Pricing Manager

  • 34041
  • Non-Life - Actuarial
  • |
  • Malaysia
  • |
  • Aug 14, 2018
Insurance
RESPONSIBILITIES
  • Under minimal supervision, support reserving, portfolio profitability management, reinsurance, or market-facing business units.
  • With appropriate review, coordinate, prepare and perform actuarial analyses including loss and premium projections, consultation on actuarial models, or capital modeling.
  • Support Finance, market-facing business units, Claims, Risk, Capital Management, and other functions on reserving and strategic business decisions.
  • Support evaluation of loss reserve calculations under various bases.
  • Ensure that the claims provisioning processes for assigned Business Unit/s are appropriately governed in accordance with Group, Regional, and Local regulatory policies.
  • Under minimal supervision, support the pricing of new/renewal business and development of effective premium/rating structures.
  • Under minimal supervision, manage profit margins on new and renewal business and assist in the monitoring of portfolio performance.
  • With appropriate review, coordinate, prepare and perform actuarial analyses including trend analyses, reinsurance analyses and analyses of loss and expense reserves, as it relates to pricing adequacy and strategic direction.
  • Provide consultation and technical expertise on actuarial models and risk issues, and support Market Facing and Product Underwriting on pricing decisions.
  • Prepare premium rate filings, trend studies, rate adequacy analyses, schedules of statistics/statistical analyses, and financial statements.
  • Drive the design, testing and maintenance of pricing models and tools.
QUALIFICATIONS
  • Bachelor’s degree in Computer Science, Economics, Engineering, Mathematics/Statistics, Other, Sciences.
  • 5 or more years of experience in related field