Manager Actuarial Pricing

from 5 to 7 year(s) of Experience
₹ Not Disclosed by Recruiter

Job Description

Roles and Responsibilities


  • Responsible for developing and designing new life insurance/health insurance products, modifying existing products to meet business needs,
  • Pricing and filing of new products as per file and use procedure
  • Carrying out modification of existing products as per use and file procedure
  • Coming up with new product ideas
  • Ensuring compliance with various regulatory requirements as a part of filing
  • Ensuring adherence of process for various filing requirements
  • Keep a tab on competitor’s product offering and any new launches
  • Optimizing levers relating to product design contributing to company’s profitability
  • Development of excel models used for pricing products
  • Checking and reviewing filing documents and ensuring correctness
  • Timely responses to regulatory queries and getting product approvals
  • Document and create an audit-trail of various communications, sign-offs, authorisations and exceptions granted/received
  • Perform ad hoc analysis as per the business requirement

Candidate Requirement:

5-7 years of experience in the Insurance industry

Well-versed with life insurance/health insurance products

Proficient with product and other relevant IRDAI regulations

Part or Fully qualified Actuary




* HDFC Life does not charge applicants any recruitment fee or a deposit in return for job offers. HDFC Life does not authorize any third party to make employment offers, refer or place candidates, for a fee charged to the applicant.




Salary: Not Disclosed by Recruiter

Industry:Insurance

Functional Area:Other

Role Category:Other

Employment Type:Full Time, Permanent

Education-

UG:Any Graduate in Any Specialization

PG:Post Graduation Not Required

Doctorate:Doctorate Not Required

Company Profile

HDFC LIFE INSURANCE COMPANY LIMITED

HDFC Life, one of India€™s leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India€™s leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom. HDFC Life€™s product portfolio comprises solutions, which meet various customer needs such as Protection, Pension, Savings, Investment and Health. Customers have the added advantage of customizing the plans, by adding optional benefits called riders, at a nominal price. The company currently has 37 retail and 8 group products in its portfolio, along with 9 optional riders catering to the savings, investment, protection and retirement needs of customers. HDFC Life continues to have one of the widest reaches among new insurance companies with about 500 branches in India touching customers in over 900 cities and towns. The company has also established a liaison office in Dubai. HDFC Life has a strong presence in its existing markets with a strong base of Financial Consultants. For more information, please visit our website, www.hdfclife.com
Company Info
View Contact Details+

Recruiter Name:Kinnari Barot

Contact Company:HDFC LIFE INSURANCE COMPANY LIMITED

Website:http://careers.hdfclife.com