Justify and recommend appropriate pricing assumptions based on experience reviews, market comparison, industry benchmarks, demographic studies, and other available research information
Build / modify robust and automated pricing models in excel/Prophet consistent with pricing standards
Perform experience studies based on available company/ industry data, adjusting for product/company-specific considerations and trends
Working knowledge on relevant local regulations on product filing, pricing, products, forms, illustrations, and distribution channels
Actively participate and provide UAT support for cross-functional product initiatives
Provide actuarial support to distribution and customer requests such as special illustrations, compensation review, incentives assessment, group quotations, etc.
Prepare relevant actuarial sections of the Product Approval Report, including the necessary documentation of assumptions, profit testing and sensitivity analysis, and be able to address elementary questions from Group Office on product gates
Other special projects that may be assigned from time-to-time
EDUCATION & CERTIFICATION
Graduate of Mathematics, Statistics, Actuarial Science, or similar courses
At least 2-3 preliminary actuarial exams
Qualifications
At least two years actuarial experience, preferably in pricing
Has preferably worked in a multinational insurance company