Manager - Group Pricing (Actuary)
Kotak Life
Mumbai, Maharashtra, India
Role: Group Pricing Manager (Actuary)
Title: Manager / Senior Manager
Location: Goregaon (East), Mumbai
Experience: 2 years +
Education: Graduate
The ideal candidate will possess strong expertise in pricing group life insurance products (e.g., term, credit life), along with excellent analytical and stakeholder management skills. The role involves:
- Pricing and profitability analysis
- Reinsurance negotiations
- Development and enhancement of pricing models
- Collaboration with sales, underwriting, and finance teams
Pricing & Sales Support
- Prepare competitive and profitable quotations for group credit life insurance schemes
- Provide timely resolution of queries related to product, pricing, and process to support business acquisition and retention
- Stakeholder Management
- Liaise with Group Sales, internal departments, and reinsurers for finalization of quotations
- Compliance & Process Adherence
- Ensure compliance with internal guidelines and maintain profitability standards
- Reporting & MIS
- Monitoring experience analysis and reporting to respective internal committees