Actuarial - Motor Pricing

Vrinda Global; Mumbai; Hybrid; INR 1,200,000 - 2,200,000; Full time

Job summary

Vrinda Global is seeking an experienced pricing professional in Mumbai for general insurance motor pricing or actuarial analytics. You will develop and maintain pricing models, drive automation, and prepare analyses to support filings and pricing initiatives.

You will collaborate with underwriting, claims, product, finance, and reinsurance to drive portfolio performance. Ideal candidates have 6-7 years in motor pricing or actuarial analytics and hold a Bachelor’s or Master’s degree in a

Qualifications

• 6-7 years of experience in General Insurance, in Motor Pricing or Actuarial Analytics.
• Bachelor's or master's degree in a quantitative discipline as listed.

Responsibilities

• Develop, maintain, and enhance motor pricing models and pricing frameworks.
• Drive automation and continuous improvement of pricing processes and reporting.
• Prepare technical documentation and actuarial analyses for product and rate filings.
• Partner with Underwriting, Claims, Product, Finance, Reinsurance, and Business teams on pricing initiatives.
• Analyse policy and claims data to identify trends and portfolio performance, recommending pricing actions.
• Conduct pricing studies, experience analyses, and portfolio reviews to support pricing decisions.

Skills

Pricing analytics

Actuarial modeling

Data analysis

Education

Bachelor's/Master's in Mathematics/Statistics/Actuarial Science/Engineering/Economics

Job description

Role & Responsibilities

• Develop, maintain, and enhance Motor pricing models and pricing frameworks.
• Drive automation and continuous improvement of pricing processes and reporting.
• Support product and rate filings by preparing technical documentation and actuarial analyses.
• Partner with Underwriting, Claims, Product, Finance, Reinsurance, and Business teams on pricing initiatives.
• Analyse policy and claims data to identify trends, assess portfolio performance, and recommend pricing actions.
• Conduct pricing studies, experience analyses, and portfolio performance reviews to support pricing decisions.

Experience

• 6-7 years of experience in General Insurance, in Motor Pricing or Actuarial Analytics.

Education and Actuarial Qualification

• Bachelor's/masters degree in Mathematics, Statistics, Actuarial Science, Engineering, Economics or another quantitative discipline.