Pricing and Actuarial Risk Manager
3 days ago
We are seeking a professional to join our team as a Pricing and Actuarial Risk Manager. This role is responsible for ensuring that all actuarial pricing activities are carried out in accordance with internal and regulatory requirements.
This involves being involved in the end-to-end pricing process, including assumption setting, modelling, treaty agreement and regular monitoring of pricing adequacy.
- Risk Management Objectives:
- Perform actuarial research and competitor analysis to maintain an understanding of industry trends and assess feasibility of various possible pricing solutions.
- Provide support in reviewing and negotiating treaty terms of new products and ensuring treaties are signed timely and accurately.
- Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
The ideal candidate will have a Bachelor's Degree in Actuarial Science and knowledge on actuarial models, industry standards, regulations and policies, own job discipline, completed Preliminary actuarial exams in one of the actuarial associations recognised by BNM.
Skillsets & Competencies:
- Good communication skills: Written and verbal.
- Relevant computer skills: Macro, Visual Basic, Excel, Word, etc.
- Skill in product modeling and projection, Data Analysis.
- Actuarial Knowledge, Product Knowledge and Development, Microsoft Word, Excel & PowerPoint, Database, Actuarial Application.
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Takes initiative to improve current state of things and adaptable to embrace new changes.
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