Kotak Life,Mumbai, Maharashtra, India
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Actuarial Manager: End-to-End Individual Pricing Lead (AVP)
This is a key leadership appointment for an Actuarial Pricing Manager to join Kotak Life Insurance in Mumbai. You will hold end-to-end ownership of the individual product lifecycle, driving profitable growth from initial ideation and modelling through to regulatory filing and market launch.
| Designation: Assistant Vice President (AVP) | Location: Mumbai, Goregaon (East) |
Experience: 7+ Years Relevant Actuarial Experience | Reporting: |
Key Responsibilities & Strategic Oversight
As the Individual Pricing Lead, your role is defined by technical authority, team leadership, and strategic execution:
- Product Design and Feasibility:
- Lead the entire new product design process, encompassing actuarial modelling, risk assessment, and pricing strategies.
- Conduct thorough feasibility studies to ensure new and in-force products align with financial objectives and market trends.
- Regulatory Compliance and Filing:
- Act as the key liaison with regulatory bodies, overseeing the timely preparation and submission of all product documentation.
- Secure approvals and effectively manage regulatory queries to ensure continuous compliance.
- Team Leadership and Mentorship:
- Lead and mentor a small team of actuarial professionals, fostering a collaborative and high-performing environment focused on technical excellence.
- Cross-Functional Implementation:
- Provide essential technical support to IT, Operations, and Distribution teams to facilitate smooth system setups and efficient product launches.
Candidate Profile
We seek a dynamic and results-driven actuarial professional prepared to manage multiple stakeholders in a fast-paced environment.
- Professional Qualification: Preferred Fellow Actuary or candidates close to achieving Fellowship from IFOA or IAI.
- Technical Expertise: Strong technical knowledge of actuarial pricing and regulatory requirements within the Indian life insurance sector.
- Software Proficiency: Required expertise in actuarial software (e.g., Prophet) and advanced Excel skills.
- Leadership: Demonstrated experience leading and mentoring small actuarial teams.
If you possess the technical mastery and leadership acumen to drive our individual pricing strategy, we invite your confidential application.
Responsibilities
- Lead the entire sales cycle
- Achieve monthly sales objectives
- Qualify the customer needs
- Negotiate and contract
- Master demos of our software
Must Have
- Bachelor Degree or Higher
- Passion for software products
- Perfect written English
- Highly creative and autonomous
- Valid work permit for Belgium
Nice to have
- Experience in writing online content
- Additional languages
- Google Adwords experience
- Strong analytical skills
What's great in the job?
- Great team of smart people, in a friendly and open culture
- No dumb managers, no stupid tools to use, no rigid working hours
- No waste of time in enterprise processes, real responsibilities and autonomy
- Expand your knowledge of various business industries
- Create content that will help our users on a daily basis
- Real responsibilities and challenges in a fast evolving company
Our Product
What We Offer
Each employee has a chance to see the impact of his work.
You can make a real contribution to the success of the company.
Several activities are often organized all over the year, such as weekly
sports sessions, team building events, monthly drink, and much more
Perks
A full-time position
Attractive salary package.
Trainings
12 days / year, including
6 of your choice.
Sport Activity
Play any sport with colleagues,
the bill is covered.
Eat & Drink
Fruit, coffee and
snacks provided.
