Ignite Service (Thailand) Co., Ltd.

Actuarial Analyst

Ignite Service (Thailand) Co., Ltd.
เงินเดือนสามารถต่อรองได้
ลงประกาศเมื่อ 15 Apr 2021

Actuarial Analyst

Ignite Service (Thailand) Co., Ltd.

ไฮไลท์เด่นของงาน

  • mathematical, actuarial,pricing and market trends
  • Perform end to end testing
  • pricing suggestions, data variables

รายละเอียดงาน

Responsibilities

• Develop insurance product costing model for each line of business.
• Improve pricing accuracy and minimize cross-subsidisation in order to achieve the target loss ratio.
• Ensure premium is sufficiently charged and remains competitive to enable a sustainable portfolio growth.
• Identify business opportunity and constantly enhance Underwriting rules.
• Optimize renewal pricing to improve the renewal experience.
• Keep abreast of latest pricing analysis methods/ knowledge and industry trends.

Job Duties

  • Apply the most appropriate statistical technique for loss cost modelling, conversion and retention.
  • Constantly refine all the statistical models by introducing more data variables, parameter smoothing model validation and so on to improve the pricing accuracy.
  • Assess data from a variety of sources to gain insights into pricing strategies and market trends.Collaborate with sales and marketing departments on developing and implementing competitive pricing strategies.
  • Analyse competitor pricing and market trends to increase market share and profitability.
  • Support ongoing development and maintenance of dynamic pricing tools and monitoring reports to effectively respond to changing market needs and trends.
  • Perform pricing reviews regularly to determine if there is a need of re-pricing by introducing new rating factors, rate changes and proposing remedial actions to ensure the sustainability and profitability of the product.  
  • Determine the potential impact of rate changes / pricing strategies on profitability.
  • Communicate pricing findings effectively to get approval from key stakeholders.
  • Work with internal IT department and/or external vendors on the enrichment of quotation system.
  • Perform end to end testing on rate implementation.
  • Tracking customer engagement to enhance the current rating algorithm and develop effective pricing strategies for products and offerings.
  • Address issues and concerns raised by team members relating to pricing suggestions.
  • Support pricing team for various pricing related projects.
   Requirements
  • Bachelor’s degree in a mathematical, actuarial or other numerate subject
  • Communicates confidently in English in a business environment
  • Strong IT skills, including MS Excel
  • Works logically and independently to break down and solve problems
  • Wants to learn new skills and will take on tasks that are outside of the job description


รายละเอียดเพิ่มเติม

ระดับตำแหน่งงาน
ระดับเจ้าหน้าที่
ระดับการศึกษา
ปริญญาตรี
อายุงาน
2 ปี
ประเภทการจ้างงาน
งานประจำ

ข้อมูลบริษัท

Roojai.com

Roojai.com is a licensed insurance broker, specializing in online car insurance. We bring new technologies to the car insurance market: from purchasing to claiming. We want to provide our customer with the best possible insurance experience. A simple promise leads all our actions: Always there when you need us!

Roojai.com launched at the start of 2016. We are looking for new colleagues to join our growing team. We want individuals with an entrepreneurial mindset, who are interested in working in a fun and fast-paced, mid-up environment.

For more information, see our website: https://www.roojai.com

The company has the ambition to become the benchmark provider for car insurance in Thailand, recognized for its innovative distribution model, better priced products, and market leading claims services.

Join the Roojai team :

  • An experienced start-up team involved in creating Online Insurance Businesses in Asia and Europe over the last 10 years
  • An international Team over 160 people from 20 different nationalities
  • A flat and open organization
  • A culture based on customer service and execution excellency.
  • Relaxing, Flexible, Family & Friendly environment 

ข้อมูลบริษัทเพิ่มเติม

ประเภทธุรกิจ
ธุรกิจประกันภัย
สวัสดิการและสิ่งจูงใจอื่น ๆ
สิทธิการเบิกค่าทันตกรรม, ทำงานสัปดาห์ละ 5 วัน, ประกันชีวิต, ประกันสุขภาพ, เงินโบนัสตามผลงาน