Assistant Manager, Product Pricing

  • 38488
  • Life - Actuarial
  • |
  • Malaysia
  • |
  • Nov 3, 2020
Insurance
RESPONSIBILITIES
  • Participate in product setup, system enhancement and user acceptance testing for systems.
  • Review new product's feasibility and design.
  • Perform margin and pricing analysis in order to support business initiatives.
  • Prepare product approval documents and product filing materials, and ensure compliance with applicable laws, regulations and internal guidelines.
  • Set up reinsurance requirements.
  • Provide actuarial support on pricing, product development and business risk management.
  • Develop and maintain pricing system controls to ensure sales compliance within pricing guidelines.
  • Ensure pricing models are robust, easy to use and well documented.
  • Assist in shaping product features, conducting pricing and sensitivity testing for new and re-priced insurance products.
  • Assist in supporting Product Development team on illustration system setup, administration system implementation and preparation of contract provisions during product development cycle.
  • Involve in preparation and negotiation of re-takaful treaty with the re-takaful Company.
QUALIFICATIONS
  • Degree holder in Actuarial Science.
  • Good progress in actuarial professional exams.
  • 3-5 years of actuarial experience.
  • Strong interpersonal and communications skills.