Actuarial Product Pricing
2 weeks ago
**Job Scope**:
- Perform pricing and profit test of products using established models.
- Ensure compliance with internal product and pricing policies, processes, profit margins and external regulatory guidelines to obtain approval / filing for product launches.
- Work with internal functions to integrate new Individual Life / Accident & Health product features into their day-to-day operational activities.
- Assist in handling routine and standard queries from stakeholders.
- Assist in the actuarial related pricing parameters set up for new products.
- Assist in setting up benefit illustrations programs for system validation.
- Play a supporting role in actuarial and pricing related projects and company-wide initiatives.
- Analyse and interpret data to uncover trends and establish findings towards adding value to business through making better informed decisions.
- Support pricing initiatives across all distribution channels through data analytics.
**Requirement**:
- Good communication skills: Written and verbal
- Academic: Bachelor's Degree in Actuarial Science
- Passed or have exemptions in Preliminary actuarial exams in one of the actuarial associations recognised by BNM will be advantage
- Prophet: Skill in product modeling and projection
**Job Types**: Full-time, Contract
**Salary**: RM2,800.00 - RM3,000.00 per month
Schedule:
- Day shift
Supplemental pay types:
- Overtime pay
**Education**:
- Bachelor's (required)
Ability to Commute:
- Ampang (required)
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