Consultant Health Actuarial

Department Icon Audit & Control
129+ Applicants
Posted: 2 months ago
0-1 years
Bengaluru / Bangalore, Karnataka
work from office

Posted: 2 months ago
|
Applicants: 129+
Job Description
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Job Description

Position Description:
Actuarial consultant responsible for pricing and product development of health products.
Key Responsibilities:
  • Develop and enhance health insurance products tailored to market needs and customer preferences.
  • Conduct market research and competitive analysis to identify opportunities for new product features.
  • Lead actuarial pricing for assigned products, determining premium rates based on risk and financial projections.
  • Ensure compliance with insurance regulations and collaborate with regulatory teams for approvals.
  • Analyze product performance and recommend modifications or discontinuations.
  • Assess profitability through actuarial modeling and implement pricing adjustments.
  • Evaluate risk exposure and recommend mitigation strategies in collaboration with underwriting.
  • Support product launches with cross-functional teams including marketing and distribution.
  • Utilize actuarial tools for claims and expense projections; perform sensitivity analyses.
  • Monitor post-launch performance and adjust pricing based on KPIs.
  • Customize offerings for target customer segments in collaboration with marketing.
  • Share pricing methodologies and support team learning initiatives.
Key Competencies:
  • Actuarial Analysis
  • Retail Health Underwriting
  • Audit & Risk Management
  • Health Insurance Domain Knowledge
  • Strategic Decision-Making
Behavioral Traits:
  • Analytical thinking and problem-solving
  • Effective communication and collaboration
  • Adaptability and continuous learning
  • Attention to detail and accountability

Skills

AuditFinancial Projections

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About Company

Digit Insurance is a tech-driven, customer-centric general insurance company. We offer a wide range of insurance products including motor, health, travel, home, and more, leveraging technology to provide a seamless and efficient customer experience.

Important dates & deadlines?

Application Deadline

28 Jul 26, 01:43 PM IST

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Consultant Health Actuarial

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