PURPOSE
To perform Life product pricing and be involved in product development through to product launches.
KEY ACCOUNTAIBILITIES
· Support Head of Pricing in product pricing tasks, including product feasibility assessment, building pricing model, propose assumptions, perform financial calculations, sensitivity testing, completing pricing report and regulatory filing.
· Collaborate closely with the team and cross-functional stakeholders to ensure new products are launched successfully complete with robust checks, integration of full workflow and compliance to relevant policies, regulations and guidelines.
· Develop strong culture of product innovation through collaboration with partners, customers, internal stakeholder and re-insurers.
· Pro-active in identifying product and pricing risks and propose solutions.
· Pro-active in acquiring the necessary technical actuarial knowledge to carry out routine pricing tasks, including (but not limited to) RBC2, EV, Prophet, IFRS17 etc.
Support in ad-hoc projects to deliver business requirements and KPIs.
QUALIFICATIONS / EXPERIENCE
· Degree-holder with 1 - 2 years of experiences in life insurance companies
· Fresh graduate can be considered
KNOWLEDGE, SKILLS & ABILITY
· Strong knowledge about life insurance industry
· Strong interpersonal and communication skills
· Excellent command of English
