Job Title:
Actuarial Life Pricing
Company: EliteRecruitments
Location: Salem, Tamil Nadu
Created: 2025-09-25
Job Type: Full Time
Job Description:
We are looking for a dynamicLife Actuarial Analystto join theActuarial Pricing teamof a leading life insurance company. This is aremote rolefocused onproduct pricing ,regulatory filings , andbenchmarkingin collaboration with internal teams and reinsurers. Ideal for professionals with hands-on experience in individual life product pricing, model development, and IRDAI filing. Key Responsibilities: Conduct feasibility studies fornew product pricing Build and maintainExcel-based pricing models Prepare and manageIRDAI product filingsand respond to related queries Collaborate with cross-functional teams includingProduct Development ,Underwriting ,Marketing ,Legal , andReinsurers Maintain pricing models and documentation in an organized format Conductmarket benchmarkingfor product features and pricing Stay updated onregulatory changesrelevant to product design and pricing Develop product calculators before integration with internal systems Support internal stakeholders withproduct-related queries Qualifications & Competencies: Graduate or Postgraduate in Actuarial Science, Mathematics, Statistics, or related field 2 to 4 yearsof actuarial work experience, preferably inindividual life insurance pricing Cleared3 to 5 actuarial papers CT1, CT5 or CM1 is mandatory Strong understanding oflife insurance products Proficient inMS Office (Excel)andVBA– mandatory Strong analytical, problem-solving, and communication skills Detail-oriented and self-motivated, able to work independently in a remote setup What We Offer: Fully remotework opportunity Exposure to core pricing, product development, and regulatory functions Opportunity to work closely with leadership and cross-functional teams Supportive work culture with room for professional growth Competitive compensation and benefits