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Pricing Actuary (Fsai) Jobs

Company

Michael Page

Address Area DKI Jakarta, Indonesia
Employment type FULL_TIME
Salary
Category Perbankan,Jasa Keuangan,Akuntansi
Expires 2023-08-14
Posted at 9 months ago
Job Description
  • Attractive Salary Package|Great career prospects
About Our Client
Our client is a Multinational and the leading life insurance provider in Indonesia.

  • Interpret and attain expertise of new pricing metrics.
  • Develop PARP (Product Approval and Review Process) for existing and new products.
  • Identify how pricing metrics impact pertinent decisions.
  • Identify product pricing assumptions as well as underwriting needs for new and current business.
  • Develop and analyze pricing procedures for existing and new business.
  • Head responsibility for overall pricing process inclusive but not restricted to pricing workflow, accuracy, documentation and reporting etc.
  • Review VNB experience and identify latest trends gets reflected in pricing.
  • Perform with financial area to interpret short plus long term GAAP earnings pricing decisions' implications.
  • Evaluate profitability plus risk of existing and new products and it's features.
  • Collaborate with varied functional units to ensure all pricing models are latest.
  • Recommend initiatives to enhance profitability on new as well as existing business.
  • Ensure to capture recent pricing methodologies as discussed within company or actuarial groups or community.
  • Support to develop Value of New Business (VNB) assumptions and Medium Term Plan.
The Successful Applicant
  • Experienced in actuarial pricing functions in Life Insurance business for minimum 5 years
  • Excellent English verbal and written communication skills
  • Certified by Actuarial Organisation (FSAI)
  • Self starter with agile personality
  • Familiar with IFRS17 will be a plus
  • Bachelor Degree in Actuarial, Mathematics, Statistics, Finance or related discipline
  • Proficient in Actuarial Valuation Software (AXIS)
What's on Offer
  • Market leader in the business
  • Competitive Salary and Benefits
  • Dynamic working environment
Contact: Selvitri
Quote job ref: JN-072023-6118470