We're Hiring: Actuarial Pricing Leaders
We are looking for talented actuarial professionals to join our team and lead the way in pricing strategy and product development. If you have a strong background in life insurance and a passion for delivering customer-centric solutions, we want to hear from you!
1. AVP Head of Actuarial Pricing
Location: Hybrid BGC, Manila
Work Arrangement: Hybrid, with some onsite requirements
Role Overview:
The AVP Head of Pricing will lead the actuarial pricing function, ensuring that product pricing is competitive, compliant, and aligned with a customer-centric, digitally enabled strategy. You will develop pricing models, set assumptions, and work closely with cross-functional teams to launch innovative life insurance products.
Key Responsibilities:
- Develop and implement pricing strategies, frameworks, and enterprise-wide initiatives.
- Lead cross-functional teams, conduct workshops, market research, and interact with client executives up to C-Level.
- Oversee pricing processes, systems, reporting, and adoption of guidelines across the organization.
- Manage a team analyzing market trends, customer demand, and profitability to optimize product pricing.
- Support IFRS 17 estimations and projections for various product mixes.
Qualifications & Experience:
- Minimum 67 years of actuarial experience, specifically in life insurance pricing.
- Associate or Senior Associate of the Actuarial Society of the Philippines (ASP) or equivalent.
- Proficiency in Excel (including macros); Prophet experience is highly desirable.
- Proven ability to develop pricing models, set assumptions, and review regulatory submissions.
- Strong supervisory skills and experience conducting experience studies (expense, mortality, persistency, withdrawal).
2. Senior Actuarial Manager Pricing
Location: Hybrid BGC, Manila
Work Arrangement: Hybrid (10 days onsite per month)
Role Overview:
The Senior Actuarial Manager (Pricing) leads pricing activities, product prototyping, and distribution-related initiatives. You will ensure assigned products are analyzed, approved, and ready for launch while mentoring junior team members and collaborating with cross-functional teams and external consultants.
Key Responsibilities:
- Recommend and justify pricing assumptions using experience reviews, market comparisons, and industry benchmarks.
- Build and maintain pricing models in Excel/Prophet.
- Provide actuarial support for distribution requests, compensation reviews, and partnership quotations.
- Prepare actuarial sections of product approval reports, including profit testing and sensitivity analyses.
- Participate in UAT for product initiatives and lead special projects as assigned.
- Mentor and review work of junior actuarial team members.
Qualifications & Experience:
- Bachelor's degree in Mathematics, Statistics, Actuarial Science, or related field.
- Associate/Fellow of the Actuarial Society of the Philippines (AASP/FSA) or Society of Actuaries (ASA/FSA) preferred.
- Minimum 7 years of actuarial experience, preferably in pricing and product strategy.
- Life insurance experience required; health insurance experience (e.g., Manulife) is a plus.
- Knowledge of IFRS17 and local regulatory standards.
- Proficiency in Prophet and Excel-based profit modeling.
