Life Actuary - Assurance
Kotak Life
Role: Manager / Senior Manager Department: Credit Life Strategy
Reporting To: Business Head
Education: Graduate
Experience: 2 years +
We are seeking a highly analytical and commercially focused Group Pricing Actuary to join the Credit Life Strategy team. This role will be responsible for pricing group credit life insurance products, driving portfolio profitability, and supporting strategic initiatives across distribution channels.
The ideal candidate will combine strong actuarial expertise with business acumen to deliver data-driven pricing strategies that align with growth and risk objectives.
Lead end-to-end pricing of group credit life products (new business and renewals).
Conduct experience studies and monitor portfolio performance (claims, persistency, expense, profitability).
Perform sensitivity analysis and scenario testing to support decision-making.
Support development and execution of credit life pricing strategy.
Analyze distribution channel performance and recommend optimization actions.
Partner with underwriting, finance, risk, distribution, and product teams.
Support negotiations with banking partners and distribution channels.
Qualifications & Experience
~ Proficiency in actuarial modeling tools (e.g., Prophet, Excel, VBA, R, Python, SQL).
Commercial mindset with strategic thinking ability.
Ability to translate technical results into business insights.
Opportunity to shape pricing strategy in a high-impact business line.
Cross-functional exposure to strategy, distribution, and risk.
Competitive compensation and performance-based incentives.
Support for actuarial qualification
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