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Senior Manager, PricingAIA • AIA Philippines, Makati, PH
Senior Manager, Pricing

Senior Manager, Pricing

AIA • AIA Philippines, Makati, PH
30+ days ago
Job description

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

If that interests you, read on.

About the Role

Provide the Product Actuary/Pricing Professional the required support for pricing, modelling, product development and management

Strategic Responsibilities

  • Lead financial portion of product development and management projects: Provide valuable proposals/counterproposals to channel heads and product management leads regarding product design, positioning, financial viabilities and ensure the accuracy of models being used for pricing exercise.
  • Review of required documents for product/reinsurance filing and approval
  • May lead negotiations for simple reinsurance arrangements.
  • 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 and management matters with respect to products/projects being led.

Operational Responsibilities:

  • Responsible for end-to-end timely completion of all assigned product development and management requirements of Actuarial; review product development and management deliverables for reasonableness and accuracy
  • Responsible for fulfilment of all audit and control requirements and communication of projects assigned.
  • Review and approve ad hoc task results; lead pricing strategic initiatives.
  • 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

Minimum Job Requirements:

  • College graduate with at least bachelor’s degree related in Math/Statistics
  • Minimum of 7 years progressive experience in actuarial field; experience in project management and exposure to people management
  • Minimum qualification is an Associate of Society of Actuaries or equivalent; near Fellow.
  • Expertise in applied actuarial knowledge and ample understanding of insurance operations/environment.
  • Can effectively communicate actuarial results to actuarial heads and other non-actuarial stakeholders.

Ability to negotiate and influence (to some level)

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Senior Manager, Pricing • AIA Philippines, Makati, PH

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