Spclst, Prdct Prcng

Description

**Primary Objective**:

- To achieve Company's financial targets and corporate objectives through innovative product pricing and business insights from portfolio analysis and experience study
- Provide insightful analytics to business and functional groups to deliver sustainable business outcomes
- Perform portfolio analysis and monitoring, improve profitability and identify new market opportunities

Develop and maintain Pricing Policy, Guidelines & SOP to be adopted by the Company

**Key Responsibilities**:

- To develop technical & Actuarial pricing (e.g. GLM modelling by using Emblem)
- To perform portfolio analysis and provide regular dashboards to respective committees, task forces and business units to ensure the sustainability in profitability and price competitiveness in the market.
- To prepare regular dashboards and support the distribution heads for intermediaries monitoring and business planning
- To establish, develop and maintain of the Pricing Strategy, Policy, Guidelines & SOP to be adopted by the Company
- Provide regular and ad-hoc reports and surveys as requested by regulators (e.g. BNM)
- Monitor claim & assess the loss ratio (i.e. underprice /underwriting rules to lose/incorrect claim verification ), study on the rate of charges or premiums by products
- Determine the insurance premium rate charged by company
- Provide product pricing data as and when required by underwriters (industry database) and Pricing Note Documentation for technical Actuarial Pricing
- Provide portfolio analysis to respective departments
- Support Tribe/ Squad Leads in Quests / User stories assign
- Support identification and interpretation of data/ reports/ research results
- Document and refine product specifications (documentation of deliverables of squad)
- Analyse data and solves data-related issues
- Provide chapter knowledge/expertise to squads/biz as and when required
- Coach and provide guidance to chapter members as and when required

From Baseline & Manuals

**Requirements**:
**Requirements**:
Bachelor Degree - Relevant professional qualification and/or degree in Actuarial Science, Mathematics, Statistics or other related quantitative studies.

At least 5 years in product pricing and lead a team
- Strong analytical and statistical skills
- Good knowledge to the industry and regulatory guidelines and practices in General Insurance
- Good in Microsoft Excel. Knowledge in SAS, Emblem and SQL will be added advantages

**Benefits**:
Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards