At Income Insurance, we strive to generate exponential value and foster a dynamic learning environment. As a member of the Actuarial Pricing Team, you will collaborate closely with stakeholders across the organization to develop business-driven, customer-centric, and innovative insurance solutions.
Key Responsibilities:
- Collaborate with Channel Heads and the GM of Consumer Distribution to design a compelling, risk-balanced compensation scheme that supports the growth of Income Insurance’s Distribution and New Business Sales, while meeting internal financial goals.
- Work alongside the Head of Pricing, Chief Actuary, Chief Customer Officer, and other key stakeholders to drive product and pricing strategies for the life insurance business.
- Establish best practices and design robust controls and monitoring frameworks to safeguard Income from regulatory, financial, and reputational risks.
- Review and recommend enhancements to actuarial models related to pricing and distribution compensation structures.
- Implement design-thinking and agile methodologies to deliver pricing projects successfully.
Requirements:
- Progress towards, or recent qualification with, a recognized actuarial body (US, UK, or Australia), with 8-10 years of experience in actuarial functions.
- Experience in developing distribution compensation schemes in the insurance industry is advantageous.
Strong project management, communication, and technical actuarial skills. - Ability to challenge the status quo and take calculated risks to optimize outcomes.
- Adaptability to a dynamic working environment and openness to exploring new work methods.
- Experience managing stakeholders and handling project-based work.
This role is a 2-year contract, operating on a 3-day workweek model.
