Actuary Pricing Analyst

Joinimagine; Jakarta Pusat; On-site; IDR 111,600,000 - 223,200,000; Full time

Job summary

Allianz Indonesia is seeking a Pricing Actuary Analyst to support product pricing and development activities. The role collaborates with Market Management and Product Development to design competitive insurance products, conducts pricing analyses, and ensures regulatory compliance.

Fresh graduates to 4 years' experience are welcome. The position emphasizes strong analytics, communication with stakeholders, and potential leadership exposure as the team grows.

Qualifications

• Strong understanding of pricing principles in insurance.
• Analytical thinking and problem-solving for pricing scenarios.
• Clear communication and ability to present insights to stakeholders.
• Experience or exposure to cross-functional collaboration and product design.

Responsibilities

• Collaborate with Market Management and Product Development to finalize product designs.
• Perform pricing analysis and profit testing for new insurance products.
• Prepare, manage, and present pricing reports to internal stakeholders and regulators.
• Build relationships with internal stakeholders and external partners.
• Participate in cross-functional discussions on product design and implementation.
• Prepare policy contracts and actuarial documentation to support processes and filings.
• Support development and maintenance of sales illustration systems.
• Analyze product performance and identify product risks.

Skills

Pricing principles

Analytical thinking

Communication skills

Stakeholder management

Team collaboration

AI/ML basics

Education

Actuarial Science

Mathematics

Statistics

Data Science

Job description

Job Summary

We are seeking a motivated and detail-oriented Pricing Actuary Analyst to support product pricing and development activities. This role will work closely with cross-functional teams to design competitive insurance products, conduct pricing analyses, and ensure regulatory compliance.

Key Responsibilities

• Collaborate with Market Management and Product Development teams to finalize product design and specifications in line with client needs and market demand.
• Perform pricing analysis and profit testing for new insurance products.
• Prepare, manage, and present pricing reports to internal stakeholders, regional offices, and regulators to facilitate product review and approval.
• Build and maintain strong relationships with internal stakeholders including Market Management, Distribution teams, and external business partners.
• Participate in cross-functional discussions on product design, profit testing, and implementation.
• Prepare policy contracts and actuarial documentation to support internal processes and statutory filings.
• Support the development and maintenance of sales illustration systems.
• Analyze product performance and proactively identify and anticipate potential product risks.

Requirements

• Fresh graduate or candidate with up to 4 years of relevant experience in actuarial or insurance functions.
• Degree in Actuarial Science, Mathematics, Statistics, Data Science, or related field.
• Strong technical knowledge of insurance products and pricing principles.
• Good analytical and problem-solving skills, with the ability to assess and anticipate product risks.
• Effective communication and stakeholder management skills.
• Ability to work collaboratively across teams and manage multiple priorities.
• Basic people management or leadership potential is an advantage.
• Progress toward professional actuarial qualification (e.g., SOA, IFoA, or equivalent) is a plus.
• Basic understanding of Artificial Intelligence (AI) and Machine Learning (ML) concepts and their application in insurance pricing or risk assessment.

99240 | Actuarial | Professional | Non-Executive | Allianz Indonesia | Full-Time | Permanent