Actuarial - Motor Pricing Analyst

Role: Actuarial - Motor Pricing Analyst

Job location: Lower Parel, Mumbai

Role & Responsibilities

• Preparation of data for pricing
• Conduct pricing studies, experience analyses, and portfolio performance reviews to support pricing decisions.
• Drive automation and continuous improvement of pricing processes and reporting.

Education and Actuarial Qualification

• Bachelor's/masters degree in Mathematics, Statistics, Actuarial Science, Engineering, Economics or another quantitative discipline.
• Good progress towards actuarial qualification (IAI, IFoA, or equivalent). 5-7 Actuarial examinations cleared preferred.

Experience

• 4 years of experience in General Insurance, preferably in Motor Pricing or Actuarial Analytics.
• Experience in actuarial pricing, product/rate filings, portfolio management, and pricing governance.

Skills

• Good understanding of Motor insurance pricing, actuarial pricing methodologies, and Generalized Linear Models (GLMs).
• Hands-on experience with WTW Emblem, Radar. Proficiency in R, SQL, and Microsoft Excel.
• Strong analytical, problem-solving, and data interpretation skills.