Life Pricing Manager / Senior Manager from a life insurer (Thailand)
Responsibilities
- Ensure accuracy of appropriateness of assumptions used for pricing of products like endowment, participating plans, annuity, etc. and provide quality analysis for decision-making.
- Ensure accuracy of pricing model used for pricing of new products.
- Ensure financial metrics for product approval request is compliant with pricing approval guideline and approval authorities.
- Review policy contract wordings and premium certificates and ensure their alignment with product design, internal approval, OIC regulations, and corporate policy.
- Ensure alignment on key changes in contract wordings and premium certificates with other stakeholders for their peer review and risk assessments.
- Handle product submissions to OIC on product features, technical pricing and ensure smooth product approval with OIC.
- Review UAT on sales materials and on product implementation that relates to pricing and ensure alignment with product design and approval.
- Liaise with reinsurers for new products reinsurance arrangement.
- Coordinate with stakeholders such as IT, Operations, Distribution, etc. in product implementation.
- Provide coaching to subordinates.
- Others as assigned: Any other matters
Qualifications
- A Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or a related field.
- At least 5 years of working experience in Life Insurance Actuarial field include pricing experience.
- ASA or equivalent actuarial qualification is preferred, but not a must.
- Strong technical, analytical, problem-solving skills, and coordinating skills.