About the role
The opportunity is with a leading insurance firm and they are seeking a seasoned Life Pricing Actuary to lead a team.
Key Responsibilities
- Responsible for the pricing of Individual insurance products and ensuring that our pricing strategies are competitive, profitable, and compliant with internal and regulatory requirements.
- Manage the pricing for all individual insurance products, including new product development and product enhancements
- Conduct actuarial analysis and research to support pricing decisions, including data collection, analysis, and modeling
- Ensure that all pricing strategies comply with regulatory requirements and company policies
- Manage and develop a team of actuaries and analysts, providing mentorship and guidance as needed
- Oversee the development and maintenance of pricing models, tools, and systems
- Stay up-to-date with industry trends and regulatory changes related to pricing
Requirements
- At least 7 years of experience, including at least 2 years of experience in actuarial pricing
- Knowledge of regulatory requirements related to insurance pricing, such as MAS, LIA MOH regulations, and guidelines.
- Qualified Actuary (under Institute of Actuaries / Society of Actuaries / Institute of Actuaries of Australia)
- Strong analytical skills, with experience in actuarial modeling, data analysis, and statistical analysis
- Excellent communication skills, with the ability to explain complex actuarial concepts to non-technical stakeholders
- Strong leadership skills, with the ability to manage and develop a team of actuaries and analysts
- Strong project management skills, with the ability to manage multiple projects and priorities simultaneously
EA License 16S8145
EA Reg No: R23116952
