Tags: Actuarial, Prophet
Role Title: Chief Manager – Pricing
Employer: Leading Life Insurance Company
Required Experience: 7–12 Years
Location: Mumbai / Gurgaon
Date published: 4 April 2026
A Leading Global Reinsurer is seeking a technical Chief Manager – Pricing to join its life actuarial team. In this senior role, you will be responsible for leading the pricing of complex reinsurance treaties for life insurance clients. Furthermore, you will conduct in-depth mortality and morbidity experience analysis to ensure the financial viability of new business proposals. Consequently, this position is vital for driving profitable growth and managing the long-term risk profile of the company’s reinsurance portfolio.
The Chief Manager – Pricing must possess expert knowledge of actuarial modeling tools such as Prophet and a deep understanding of reinsurance structures. Additionally, you will lead treaty negotiations and provide technical guidance to the underwriting and business development teams. Therefore, the reinsurer is looking for a Qualified or Nearly Qualified Actuary with a strong background in pricing. If you are a technical leader ready to influence the reinsurance landscape, this Chief Manager – Pricing role offers a premier professional opportunity.
Key Responsibilities
- Lead the pricing and technical assessment of life reinsurance treaties (Quota Share, Excess of Loss, etc.).
- Develop and maintain robust pricing models using Prophet, Excel VBA, or R.
- Perform detailed experience analysis on mortality, morbidity, and persistency data.
- Lead technical discussions and treaty negotiations with client life insurance companies.
- Prepare comprehensive pricing reports and present findings to the local and regional risk committees.
- Ensure all pricing practices comply with internal global guidelines and local regulatory standards.
- Collaborate with the Underwriting and Claims teams to refine risk selection and pricing assumptions.
- Liaise with regional actuarial hubs to ensure alignment with global pricing frameworks.
- Provide mentorship and technical training to junior actuarial staff.
- Support the business development team in product innovation and reinsurance solution design.
Requirements and Qualifications
- Qualified Actuary or Nearly Qualified Actuary (passed all CT/CS papers plus SP/CP papers).
- 7 to 12 years of experience in life insurance or reinsurance pricing.
- Expert proficiency in Prophet actuarial software and Excel VBA.
- Deep understanding of life insurance products and global reinsurance markets.
- Excellent negotiation and communication skills for client-facing technical discussions.