Deputy Manager - RNA

Pricing General Requirements:

• Knowledge of mathematics, probability, statistics, and Commercial Insurance business
• Knowledge of Insurance process(es) and pricing methodologies (conventional and innovative approaches)

Mandatory Requirements:

• Work experience in Pricing for commercial insurance risks (e.g., property LOB)
• Work experience on pricing modelling using Exposure and Experience rating methodologies
• In-depth knowledge in pricing methodologies using EMBLEM and RADAR tools
• Experience building pricing tools/raters on Excel
• Knowledge of Frequency, Severity modelling and Loss cost modelling

Additional Good-to-Have Requirements:

• Knowledge of actuarial tools (EMBLEM/RADAR), data mining tools like SQL/R/Python, automation using VBA macros
• Knowledge of ST-8 General Insurance Pricing Actuarial science
• Work experience on GLM modelling - Frequency and Severity
• Work experience on Impact Analysis using Radar tool

Screening Parameters:

• Work experience in General Insurance Pricing
• Knowledge on Pricing - Exposure & Experience rating techniques (familiar with key concepts like LDF, ILF, loss curves)
• Cleared or appeared for Actuarial Science exam - ST-8: General Insurance Pricing
• Modelling (Frequency & Severity modelling) using - Emblem/R/SAS/Python

Qualifications:

• Proficient in predictive analytics methodology and its use in the insurance industry
• Experienced in use of R, Python, and other open-source languages
• Familiarity with Willis Towers Watson modeling software preferred