Life Insurance Actuarial Pricing Role - India Market Knowledge

Key Responsibilities :

- Support the development and implementation of new business opportunities for treaty clients and potential clients, focusing strongly on opportunities that will enhance VANB for the company.

- Responsible for the overall client relationship for specified clients and work with other MR departments to ensure growth and profit contribution from specific clients.

- Be a Relationship Manager for several clients, identify business development opportunities, and facilitate in meeting business targets.

- Support clients in New Business Initiatives: Conduct client workshops to understand client business philosophy and uncover client product-related needs. Thereafter, produce product recommendations and capital solutions for clients based on methodical and rigorous analysis.

- Manage existing business: Monitor and manage clients' treaty business, including profitability and risk exposure. Focus on developing organic growth in existing treaties and rehabilitating loss-making treaties.

- Document reinsurance terms in quotations/treaties and facilitate final treaty negotiations.

- Highlight the services and offerings the company can provide and ensure MR is the first-choice partner for clients. Coordinate internally effectively to ensure maximum client satisfaction.

- Liaise with regional counterparts to share information and expand service offerings to clients.

- Promote the company and its expertise through initiatives, including presentations, seminars, client meetings, publications, and surveys.

- Build individual and company's visibility in the Indian market.

Required Qualifications & Skills:

- Excellent written and spoken English.

- 5+ years of experience in Actuarial and related fields.

- Ability to independently manage interactions with technical actuarial, underwriting, finance teams,

regional stakeholders, and external parties.

- Superior interpersonal and time management skills.

- A solutions-based approach with the ability for complex problem-solving.

- Strong analytical abilities, including mathematical and statistical concepts.

- Strong command of MS Office, PowerPoint, and Excel.

- Knowledge of data gathering and manipulation techniques and tools such as Access, SQL.

- Willing to travel as needed.

- Thorough knowledge of products and regulations relating to the Indian insurance industry.