AVP – Group Pricing

5 - 10 Years
Mumbai

Job Description

1) The individual will be responsible for assessing profitability of credit life schemes, issuing quotes for credit life/group health/affinity schemes, identifying loss making schemes for potential re-pricing, developing and designing new life insurance/health insurance products, modifying existing products to meet business needs, responding to internal and external queries with regards to product design.

2) Carrying out experience analysis of credit life and other affinity schemes

3) Justifying and presenting the profitability calculations to Management on a quarterly basis

4) Accompanying sales teams for client meetings, especially re-pricing discussions

5) Optimising levers relating to product design contributing to company's profitability.

6)Development of excel models used for pricing products

Required Candidate profile

The incumbent should have a minimum of 5+ years of experience with an Indian insurer.( Preferably Life insurance)

Bachelor's/Master's degree preferably in Computer Science/Statistics/Engineering.

Salary: INR 25,00,000 - 35,00,000 PA.

Industry:Insurance

Functional Area:Analytics & Business Intelligence

Role Category:Analytics & BI

Role:Analytics Manager

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Education-

UG:B.Sc - Maths

PG:MS/M.Sc(Science) - Maths

Doctorate:Doctorate Not Required

Company Profile

HDFC LIFE INSURANCE COMPANY LIMITED

HDFC Life Insurance Company Ltd. is one of India's leading private life insurance companies, which offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Ltd.), India's leading housing finance institution and The Standard Life Insurance Company, a leading provider of financial services from the United Kingdom. Both the promoters are well known for their ethical dealings and financial strength and are thus committed to being a long-term player in the life insurance industry.
View Contact Details+

Recruiter Name:HR Department

Contact Company:HDFC LIFE INSURANCE COMPANY LIMITED

Telephone:9930861983

Reference Id:AVP-Pricing

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