Position:      Assistant Manager, Product Pricing

Company:     Insurance
    
Location:      Malaysia

Job ID:	        38488

Responsibilities:

- Participate in product setup, system enhancement and user acceptance testing for systems.
- Review new product's feasibility and design.
- Perform margin and pricing analysis in order to support business initiatives.
- Prepare product approval documents and product filing materials, and ensure compliance with applicable laws, regulations and internal guidelines.
- Set up reinsurance requirements.
- Provide actuarial support on pricing, product development and business risk management.
- Develop and maintain pricing system controls to ensure sales compliance within pricing guidelines.
- Ensure pricing models are robust, easy to use and well documented.
- Assist in shaping product features, conducting pricing and sensitivity testing for new and re-priced insurance products.
- Assist in supporting Product Development team on illustration system setup, administration system implementation and preparation of contract provisions during product development cycle.
- Involve in preparation and negotiation of re-takaful treaty with the re-takaful Company.

Qualifications:

- Degree holder in Actuarial Science.
- Good progress in actuarial professional exams.
- 3-5 years of actuarial experience.
- Strong interpersonal and communications skills.