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Actuarial Pricing Specialist
2 months ago
We are seeking a highly skilled Actuarial Pricing Specialist to join our Group Finance - Pricing team. As part of this team, you will be responsible for pricing and profitability of products to achieve the Company's business strategy.
Key responsibilities include:
- Pricing participating, non-participating and investment-linked products to ensure profitability aligns with Company's business strategy.
- Supporting the implementation of overall product and pricing strategy for life insurance products.
- Developing pricing methodologies in line with actuarial principles and regulatory requirements.
- Designing and developing pricing models that meet internal and regulatory requirements.
- Ensuring compliance with internal product and pricing policies, processes, profit margins and external regulatory guidelines.
- Collaborating with internal functions to integrate new individual life product features into their day-to-day operational activities.
- Discussing with reinsurers and developing suitable reinsurance structures for products requiring reinsurance.
- Leading actuarial pricing related projects and company-wide initiatives.
- Taking accountability for considering business and regulatory compliance risks and mitigating them.
- Maintaining awareness of industry trends on regulatory compliance, emerging threats and technologies to understand risks and safeguard the company.
- Highlighting potential concerns and risks, and sharing best risk management practices.
We are looking for candidates with:
- Good progress in examination from an internationally recognized actuarial professional body.
- At least 5 years of working experience in the Actuarial field.
- Detail-oriented, efficient, self-motivated and able to work under pressure.
- Good interpersonal, writing and verbal communication skills.
- Good technical and analytical skills.
- High level of integrity, accountability for work and good attitude towards teamwork.
- Initiative to improve current state of things and adaptability to new changes.
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.
We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.
We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.
Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.
To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
