Back to search

AVP/DVP Pricing Actuarial

Mumbai Suburban Permanent View Job Description
As an AVP/DVP in Pricing Actuarial, you'll develop pricing strategies and models to support the company's insurance products in Mumbai. You'll ensure pricing aligns with business objectives and market trends.
  • Opportunities to work for a leading life insurance company
  • Exposure to pricing strategies and product development

About Our Client

The company operates in the life insurance industry and is based in Mumbai.

Job Description

  • Lead individual pricing and development of new products, riders, and product enhancements.
  • Drive IRDAI product filings and manage regulatory queries.
  • Partner with Product, Operations, Technology, Finance, and Compliance teams for product implementation and governance.
  • Review and approve pricing assumptions, profitability analysis, benefit illustrations, and product documentation.
  • Monitor product performance and recommend pricing/product changes based on business outcomes.
  • Oversee UAT sign-offs and product launch readiness.
  • Manage audit and regulatory compliance requirements.
  • Mentor and guide team members on pricing methodologies and product regulations.
  • Develop and refine pricing models for insurance products
  • Analyse market trends and competitor pricing
  • Ensure compliance with regulatory guidelines

The Successful Applicant

We're looking for someone who has:

  • Qualified / Nearly qualified actuaries may apply
  • Experience in pricing within the life insurance industry
  • Strong analytical and problem-solving skills
  • Knowledge of relevant software and tools
  • Understanding of insurance products and regulations
  • Good communication and collaboration skills

What's on Offer

  • Opportunities to work for a leading life insurance company
  • Exposure to pricing strategies and product development



If this role matches your experience, feel free to apply.

Quote job ref
JN-092026-7114034

Job summary

Function
Insurance
Sub Sector
Actuarial
What is your area of specialisation?
Insurance
Location
Mumbai Suburban
Job Type
Permanent
Job Reference
JN-092026-7114034

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.