Actuarial Pricing Manager

A Leading Life Insurance Company is seeking a technically proficient Actuarial Pricing Manager to join its product development division in Gurgaon. In this core financial engineering role, you will take absolute responsibility for the end-to-end premium rate generation and profit testing of individual insurance structures. Furthermore, you will manage regulatory filing lifecycles and draft responses to complex statutory queries issued by the IRDAI. Consequently, this position is crucial for mitigating financial risks and maximizing corporate capital efficiency portfolios.

The Actuarial Pricing Manager must combine meticulous mathematical calculation traits with the ability to translate consumer data into sound commercial frameworks. Additionally, you will collaborate extensively with cross-functional distribution, sales, and technology teams to ensure flawless system implementation before launch dates. Therefore, the organization is looking for an analytical professional who codes valuation macros comfortably under strict corporate schedules. If you want to steer advanced capital pricing tracks, this role provides an ideal path.

Key Responsibilities

• Lead the actuarial pricing cycle for individual life insurance products, generating premium matrices and benefit structures.
• Own the structural compilation of product filing documentations in strict accordance with regulatory frameworks.
• Draft precise, technical responses to address statutory queries and compliance clarifications raised by the regulator.
• Partner directly with Sales, Investments, and Corporate Products teams to finalize profitable product designs.
• Formulate product portfolio strategies aimed at optimizing capital employment allocations and driving profitability metrics.
• Propose innovative benefit configurations and insurance riders based on granular competitive market research.
• Participate actively in enterprise risk mitigation planning sessions and asset-liability match modeling tracks.
• Engage internal technology stakeholders to manage UAT parameters, system configuration rules, and platform launches.

Requirements and Qualifications

• Bachelor’s degree qualification in Mathematics, Statistics, Actuarial Science, or a related quantitative stream.
• 3-6 Years of core experience operating within the individual product pricing wing of a recognized life insurance firm.
• Successful professional completion and clearance of a minimum of 6 actuarial exams from an accredited institute.
• Advanced technical mastery handling MS Excel architectures, data arrays, and VBA macro development rules.
• Beneficial hands-on coding familiarity using specialized actuarial software platforms such as Prophet or DCS.