Actuarial - Motor Pricing Analyst

Tata AIG General Insurance Company; Mumbai City; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Tata AIG General Insurance Company in Mumbai is seeking an Actuarial - Motor Pricing Analyst to support pricing decisions through data preparation, pricing studies, and portfolio reviews.

The role emphasizes automation and continuous improvement of pricing processes, governance, and reporting, with a focus on GLMs and actuarial methodologies.

Qualifications

• Bachelor's/masters in Mathematics, Statistics, Actuarial Science, Engineering, Economics or another quantitative discipline.
• 5-7 Actuarial examinations cleared preferred; progress towards actuarial qualification encouraged.

Responsibilities

• Prepare data for pricing and conduct pricing studies.
• Experience analyses and portfolio performance reviews to support pricing decisions.
• Drive automation and continuous improvement of pricing processes and reporting.

Skills

Analytical thinking

Problem solving

Data interpretation

Education

Quantitative degree

Actuarial qualification progress (IAI/IFoA)

Tools

WTW Emblem

Radar

R

SQL

Microsoft Excel

Job description

Role: Actuarial - Motor Pricing Analyst

Job location: Lower Parel, Mumbai

Role & Responsibilities

• Preparation of data for pricing
• Conduct pricing studies, experience analyses, and portfolio performance reviews to support pricing decisions.
• Drive automation and continuous improvement of pricing processes and reporting.

Education and Actuarial Qualification

• Bachelor's/masters degree in Mathematics, Statistics, Actuarial Science, Engineering, Economics or another quantitative discipline.
• Good progress towards actuarial qualification (IAI, IFoA, or equivalent). 5-7 Actuarial examinations cleared preferred.

Experience

• 4 years of experience in General Insurance, preferably in Motor Pricing or Actuarial Analytics.
• Experience in actuarial pricing, product/rate filings, portfolio management, and pricing governance.

Skills

• Good understanding of Motor insurance pricing, actuarial pricing methodologies, and Generalized Linear Models (GLMs).
• Hands-on experience with WTW Emblem, Radar. Proficiency in R, SQL, and Microsoft Excel.
• Strong analytical, problem-solving, and data interpretation skills.