Pricing Associate - Bengaluru, India - iptiQ

Description

Responsibilities:

• Perform US Life Pricing Reviews for New Business and Inforce Deals prior to client Delivery.
• Provide Signoff on Regression Testing to make sure inhouse Pricing Tool 'ICE' works as expectations.
• Prepare recent pricing wins for incorporation into the Valuation model through New Business Induction.
• Construct and update models for the annual Open Treaty Review process used in portfolio monitoring.
• Coordinate with Team members on Assumption Updates (like Mortality Improvement, PBR etc.), AXIS Version Control Maintenance, JIRA Testing, New Deal Pricing Segmentation and Adhoc support to Pricing Actuaries.
• Develop business acumen in orders to become a source of technical knowledge and advice.

Position Requirements:

• Successfully completed a bachelor's or Master's Degree in Actuarial Science, Mathematics, Statistics, or related field.
• Cleared at least 23 Actuarial papers from IFoA UK or IAI Mumbai.
• 6 months 1 year of experience working in a Life Insurance Company would be a plus.
• Programming/Software skills particularly in MS Excel
• VBA and SQL are a plus.
• Demonstrates strong oral and written English Communication skills along with strong interpersonal and analytical skills.
• Shows initiative in learning Actuarial Concepts in practical environment and supporting other team members and senior stakeholders.
• Ability to work independently, accurately and deliver to deadlines.

About iptiQ
At iptiQ, we partner with established brands around the world to create impactful digital insurance solutions. We make it easier for consumers to buy the insurance they need from the brands they trust. We provide life and non-life insurance through our end-to-end digital platform and build multi-channel customer experiences.

What we offer our employees is outstanding.

Hybrid working in offices across the world, phenomenal learning & career opportunities and a culture that encourages new perspectives to challenge conventions and come up with innovative solutions.

We believe in the power of inclusion and a work environment where everyone can be their authentic self.

Drawing on our employees' broad range of perspectives, life experiences and backgrounds, stimulates creativity and gives us a competitive edge.

Ignite your curiosity to shape digital insurance.

Swiss Re is an equal opportunity employer.

It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, gender identity and/or expression, sexual orientation, disability, age, pregnancy, marital status, military status, or any other characteristic protected by law.

Decisions on employment are solely based on an individual's qualifications for the position being filled.

iptiQ is part of Swiss Re, one of the world's leading providers of re/insurance and risk transfer solutions. This means we're backed by Swiss Re's capital strength and more than 150 years of risk knowledge. Through our partnerships, we contribute to Swiss Re's vision to make the world more resilient.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


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