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Actuarial Manager - General Insurance

Spring Consulting

Bengaluru, Karnataka, India · Full Time

Be the first to apply

Experience
Any
Salary
INR 3,500,000 – INR 4,000,000 / year
Openings
1
Posted
12 hours ago
Work mode
In office
Resume
Required to apply

Where you'll work

Job description

About the Role

We are seeking a technically proficient and analytically strong actuarial expert to lead a team focused on pricing and quotation development for emerging and niche insurance areas. This includes affinity insurance proposals, parametric insurance models, and government health and crop insurance products.

The role involves designing and validating pricing frameworks that utilize environmental and agricultural indices such as Air Quality Index (AQI), rainfall, and temperature data. The candidate will also handle proposals related to cattle insurance.

Key Responsibilities

  • Lead and manage a dynamic actuarial team focused on pricing and quotations.
  • Develop actuarial models for affinity and parametric insurance products.
  • Design and validate pricing methodologies using environmental and agricultural parameters (AQI, temperature, rainfall).
  • Oversee actuarial tasks related to government-linked health and crop insurance schemes.
  • Drive innovation in actuarial techniques and strategy within specialized insurance segments.

Candidate Profile

  • Strong actuarial background with expertise in general insurance.
  • Experience working with environmental and agricultural indices in insurance pricing.
  • Analytical and strategic thinker with leadership capabilities.

Perks and Benefits

  • Variable compensation
  • All standard company benefits

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