Product Pricing

AIA Financial; Jakarta Pusat; On-site; IDR 180,000,000 - 300,000,000; Full time

Job summary

AIA Indonesia is seeking a Senior Pricing professional to lead pricing activities, guide the pricing team, and ensure profitability and regulatory alignment. The role collaborates with product development and distribution to design competitive products while managing risk.

The candidate should have a strong actuarial background (FSA/FIA/FSAI preferred), at least 10 years in actuarial roles with 6 years in pricing, and excellence in MS Office and English communication.

Qualifications

• Bachelor degree in mathematics or actuarial area required.
• FSA, FIA or FSAI preferable.
• Proficient with MS Office.
• Good command of English.
• Strong analytical skills; team oriented; self-motivated.
• Good time management and ability to work under pressure.

Responsibilities

• Collaborate with Head of Pricing to guide pricing products and assess requests from distribution channel or product development team to ensure profitability targets.
• Develop pricing models, assumptions, and product approval templates; ensure profitability and risk alignment.
• Improve accuracy and efficiency of modeling and projection processes.
• Assess business impact and address implementation and monitoring issues.
• Ensure local product filings to OJK.
• Ensure compliance with Group Office and regulatory risk frameworks.

Skills

Analytical skills

Team player

Self-motivated

Time management

English proficiency

Education

Bachelor degree in mathematics or actuarial area

FSA/FIA/FSAI preferable

Tools

MS Office

Job description

Transform insights into action and impact. At AIA, your skills, perspective and ideas can help us protect customers, balance risk and opportunity, and contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on real-world challenges, collaborate with talented colleagues and bring together data, technical expertise and commercial understanding to strengthen customer solutions and support sustainable growth. Join us to shape better decisions, grow through new experiences and extend your impact across Asia.

About the Role

To support Head of Pricing in leading pricing team members to conduct and review pricing result and processes in timely manner, work closely with product team in recommending product design and to ensure Company’s risk and profitability are already incorporated and in compliance with company’s guideline.

Roles & Responsibilities

• Work closely with Head of pricing and team member in pricing products or assessing requests from distribution channel or product development team to ensure that the Company’s risk and profitability target are in place, in particular helping to drive distribution channel to enhance profitability on all segments.
• Ensure all deliverables are delivered in timely manner and accurately: Development of new products or changes to existing products, including but not limited to assumption setting, pricing model, profit testing, delivers good quality and accurate of product approval templates and other actuarial support on product development.
• Continuous effort to improve the accuracy and efficiency of all modeling, projection processes and techniques
• Assess the business impact of all tasks given and identify limitations, implementation and monitoring issues as they arise
• Responsible for local product filing to OJK
• Be aware of any potential issue and always comply with the rules and requirements, both Group Office and other legal/regulatory/risk management framework

Requirements

• Bachelor degree, preferable with major in mathematics or actuarial area
• Qualification as FSA, FIA or FSAI are preferable
• Good in MS Office
• Good command in English
• Good analytical skill, team worker and self motivated
• Good time management and skills and able to work under pressure
• Minimum 10 years of experience in Actuarial and 6 years in pricing area

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Better starts with people who reimagine what is possible and turn ideas into meaningful action. At AIA, you will contribute in your own way, help shape outcomes that matter and collaborate with colleagues across disciplines, teams, markets and levels.

We will support you to broaden your perspective, strengthen your capabilities and grow your impact. Together, we challenge assumptions, learn from one another and find better ways forward.

Bring your ambition, experience and ideas to AIA, and help shape what “better” looks like.

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Bring your difference to AIA