Senior Manager/General Manager Actuarial (Gurugram)

Job Description: We are seeking a highly motivated and experienced Senior Actuarial Analyst to join our dynamic Pricing team. The successful candidate will play a crucial role in the development, implementation, and monitoring of pricing strategies for our health insurance products. This role requires strong analytical skills, a deep understanding of actuarial principles, and the ability to translate complex data into actionable insights. You will contribute significantly to ensuring the profitability and competitiveness product portfolio. Key Responsibilities: - Pricing Analysis & Modelling: - Develop and maintain sophisticated pricing models for new and existing health insurance products, including retail, group, and innovative offerings. - Conduct in-depth analysis of claims data, underwriting experience, and market trends to inform pricing assumptions and strategies. - Perform experience analysis and recommend appropriate adjustments to pricing parameters. - Utilize actuarial software and statistical tools for data analysis and modelling (e.g, SAS, Databricks R, Python, SQL, Excel/VBA). - Product Development Support: - Collaborate closely with the product development, underwriting, and sales teams to provide actuarial insights and support the design of current and revised products. - Assess the financial viability and risk profile of new product propositions. - Assist in the preparation of regulatory filings related to product pricing. - Performance Monitoring & Reporting: - Monitor the profitability and performance of various products and segments, identifying areas for improvement or intervention. - Prepare and present regular reports on pricing adequacy, claims experience, and market competitiveness to senior management. - Analyze the impact of pricing decisions on business objectives. - Market Research & Competitor Analysis: - Stay updated with industry trends, regulatory changes, and competitor pricing strategies. - Conduct competitor analysis to ensure Niva Job Description: We are seeking a highly motivated and experienced Senior Actuarial Analyst to join our dynamic Pricing team. The successful candidate will play a crucial role in the development, implementation, and monitoring of pricing strategies for our health insurance products. This role requires strong analytical skills, a deep understanding of actuarial principles, and the ability to translate complex data into actionable insights. You will contribute significantly to ensuring the profitability and competitiveness product portfolio. Key Responsibilities: - Pricing Analysis & Modelling: - Develop and maintain sophisticated pricing models for new and existing health insurance products, including retail, group, and innovative offerings. - Conduct in-depth analysis of claims data, underwriting experience, and market trends to inform pricing assumptions and strategies. - Perform experience analysis and recommend appropriate adjustments to pricing parameters. - Utilize actuarial software and statistical tools for data analysis and modelling (e.g, SAS, Databricks R, Python, SQL, Excel/VBA). - Product Development Support: - Collaborate closely with the product development, underwriting, and sales teams to provide actuarial insights and support the design of current and revised products. - Assess the financial viability and risk profile of new product propositions. - Assist in the preparation of regulatory filings related to product pricing. - Performance Monitoring & Reporting: - Monitor the profitability and performance of various products and segments, identifying areas for improvement or intervention. - Prepare and present regular reports on pricing adequacy, claims experience, and market competitiveness to senior management. - Analyze the impact of pricing decisions on business objectives. - Market Research & Competitor Analysis: - Stay updated with industry trends, regulatory changes, and competitor pricing strategies. - Conduct competitor analysis to ensure Niva