Assistant Manager

• Collaborate with the Pricing Team to develop pricing strategies and models for our P&C insurance products, with a focus on admitted business.
• Analyze large datasets to evaluate risks and assess pricing adequacy.
• Conduct research and perform competitive analysis to stay updated with market trends and regulatory changes.
• Assist in the development and implementation of pricing programs, including rate reviews and filings.
• Prepare and present actuarial findings and recommendations to management and other stakeholders.
• Calculate indicated rate, project losses to ultimate using various methodologies, trend analysis etc.
• Collaborate with underwriters, product managers, and other departments to ensure pricing strategies align with business goals.
• Provide support in the development of pricing tools, models, and other analytical tools to streamline pricing processes.
• Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.
• Stay updated with industry best practices and developments in actuarial methodologies and techniques.

Responsibilities

• Collaborate with the Pricing Team to develop pricing strategies and models for our P&C insurance products, with a focus on admitted business.
• Analyze large datasets to evaluate risks and assess pricing adequacy.
• Conduct research and perform competitive analysis to stay updated with market trends and regulatory changes.
• Assist in the development and implementation of pricing programs, including rate reviews and filings.
• Prepare and present actuarial findings and recommendations to management and other stakeholders.
• Calculate indicated rate, project losses to ultimate using various methodologies, trend analysis etc.
• Collaborate with underwriters, product managers, and other departments to ensure pricing strategies align with business goals.
• Provide support in the development of pricing tools, models, and other analytical tools to streamline pricing processes.
• Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.
• Stay updated with industry best practices and developments in actuarial methodologies and techniques.

Qualifications

• Bachelor's/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
• Affiliation to IAI or IFOA, with 2-6 CT actuarial exams will be an added advantage
• 3-5 years Actuarial experience in the P&C insurance industry.
• Strong pricing experience including filings and filings support.
• Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.