As a trusted leader in the life insurance sector, you will be joining an organization known for its customer-centric approach, robust risk management, and innovative product offerings. With a strong presence across India, the company partners with corporates to deliver tailored group insurance solutions that protect employees and enhance organizational well-being.

• *Role Overview:**

This role focuses on pricing and profitability management for group life insurance products, including employer-employee, affinity, and lender-borrower segments. The ideal candidate will combine actuarial expertise with strategic thinking to drive sustainable growth and ensure regulatory compliance.

• *Key Responsibilities:**
• Design and implement pricing models for group term life products across diverse segments.
• Collaborate with distribution, underwriting, and product teams to align pricing with customer needs and profitability goals.
• Apply risk-based pricing by analyzing mortality assumptions, group demographics, and industry benchmarks.
• Monitor portfolio profitability on a monthly and quarterly basis.
• Identify underperforming blocks and recommend corrective pricing or underwriting actions.
• Track key performance indicators such as loss ratio, expense ratio, renewal persistency, and pricing adequacy.
• Maintain and enhance actuarial pricing models using Prophet, R, Python, or Excel VBA.
• Conduct sensitivity analyses and scenario testing to support strategic decisions.
• Benchmark pricing against competitors and market trends for continuous improvement.
• Partner with corporate sales, underwriting, reinsurance, legal, and finance teams to ensure cohesive execution.
• Provide pricing insights and risk evaluations during large deal negotiations.
• Coordinate with reinsurers to structure complex or high-value deals.
• Ensure compliance with IRDAI pricing regulations and internal actuarial governance standards.
• Maintain thorough documentation of pricing assumptions and models for audits and reviews.
• Propose innovative pricing mechanisms such as experience-based rating or graded premiums.
• Analyze claims experience and customer feedback to inform product enhancements.
• *Desired Skills & Qualifications:**
• Strong actuarial foundation with experience in group life pricing.
• Proficiency in actuarial modeling tools and data analytics.
• Strategic mindset with the ability to balance risk and commercial goals.
• Excellent stakeholder management and communication skills.
• Familiarity with regulatory frameworks and governance standards. As a trusted leader in the life insurance sector, you will be joining an organization known for its customer-centric approach, robust risk management, and innovative product offerings. With a strong presence across India, the company partners with corporates to deliver tailored group insurance solutions that protect employees and enhance organizational well-being.
• *Role Overview:**

This role focuses on pricing and profitability management for group life insurance products, including employer-employee, affinity, and lender-borrower segments. The ideal candidate will combine actuarial expertise with strategic thinking to drive sustainable growth and ensure regulatory compliance.

• *Key Responsibilities:**
• Design and implement pricing models for group term life products across diverse segments.
• Collaborate with distribution, underwriting, and product teams to align pricing with customer needs and profitability goals.
• Apply risk-based pricing by analyzing mortality assumptions, group demographics, and industry benchmarks.
• Monitor portfolio profitability on a monthly and quarterly basis.
• Identify underperforming blocks and recommend corrective pricing or underwriting actions.
• Track key performance indicators such as loss ratio, expense ratio, renewal persistency, and pricing adequacy.
• Maintain and enhance actuarial pricing models using Prophet, R, Python, or Excel VBA.
• Conduct sensitivity analyses and scenario testing to support strategic decisions.
• Benchmark pricing against competitors and market trends for continuous improvement.
• Partner with corporate sales, underwriting, reinsurance, legal, and finance teams to ensure cohesive execution.
• Provide pricing insights and risk evaluations during large deal negotiations.
• Coordinate with reinsurers to structure complex or high-value deals.
• Ensure compliance with IRDAI pricing regulations and internal actuarial governance standards.
• Maintain thorough documentation of pricing assumptions and models for audits and reviews.
• Propose innovative pricing mechanisms such as experience-based rating or graded premiums.
• Analyze claims experience and customer feedback to inform product enhancements.
• *Desired Skills & Qualifications:**
• Strong actuarial foundation with experience in group life pricing.
• Proficiency in actuarial modeling tools and data analytics.
• Strategic mindset with the ability to balance risk and co