Actuary - Product Pricing (Life Insurance)
Skillsolved Co., Ltd.
Actuary - Product Pricing ( Life Insurance )
Location: closed to MRT
Budget : 110K
SkillSolved , We are a group of passionate headhunters who believe in delivering results for our clients, while providing service excellence at the same time. SkillSolved aspires to become the first Thai-brand recruitment firm that comes to mind when hiring.”
Our client’s company is leading Life Insurance Business, due to expansion and cope with change, they are looking for
- Support the individual life pricing and product development work in the actuarial pricing team.
KEY RESPONSIBILITY AREA
- Support the development of new individual life products.
- Interact with Marketing to understand the proposed product design.
- Perform pricing on Prophet.
- Review and/or reprice existing individual life YRT products
- Pricing – set premium rates, calculate profitability and perform stress tests.
- Prepare Product Pricing reports as part of the product approvals process.
- Assist with product filings to the OIC and the creation of sales illustrations.
- Interact with Local and Regional Risk on the proposed product features.
- Work with reinsurers on the technical pricing when KAL does not have suitable experience.
- Provide IT with the product features, premium rates and cash values.
- Perform UAT testing on the IT changes.
- Provide support for ad hoc queries.
- Perform regular experience analyses on individual life products, including health products.
- Provide a deeper understanding of the experience on different products and analyze the trends.
- Standardise and improve the data collection and data analysis.
- Review new reinsurance treaties to ensure the terms and conditions are fair and match with the product features.
- Add addendums to existing treaties when product changes are implemented.
- B.Sc or M.Sc in actuarial studies / Statistics / Mathematics / Sciences
- At least 4 years life insurance working experience preferably in either valuation or pricing
- Strong Excel skills, in particular in VBA
- Effective verbal and written communication skills in English
To submit your application, please click [ apply now ] is the best way to apply or please send your full resume in Word format and Current compensation
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Skillsolved Co., Ltd.
We call ourselves “CLOSERS.” We are a group of passionate headhunters who believe in delivering results for our clients, while providing service excellence. SkillSolved aspires to become the first Thai-brand recruitment company that comes to mind when hiring.
Our consultants focus exclusively on mid-senior level permanent positions in various industries & functions:
• Banking & Financial Services
• Life Science
• FMCG & Consumers
• Retail & E-Commerce
• Telecom, Media, & Technology
• Sales & Marketing
• Accounting & Finance
• Supply Chain & Procurement
• Information Technology
• Human Resources