Job Objectives:
To support the Pricing Team in developing pricing models and performing other analyses required for organization’s strategic decisions across products within Personal Lines.
Job Responsibilities:
Individual Responsibilities:
Strategic
- Support on pricing strategy initiatives by providing recommendations for discussion
- Drive innovation and propose ideas for profitable growth
Business Operations
- Build and enhance pricing models and perform analysis
- Provide input to facilitate product / rate filing submissions to regulator
- Prepare the necessary rate requirement files for rating engine
- Support in UAT and subsequent post-deployment checks for products or rate revisions
- Timely internal BAU reporting and monitoring of Model Loss Ratio
- Timely regulatory submission
- Effective communication to non-technical audience
Compliance
- Ensure consistency with relevant internal policies and guidelines
- Ensure compliance with regulations and laws
Academic Qualifications
- Bachelor’s degree in Actuarial Science, Statistics, Mathematics, Data Science, Economics, Finance, or a related field.
- Professional actuarial qualifications or progress toward qualifications may be an advantage.
- Relevant insurance, risk management, or analytics certifications are beneficial.
- Fresh graduates with strong academic results, internship experience, or relevant technical skills may also be considered.