FULLTIME
Manager
Birla Sun Life Insurance
Not specified · onsite · Posted 22d ago
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Section · 01
About this role
- Develop and maintain actuarial pricing models for new and existing insurance products.
- Perform experience analysis on claims, exposure, premium, lapse, and other relevant portfolio data.
- Conduct rate reviews and recommend pricing changes based on emerging experience and profitability.
- Develop pricing assumptions, rating structures, technical rates, and pricing methodologies.
- Perform profitability and sensitivity analysis under different pricing scenarios.
- Support product development by providing actuarial inputs on product structure, benefits, exclusions, and pricing.
- Prepare pricing reports, actuarial notes, technical documentation, and regulatory submissions.
- Support regulatory filings and ensure pricing methodologies comply with applicable IRDAI requirements.
- Monitor portfolio performance against pricing assumptions and identify key drivers of deviation.
- Work closely with Underwriting, Product, Claims, Finance, Distribution, IT, and Risk teams.
- Support implementation and validation of pricing logic in rating systems.
- Identify opportunities to automate pricing and analytical processes.
- Present pricing results, recommendations, and key insights to senior stakeholders.
- Maintain appropriate documentation, controls, and governance around pricing models.
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Section · 02
Skills
actuarial pricing modelsexperience analysistechnical ratesrating systemspricing reportsregulatory filingsSensitivity AnalysisTechnical DocumentationAnalytical ProcessesPricing methodologiespricing assumptionsrating structuresRate reviews
Section · Company
About Aditya Birla Sun Life Insurance
Birla Sun Life Insurance
Insurance
23.0k+
employees
2000
26 years old
Mumbai, Maharashtra
India
₹5.7L PA avg
Avg at Aditya Birla Sun Life Insurance
About
Aditya Birla Sun Life Insurance provides life insurance plans for every goal in life which will help you in meeting your protection and financial needs.
Industries
InsuranceFinancial Services
Employee ratings
10 reviews
4.0/ 5
Culture
3.1
Career growth
2.7
Work-life
3.1
Employees rate it well for
Overall Company40Work-Life Balance39
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