Team Member - Pricing

Birla Carbon; Thane; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Birla Carbon is looking for an Actuarial Pricing Manager to join their team in Thane, Maharashtra. This role involves pricing new and existing health and personal accident insurance products while ensuring collaboration with underwriting and finance teams.

The ideal candidate will have 2–3 years of general insurance pricing experience, have cleared 5–6 actuarial exams, and possess strong analytical skills. You will be pivotal in preparing pricing models and ensuring regulatory compliance with the IRDAI.

Qualifications

• 2–3 years of experience in general insurance pricing, preferably with health or personal accident products.
• Excellent analytical and modeling skills.
• Experience with regulatory filing and actuarial technical documentation.

Responsibilities

• Lead pricing of new health and personal accident insurance products.
• Review and reprice existing products based on market trends.
• Prepare pricing models and assist in regulatory filings.

Skills

Analytical skills

Modeling skills

Communication skills

Regulatory filing knowledge

Education

5–6 actuarial exams cleared

Job description

Job Description

We are seeking an analytical and motivated Actuarial Pricing Manager to join Aditya Birla Health Insurance Company Ltd. The role involves pricing of new and existing health and personal accident insurance products, regulatory filing, IT development support, and cross‑functional collaboration with underwriting, product, distribution, and finance teams.

Key Responsibilities

• Lead or support pricing of new health and personal accident insurance products.
• Review and reprice existing products based on emerging experience and competitive analysis.
• Prepare pricing models, rate chart files, and technical documentation.
• Assist in filing product pricing and related actuarial notes with the IRDAI.
• Collaborate with Product Development, Underwriting, Claims, Finance, and Distribution teams to ensure alignment on assumptions, pricing strategy, and commercial viability.
• Support IT development for implementation of rating logic and product configuration, ensuring actuarial accuracy in system deployment.
• Stay updated with regulatory guidelines and market trends.

Qualifications

• 2–3 years of experience in general insurance pricing, preferably with exposure to health or personal accident products.
• Minimum of 5–6 actuarial exams cleared.
• Strong analytical and modeling skills.
• Experience with regulatory filing (IRDAI) and actuarial technical documentation.
• Proven ability to collaborate effectively with cross‑functional teams.
• Excellent communication and presentation skills.
• Knowledge of IT systems for rating logic implementation is a plus.