🔔 FCM Loaded

Actuarial - Pricing

Magma General Insurance Limited

2 - 5 years

Mumbai

Posted: 29/01/2026

Getting a referral is 5x more effective than applying directly

Job Description

  • Drive the process of Product Pricing by understanding product structure, preparing filing documents including the technical note, filing the product with the regulator and handling the queries thereafter.
  • Analysis of product performance and comparison with the risk factors used at the time of pricing.
  • Submission of various regulatory requirements from time to time. This includes the predefined regulatory submissions like product performance report as well as the ad-hoc requirements.
  • Preparation of performance dashboards for various products and highlighting the areas of concern to the Appointed Actuary.
  • Automation of various manual activities on SAS Viya. Building pricing models/ other statistical models on SAS Viya.
  • Develop towards a culture of strong checks and balances and high levels of documentation standard.
  • Discussions with underwriting and distribution teams for product design, structure and performance.
  • Involvement in budgeting activity for various key performance indicators.
  • Knowledge of sound actuarial principles.
  • Knowledge of MS-Excel and MS-Word. Knowledge of R, VBA, SAS, Power BI and/or Tableau will be an added advantage.
  • Good communication skills
  • Experience in handling queries from the Regulator

Services you might be interested in

Improve Your Resume Today

Boost your chances with professional resume services!

Get expert-reviewed, ATS-optimized resumes tailored for your experience level. Start your journey now.