Tags: Actuarial
Role Title: Manager – Group Pricing
Employer: A Leading Life Insurance Company
Required Experience: 1-4 Years (Freshers with CM1 paper may also apply)
Location: Mumbai
Date published: 16 October 2024
We have a mandate to hire a Manager in Group Pricing for a leading life Insurance client.
Job Description
Key Responsibilities:
- Pricing and Analysis: Conduct pricing for various Group Insurance schemes, ensuring competitive and accurate quotations.
- Collaboration: Work closely with the Group Sales Team and coordinate with reinsurers to obtain and evaluate group quotations, ensuring smooth and effective communication.
- MIS Reporting: Develop and maintain Management Information Systems (MIS) reports at the required frequency, ensuring data accuracy and timely submission.
- Stakeholder Management: Build and manage strong working relationships with internal teams (Sales, Underwriting, Operations, Claims) as well as external reinsurers.
- Communication: Deliver clear, concise, and effective communication with all stakeholders, ensuring alignment and understanding of key pricing decisions and strategies.
Skills and Qualifications:
- Experience: 1-4 years in Group Pricing, with a solid understanding of group insurance products. Freshers with CM1 paper can also be considered.
- Technical Expertise: Strong proficiency in Microsoft Excel, including advanced functions (VLOOKUP, Pivot Tables, etc.).
- Analytical Skills: Ability to analyze complex data and provide pricing insights that align with business objectives.
- Communication Skills: Excellent verbal and written communication skills, with the ability to effectively present pricing information and collaborate with diverse teams.
- Teamwork: Proven ability to work in cross-functional teams and manage multiple priorities simultaneously.