Manager - Group Pricing (Actuary) - Mumbai (Goregaon E)

Kotak Life; India; Presencial; INR 1 500 000 - 2 100 000; Tempo integral

Resumo da oferta

Kotak Life Insurance in India seeks a dynamic Manager in Actuarial to lead pricing for group term and credit life products. You will develop pricing models, analyze profitability, and coordinate with Sales, Underwriting, and Finance to support growth.

Responsibilities include preparing competitive quotations, resolving pricing queries, and ensuring compliance with internal standards while monitoring experience analyses for reporting to committees. Actuarial exams encouraged.

Qualificações

• Graduate in any stream.
• Minimum 2 years in group term/credit life pricing.
• Pursuing actuarial exams preferred (not mandatory).
• Strong MS Excel and PowerPoint skills.

Responsabilidades

• Prepare competitive and profitable quotations for group credit life insurances schemes.
• Provide timely resolution of queries related to product, pricing, and process to support business acquisition and retention.
• Liaise with Group Sales, internal departments, and reinsurers for finalization of quotations.
• Ensure compliance with internal guidelines and maintain profitability standards.
• Monitoring experience analysis and reporting to respective internal committees.

Conhecimentos

Strong analytical skills

Stakeholder management

Interpersonal & communication

Ability to work under pressure

Formação académica

Graduate in any stream

Ferramentas

MS Excel

PowerPoint

Descrição da oferta de emprego

JOB DESCRIPTION

POSITION

DESIGNATION

Manager

DEPARTMENT

Actuarial

OBJECTIVE OF THE ROLE

The ideal candidate will possess strong expertisein pricing group life insurance products (e.g., term, credit life), alongwith excellent analytical and stakeholder management skills. The roleinvolves:

• Pricing and profitability analysis
• Reinsurance negotiations
• Development and enhancement of pricingmodels
• Collaboration with sales, underwriting, andfinance teams

KEY RESPONSIBILITIES

Weightage

• Preparecompetitive and profitable quotations for group credit life insuranceschemes
• Providetimely resolution of queries related to product, pricing, and process tosupport business acquisition and retention

Stakeholder Management

• Liaisewith Group Sales, internal departments, and reinsurers for finalizationof quotations

Compliance & Process Adherence

• Ensurecompliance with internal guidelines and maintain profitability standards
• Monitoringexperience analysis and reporting to respective internal committees

70%

10%

10%

10%

TOTAL

100%

INTERACTIONS

Internal Relations:

Sales, Underwriting, Operations, Claims

REQUIRED QUALIFICATION ANDSKILLS

EducationalQualifications: Graduate in any stream

WorkExperience: Minimum 2 years in group term/credit life pricing

Pursuingactuarial exams preferred (not mandatory)

Other skill set:

Technical Skills:

• Proficiencyin MS Excel and PowerPoint
• Stronglogical reasoning and data analysis skills
• Excellentinterpersonal and communication skills
• Abilityto manage deadlines and work under pressure