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.

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