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About the Role
Provide the Product Actuary/Pricing Professional the required support for pricing, modeling, product development
Roles and Responsibilities:
- Lead simple pricing projects and ensure the accuracy of models being used for pricing exercise. Lead negotiations for reinsurance arrangements
- Provide actuarial technical support/analysis for more complex product/reinsurance pricing exercises
- Provide valuable proposals/counterproposals to channel heads and product management leads regarding product design, positioning, financial viabilities
- Preparation/Review of required documents for product/reinsurance filing and approval
- Responsible for end-to-end timely completion of all product development and management requirements of Actuarial review product development and management deliverables for reasonableness and accuracy
- Responsible for fulfilment of all audit and control requirements and communication of projects assigned
- Responsible for communicating with head of Product/Pricing/Chief Actuary/Group Office, other internal stakeholders (PIC, operations, channel heads) and external stakeholders (Regulators Reinsurers, Auditors) pricing results and product development matters with respect to products/projects being lead
- Review and approve adhoc task results handle simple demands from different channels
Minimum Job Requirements:
- College graduate with at least Bachelor's degree related in math/statistics
- 5 years progressive experience in actuarial field, with at least 1 year project management experience
- Minimum qualification is an Associate of Society of Actuaries
- Expertise in applied actuarial knowledge and ample understanding of insurance operations/environment Expertise in actuarial software
- Effectively communicate actuarial results to actuarial heads and other non-actuarial stakeholders
