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About the Role
The position is responsible for providing the Product Actuary / Pricing Professional the required support for pricing, modelling, product development and management.
Strategic Responsibilities :
- Lead simple pricing projects and ensure the accuracy of models being used for pricing exercise. Lead negotiations for reinsurance arrangements
- Provide actuarial technical support / analysis for more complex product / reinsurance pricing exercises.
- Provide valuable proposals / counterproposals to channel heads regarding product design, positioning, financial viabilities;
- Preparation / Review of required documents for product / reinsurance filing and approval.
Operational Responsibilities :
Responsible for end-to-end timely completion of all product development and management requirements of Actuarial; review product development and management deliverables for reasonableness and accuracyResponsible for fulfilment of all audit and control requirements and communication of projects assigned.Responsible for communicating with head of Product / Pricing / Chief Actuary / Group Office, other internal stakeholders (PIC, operations, channel heads) and external stakeholders (Regulators Reinsurers, Auditors) pricing results and product development matters with respect to products / projects being led.Review and approve ad hoc task results; handle simple demands from different channels.People Management Responsibilities :
Manage the overall performance of the team to deliver and meet the KPIs agreed.Coach and provide guidance to Actuarial Pricing Team