Pricing Actuary Analyst: Shape Innovative Insurance Products

Joinimagine; Jakarta Pusat; On-site; IDR 250,000,000 - 360,000,000; 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.

The candidate will prepare pricing reports, manage documentation, and support sales illustration systems while building relationships with stakeholders and regulators.

Qualifications

• Fresh graduate or up to 4 years actuarial or insurance experience.
• 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 ability to assess 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 (SOA/IFoA or equivalent) is a plus.
• Basic understanding of AI/ML concepts and their application in pricing or risk.

Responsibilities

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

Skills

Analytical skills

Stakeholder management

Team collaboration

Problem solving

Communication

Education

Actuarial Science degree

Job description

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.

The candidate will prepare pricing reports, manage documentation, and support sales illustration systems while building relationships with stakeholders and regulators.