Ageas Federal Life Insurance
Website:
ageasfederal.com
Job details:
Company Description Ageas Federal Life Insurance is committed to helping people turn their promises into achievable possibilities through protection, partnership, and purpose-driven solutions. The company focuses on enabling customers to secure their future and reach their financial goals with confidence. Rooted in the belief that progress starts with a promise, Ageas Federal Life Insurance aims to make “Har Wada Mumkin” by delivering reliable and customer-centric insurance offerings. Team members are encouraged to contribute to this mission by shaping innovative products and services that respond to evolving market needs.
Role Description The Vice President & Head Product Pricing is a full-time, on-site leadership role based in Mumbai. This position oversees pricing strategy for life insurance products, ensuring alignment with business objectives, regulatory requirements, and market competitiveness. Day-to-day responsibilities include leading the pricing team, reviewing and approving pricing models and assumptions, collaborating with product development, actuarial, finance, and distribution teams, and monitoring profitability and portfolio performance. The role involves analyzing market trends, customer behavior, and competitor offerings to refine pricing frameworks and recommend product enhancements. The individual will also establish governance standards, create clear pricing policies, and regularly report insights and recommendations to senior leadership to support sustainable growth.
Qualifications
- Strong expertise in life insurance product pricing, actuarial principles, and financial modeling.
- Proficiency in data analysis, forecasting, and portfolio performance monitoring.
- Experience in product development, market research, and competitive analysis within financial services or insurance.
- Demonstrated leadership skills with the ability to manage cross-functional teams and drive strategic initiatives.
- Deep understanding of regulatory and compliance requirements related to life insurance products in India.
- Excellent communication, stakeholder management, and presentation skills for engaging with senior leadership and external partners.
- Advanced degree in Actuarial Science, Finance, Statistics, Economics, or a related field; professional actuarial qualifications are an advantage.
- Proven track record in a senior pricing or actuarial role, preferably within a life insurance organization.
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