Senior Manager, Pricing

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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)