Actuarial Specialist
Kotak Life
Role: Actuary Individual Pricing Manager
Job Title: Senior Manager / Chief Manager
Education: Graduate / Post Graduate
Experience: 7 years +
Work Location: Goregaon (East), Mumbai
Lead and mentor a team of few actuarial professionals, fostering a collaborative and high-performing work environment.
· Manage and drive the end-to-end process of new product design, including ideation, actuarial modelling, risk assessment, and pricing strategies.
· Conduct thorough feasibility studies for new and existing products, ensuring alignment with company objectives and market trends.
· Ensure all products meet regulatory requirements by preparing and submitting necessary documentation for product filings and securing approvals from relevant authorities.
· Act as a key liaison with regulatory bodies, addressing queries and ensuring timely product approvals.
· Support other teams, such as IT, Operations, and Distribution, with system setups, product launches, and implementation activities, ensuring smooth and efficient roll-outs.
· Stay abreast of changes in actuarial standards, regulations, and industry best practices, ensuring compliance and continuous improvement in pricing methodologies.
· Prepare and present reports, analyses, and recommendations to senior management and other stakeholders.