Assistant Manager – P&C Product Pricing

Job Description

Responsibilities:

• Propose and develop rating structures and pricing for retail P&C insurance products using techniques like Generalized Linear Models (GLM).
• Collaborate in the development and enhancement of new products alongside stakeholders from product, underwriting, and actuarial teams.
• Build and maintain pricing models using Excel, EMBLEM, and other relevant platforms.
• Ensure pricing models are technically sound and well-documented, with appropriate assumptions and validations.
• Conduct profit testing and sensitivity analysis, summarizing insights for decision-makers.
• Prepare documentation including pricing reports, F&U notes, and IRDA filing support.
• Review and finalize assumptions for pricing models and obtain necessary internal sign-offs.
• Drive technical pricing dashboards and support data analytics initiatives.
• Maintain high standards of model accuracy, auditability, and compliance.
• Take ownership of pricing outputs before further review and regulatory submission.

Skills Required

• Strong analytical and problem-solving ability
• Detail-oriented with a focus on accuracy and compliance
• Innovative mindset with a flair for improving technical pricing frameworks
• Strong verbal and written communication skills
• Ability to work independently and manage multiple priorities
• Technical expertise in insurance pricing and data analytics

Requirements

• Experience Level: Senior
• Experience Required: 4 - 6 years
• Employment Type: Full-Time
• Qualification: Graduation
• Skills: complainces, Analytical & Reasoning skills ● Strategic Management and Communication skills ● MS Excel, General Insurance