Life Insurance Actuarial Pricing Role

Job Title: Actuarial Pricing Specialist We are seeking a highly skilled and experienced actuarial pricing specialist to join our team. As an actuarial pricing specialist, you will be responsible for conducting feasibility studies for new product pricing, building and maintaining Excel-based pricing models, and preparing and managing IRDAI product filings and responding to related queries. This role involves working closely with cross-functional teams, including product development, underwriting, marketing, legal, and reinsurers. You will also be responsible for maintaining pricing models and documentation in an organized format, conducting market benchmarking for product features and pricing, and staying updated on regulatory changes relevant to product design and pricing. Key Responsibilities: Conduct feasibility studies for new product pricing Build and maintain Excel-based pricing models Prepare and manage IRDAI product filings and respond to related queries Collaborate with cross-functional teams Maintain pricing models and documentation Conduct market benchmarking Stay updated on regulatory changes Requirements: Qualifications & Competencies: Graduate or postgraduate degree in actuarial science, mathematics, statistics, or related field 2-4 years of actuarial work experience, preferably in individual life insurance pricing Cleared 3-5 actuarial papers CT1, CT5, or CM1 is mandatory Strong understanding of life insurance products Proficient in MS Office (Excel) and VBA – mandatory Strong analytical, problem-solving, and communication skills What We Offer: Remote work 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

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