Total 2 community manager job vacancies in D02 Anson, Tanjong Pagar

Job Responsibility:

• Develop product and strategize product offering to enable CTPIS to compete effectively and efficiently in the market.
• Maintenance product information and ensure compliance with regulatory framework
• Produce weekly/monthly market update reports and sales tracking
• Work closely with key stakeholders to develop strategies.
• Prepare product related documents and ensure all materials and information are ready for launch.
• Develop and maintain a competitor product analysis and reference warehouse
• Any other tasks assigned by the company.

Requirements:

• At least 8 years in the product development and life insurance industry
• Good knowledge of life, universal life or investment-linked products
• Good analytical skills
• Good Project Management skills and People skills.
• Good understanding of the compliance requirement and changes in regulation that may affect the life insurance industry
• Proactive, responsible, organized, highly driven with great initiative individuals and able to work independently.
• Creative with good business acumen.

Job Description:

• New Product pricing
  - Work closely with Product team to provide actuarial support in product development process. This includes:
  o Provide advice on product design, develop and maintain pricing model, ensure accuracy and robustness in technical pricing
  o Propose pricing assumptions and methodology
  o Use relevant pricing model to derive premium rates and access profitability, as well as highlight key risks associated with the product.
  - Ensure that the proposed premium rates are adequate and provide sufficient resilience against risks.
  - Ensure that the assumptions used in pricing are consistent with internal guidelines / experience and pricing methodology is compliance with both regulatory and internal requirements.
  - Comply with internal and regulatory filing requirements in relation to pricing
• Product Implementation
  - Liaise and coordinate with Product, Operation and IT teams to provide actuarial support to new product implementation, which includes operational set-up, system testing and policy documents review.
  - Provide actuarial support in preparing policy illustration of life insurance products and ensuring that they are compliant with industry / regulatory requirements.
• Reinsurance
  - Point of contact with reinsurers; negotiate risk rates with reinsurers
  - Coordinate and participate in reinsurance contracts review
  - Involve in other reinsurance matters such as retention limit review
• Product management
  - Conduct regular profitability review of current selling life insurance products
  - Conduct regular evaluation of distribution remuneration structure, which includes assessing its market relevance and financial sustainability.
  - Provide actuarial support to review / evaluate any relevant corporate initiatives / incentive / campaign.
• Other product related project
  - Handle special quotations and other policy servicing queries.
  - distribution compensation and analysis

Requirements:

• Good progress in Actuarial exams of a recognized actuarial body.
• Minimum 5 years of actuarial experience
• Strong actuarial technical knowledge, analytical and problem-solving skills, with the ability to work independently. • Engaging and open-minded working attitude with emphasis on being a good team player.
• Meticulous for detail in risk assessment and profitability analysis
• Excellent communication and interpersonal skill
• Proficient in Microsoft Office (Excel, Words, Power Point)
• Proficient in actuarial computing is a plus (VBA, Prophet)