Job description RolePricing General : Knowledge of mathematics, probability, statistics and Commercial Insurance business. Knowledge of Insurance process(es) and pricing methodologies (conventional and Innovative approaches) Mandatory : Work experience in Pricing for commercial insurance risks (eg. property LOB)Work experience on pricing modelling using Exposure and Experience rating methodologies. Should have in-depth knowledge in pricing methodologies using EMBLEM and RADAR tools. Should have built pricing tools/raters on Excel. Should have knowledge on 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 would be preferable Work experience on GLM modelling - Frequency and Severity Work experience on Impact Analysis using Radar tool would be an added advantage. 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-8General Insurance Pricing Modelling (Frequency & Severity modelling) using- Emblem/R/SAS/Python Role: Pricing Manager Industry Type: Industrial Equipment / Machinery Department: BFSI, Investments & Trading Employment Type: Full Time, Permanent Role Category: General Insurance Education UG: Any Graduate PG: Any Postgraduate Key Skills Skills highlighted with ‘‘ are preferred keyskills sqlpythonrvbapricing antennatdsactuarialgstaccountingadvanced exceljiramatlabstdata analysiscsassoftware testingvatbusiness analysislife insuranceimpact analysisradarembedded ctaxationstatistics
Job Summary
Company
FMC
Location
Bengaluru
Experience
5-10 Yrs
Verification
Government Verified Recruiter
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