Actuarial Analyst - Pricing

SBI General Insurance; Mumbai; On-site; INR 1,200,000 - 1,600,000; Full time

Job summary

SBI General Insurance in Mumbai seeks a pricing professional to support pricing a product and build pricing models in a dynamic regulatory environment. The role requires close collaboration with Sales, Underwriting, and Product teams to ensure competitive pricing and risk alignment.

The incumbent will prepare technical notes and annexures for IRDAI filings, verify accuracy of deliverables, and ensure adherence to IRDAI guidelines.

Responsibilities

• Providing support for pricing a Product
• Helping bulid a robust Pricing Model for each product
• Helping create Technical Notes & other annexures required for filing the product with IRDAI
• Ensuring that the products filed are as per extant IRDAI guidelines
• Perform final reviews on all deliverables to ensure accuracy.
• Assess and consider all kinds of risk to review and make informed decisions around new initiatives or responses to situations.
• Liase with Sales/Distribution to understand the product requirement
• Liase with UWs to understand the feasibility of the product
• Liase with Products team and help them with a product construct

Job description

Role & responsibilities

• - Providing support for pricing a Product
• - Helping bulid a robust Pricing Model for each product
• - Helping create Technical Notes & other annexures required for filing the product with IRDAI
• - Ensuring that the products filed are as per extant IRDAI guidelines
• - Perform final reviews on all deliverables to ensure accuracy.
• - Assess and consider all kinds of risk to review and make informed decisions around new initiatives or responses to situations.
• - Liase with Sales/Distribution to understand the product requirement
• - Liase with UWs to understand the feasibility of the product
• - Liase with Products team and help them with a product construct