Actuary Pricing Consultant @ Digit Insurance

Job Description

Job Description:

Key Responsibilities:

• Pricing Strategy Development: Develop and implement pricing strategies for new and existing life insurance products
• Data Analysis: Analyze historical data and trends to inform pricing decisions
• Actuarial Modelling: Build and maintain actuarial models to estimate risks and determine appropriate pricing
• Collaboration: Work closely with underwriting, product development, and finance teams to ensure alignment on pricing strategies
• Regulatory Compliance: Ensure all pricing strategies comply with relevant regulations and standards
• Reporting: Prepare and present pricing reports and recommendations to senior management

Qualifications:

• Education: Bachelors/Masters degree in Actuarial science, Mathematics, Statistics, or a related field
• Experience: 1-2 years of experience in actuarial pricing in life insurance

Skills:

• Must have cleared minimum 5-6 papers
• Strong analytical and problem-solving skills
• Proficiency in actuarial software and tools (e.g., Excel, SQL, R)
• Excellent communication and presentation skills
• Ability to work collaboratively in a team environment

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Rs 0 - 50K PM Rs 50K - 1 LPA Rs 1.0 - 1.5 LPA Rs 1.5 - 2.0 LPA Rs 2.0 - 2.5 LPA Rs 2.5 - 3.0 LPA Rs 3.0 - 3.5 LPA Rs 3.5 - 4.0 LPA Rs 4.0 - 4.5 LPA Rs 4.5 - 5.0 LPA Rs 5 - 6 LPA Rs 6 - 7 LPA Rs 7 - 8 LPA Rs 8 - 9 LPA Rs 9 - 10 LPA Rs 10 - 12 LPA Rs 12 - 14 LPA Rs 14 - 16 LPA Rs 16 - 18 LPA Rs 18 - 20 LPA Rs 20 - 22 LPA Rs 22 - 24 LPA Rs 24 - 26 LPA Rs 26 - 28 LPA Rs 28 - 30 LPA Rs 30 - 32 LPA Rs 32 - 34 LPA Rs 34 - 36 LPA Rs 36 - 38 LPA Rs 38 - 40 LPA Rs 40 - 42 LPA Rs 42 - 44 LPA Rs 44 - 46 LPA Rs 46 - 48 LPA Rs 48 - 50 LPA Rs 50 - 75 LPA Rs 75 Lakh - 1C PA Rs 1 Crore+ PA

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Keyskills:   actuarial pricing life insurance Pricing Actuarial