
Pricing Specialist
24 hours ago
This position plays a pivotal role in supporting the underwriting team, driving key business objectives through strategic pricing and risk assessment.
- Pricing and Risk Assessment (60%): Determine insurance product pricing that aligns with our underwriting standards, minimizing excess risks while maximizing profits and retention. Regular review and monitoring ensure portfolio profitability remains aligned with best estimate assumptions.
- Product Development and Experience Analysis (15%): Develop new insurance products and enhancements to existing ones, refining pricing assumptions and tools, and conducting regular experience analysis to inform data-driven decisions.
- Reinsurance Management and Administration (15%): Ensure timely and accurate submission of reports for reinsurance and pool administration, collaborating in reviewing, negotiating, and analyzing reinsurance treaties to optimize outcomes.
- Others (10%): Assist in other responsibilities and duties assigned to meet overall business goals and objectives.
Key Requirements:
- Bachelor's degree in Actuarial Studies / Mathematics & Statistics
- At least 2 to 7 years of actuarial experience in Group Insurance / Employee Benefits / Health Insurance with a direct insurer or reinsurer
- Professional actuarial qualification from a recognized international actuarial body with good progress towards qualification
- Proficient with Microsoft Office (Word, Excel, PowerPoint, Access)
- Proficient with SQL and at least one programming language
- Experience with Business Intelligence tools, e.g., Tableau, Quickview, Power BI, etc.
- Meticulous and detail-oriented
- Strong analytical and problem-solving skills
- Able to work both independently and within a team
- Able to effectively manage multiple projects and priorities within tight timelines
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