The Actuarial Distribution Compensation Manager will support the Pricing Lead in the following:
- Drive the compensation design that is vital to grow Income distribution footprint and new business sales, while ensuring internal financial metrics are met
- Collaboration directly with colleagues and counterparts within and outside actuarial departments, such as Channel Heads, General Manager of Consumer Distribution and Chief Actuary, and provide recommendation to management.
- Create best practices and design effective controls and monitoring framework as part of deliveries to protect against company against regulatory, financial and reputation risk
- Adopt the design-thinking and agile framework as part of pricing team deliveries
- Hands on people management experience; coach and provide technical guidance to junior members of the team
Requirements:
- Bachelor Degree in Actuarial Science
- At least 8-10 years of work experience in actuarial function
- Post qualification experience and/or experience in developing distribution compensation scheme in Insurance industry will be a plus.
- Strong project management, communication and actuarial technical skills
- Confident to challenge status quo and take risk to drive towards maximising results
- Adaptable and open to dynamic working environment and willing to explore new ways of working
- Experience in people management or project-type experience.