Senior Analyst II - Actuarial Pricing Modernisation

S.MONK; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

CBSI is seeking a Senior Analyst II in Bengaluru to drive actuarial pricing modernisation for North America. You will translate rating manuals into Radar pricing models and validate premiums, ensuring accuracy for live pricing with underwriting platforms.

The role requires 8–10 years in actuarial/IT/transformations, strong Excel, and programming in SQL/Python/R. Collaboration with onshore and offshore teams and clear communication are essential.

Qualifications

• 8–10 years of experience in IT integrations & transformations, PM, business analysis, actuarial, or pension roles.
• Familiarity with rating algorithms and raters (Excel, PDF) is a plus.
• Strong MS Excel skills are mandatory; VBA/macros helpful for automation.
• Programming in SQL, R or Python for data manipulation and analysis.

Responsibilities

• Prepare and translate rating manuals or Excel raters into Radar pricing models for live pricing with UW platforms.
• Validate premiums from Radar models against data sets for accuracy and consistency.
• Work on radar model updates and enhancements (rate/modifier, algorithm).
• Support proof of concepts within the team and coordinate with onshore/offshore teams (Actuarial, UW, IT).
• Demonstrate excellent communication and presentation skills.

Skills

MS Excel

VBA / Macros

SQL

Python

R

Radar pricing

Actuarial pricing

Data analysis

Stakeholder communication

Tools

Radar suite

Job description

About the RoleSenior Analyst II - Actuarial Pricing Modernisation for NA. Reports To: Team Lead.

As a member of the Pricing Modernisation team at CBSI, candidates will be required to prepare and translate rating manuals or excel based raters into Radar pricing models (working in close conjunction with line actuaries) that can be used for live pricing with UW platforms and for actuarial pricing tasks (impact analysis, scenario analysis, generate rate monitoring reports etc).

Key Responsibilities

• Prepare and translate rating manuals or excel based raters into Radar pricing models (working in close conjunction with line actuaries) that can be used for live pricing with UW platforms and for actuarial pricing tasks (impact analysis, scenario analysis, generate rate monitoring reports etc).
• Validate premiums generated from Radar pricing model against available data sets to ensure model accuracy & consistency.
• Work on radar model updates & enhancements such as rate/modifier, algorithm updates.
• Support with proof of concepts projects within the team.
• The role will involve contributing, working & coordinating with both onshore and offshore teams (Actuarial, UW, IT etc.) at Chubb.
• Excellent communication & presentation skills are needed.

Requirements

• 8-10 years of proven record in IT Integrations & Transformations, Project Management, Business Analyst, Actuarial or pension roles (awareness of General Insurance pricing principles & LOBs would be an added advantage).
• Familiarity with rating algorithms & understanding or knowledge of raters (excel, PDF etc) would be a big plus.
• Strong MS Excel skills are mandatory, and additional knowledge in VBA/Excel macros will be advantageous for data handling and automation.
• Proficiency in programming languages such as SQL or R or Python, enabling efficient data manipulation and analysis.
• Prior work experience in Radar suite software will be an added advantage but not mandatory for the role.