Marketing Actuary, Life & Health India

SCOR

MumbaiFull-timeMid LevelOn-site

Job Description

As a Marketing Actuary, Life & Health India, you will be contributing to SCOR L&H India team with a focus on client, product development & project management to ensure that the whole India L&H team meets our strategic target to be:

  • An efficient, customer-focused, innovative and highly technical life & health reinsurer to enhance SCOR’s ability to write profitable new business and effectively manage in-force business in India.

  • Key duties and responsibilities:

    1. Client Management 

  • Ensure deep understanding of responsible clients from all perspectives including Structure, distribution, personnel, strategic targets, pricing assumptions…etc.
  • Manage the whole quotation process incl. deal assessment, quotation, client communication, internal approval communication, treaty drafting/negotiation/documentation in an efficient manner
  • Ensure new business generated is consistent within SCOR L&H’s risk appetite
  • Support external strategic projects with clients to enhance SCOR L&H India’s value propositions to clients
  • Support to organize market seminar to improve client relationship and increase SCOR’s technical branding
  • Closely follow up with market & product trends and regulation changes 
  • Support internal transversal research and projects
  • Continuously look for solutions to create values for clients and increase SCOR’s technical and innovative branding to bring profitable new business
  • Actively looking for solutions to better manage in-force business and maximize SCOR’s financial benefits
  • Ensure business and financial targets are delivered 
  • 2. Operation Management

  • Relationship management with junior to middle level of direct insurers and other business partners
  • Support regulatory, L&H insurance & actuarial organizations’ related affairs and requests
  • Support communications (internal & external) in other areas when necessary 
  • Other Ad-hoc assignments and projects

  • Experiences:

  • At least 4 years of relevant working experience in Life & Health insurance, reinsurance or consulting fields in India
  • Strong pricing and product development experiences, additional valuation and corporate reporting experiences preferred 
  • Solid knowledge of the Indian insurance & reinsurance markets
  • Excellent client contacts in India
  • Required Education:

  • Associate or above level in any well recognized actuarial society
  • Master or above in Actuarial Science is preferred
  • Personal Competences:

  • Self-motivated and eager to learn
  • Passion for success and results driven
  • Stable and long-term commitment 
  • Good communication and interpersonal skills
  • Good ability to make presentations
  • Posted 1 months ago

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