Pricing

Hello,

Greetings from Bharti AXA Life Insurance !

We are looking for aspirants for our Pricing Team with minimum 1 year of experience.

Requisites: Software skills – Prophet

Minimum 5 actuarial papers including CM1 mandatory

Location : Bandra BKC-HO, Mumbai

Roles & Responsibilities :

• Responsible for pricing of individual and group products
• Assess feasibility of product structures in terms of profitability, capital requirements and competitiveness
• Manage/Assist in developing and updating appropriate models and assumptions for new products and modifications
• Liaise with the Product and the IT team for product setup related requirements
• Manage/Assist in resolving queries and exploring improved processes
• Manage/Assist product approval process
• Manage/Assist regulatory approvals
• Generating reports and financials for internal Product approval process
• Preparation of File & Use and other related documents and financials for Regulatory product approval
• Manage/Assist in preparation of responses to regulatory queries
• Reinsurance
• Manage reinsurer relationship and negotiate terms and conditions for reinsurance quotes

Working Relations Within Business Unit:

• Product Development & Management
• IT
• Underwriting
• Investment

Experience & Qualifications:

• Strong technical skills and understanding of key aspects of actuarial, investment and financial disciplines
• Strong analytical and communication skills
• Good Knowledge of Prophet (Actuarial Software)
• Good knowledge of Excel including VBA programming

Candidates from Mumbai Shall be preferred.