Actuarial Manager

Blue Cloud Softech Solutions Limited; Hyderabad; On-site; INR 2,800,000 - 3,800,000; Full time

Job summary

Blue Cloud Softech Solutions Limited is seeking a senior pricing leader for the General Insurance domain in Hyderabad. You will steer pricing policy, models and strategies, including government tenders, while aligning with risk appetite and regulatory standards.

You will collaborate with underwriting, product and reserving teams to drive innovation, market expansion, and analytics-driven pricing, mentoring the pricing team and partnering with data science to build dynamic algorithms.

Qualifications

• 4+ years of experience in general insurance pricing or portfolio management, including leadership experience.
• Deep understanding of actuarial principles, underwriting, regulatory environment, and product development processes.
• Strong leadership skills with experience managing a team and multiple priorities.
• Interest in using emerging technologies like GPTs and Power Platforms in pricing work.
• Proficiency in data analysis and open-source languages such as SQL, Python, VBA.
• Strong analytical and problem-solving skills with ability to interpret complex data for decision making.
• Excellent communication and interpersonal skills.

Responsibilities

• Lead development and implementation of pricing policy, strategies and models to stay competitive and profitable.
• Lead pricing for Government business, including tenders.
• Collaborate with reserving to integrate analysis into pricing and align with risk appetite.
• Work with underwriting and product teams to design pricing structures for innovation and growth.
• Analyze market trends and competitor pricing to keep pricing responsive.
• Ensure compliance with regulatory requirements and internal pricing policies.
• Mentor and develop the pricing team and drive continuous improvement.
• Work with data scientists to use spatiotemporal data for dynamic pricing algorithms.
• Communicate pricing concepts to non-technical stakeholders including senior management and board.
• Implement new pricing tools, controls and risk management in pricing function.

Skills

Pricing leadership

Data analysis

Communication

Analytical thinking

Tools

SQL

Python

VBA

Job description

Key Responsibilities

• Lead the development and implementation of pricing policy, strategies and models, ensuring they are competitive, profitable and responsive to internal and external changes.


• Lead the pricing for Government business, including tenders.


• Collaborate with the reserving team to integrate reserving analysis into pricing decisions and ensure alignment with the company s risk appetite.


• Work closely with the underwriting and product development teams to design pricing structures that support product innovation and market expansion.


• Analyse market trends and competitor pricing to ensure Kshema s pricing strategy remains competitive and responsive to market dynamics.


• Ensure compliance with regulatory requirements and internal policies in pricing process.


• Lead, mentor, and develop the pricing team, fostering a culture of innovation, continuous improvement and professional growth.


• Work closely with data scientists to utilise spatiotemporal data and build granular and dynamic pricing algorithms.


• Communicate complex pricing concepts and strategies to non-technical stakeholders, including senior management and board members.


• Implement new pricing tools, controls and risk management in the pricing function.

Qualification & Experience

• 4+ years of experience in general insurance pricing or portfolio management, including experience in a leadership role.


• Deep understanding of actuarial principles, underwriting, regulatory environment, and product development processes


• Strong leadership skills with experience managing a team and multiple priorities.


• Keen interest in use of emerging technologies like GPTs, Power Platforms etc. in day-to-day work and pricing models.


• Proficiency in data analysis and open-source coding languages like VBA, SQL & Python.


• Strong analytical and problem-solving skills, with the ability to interpret complex data to make informed decisions.


• Excellent communication and interpersonal skills.