Senior Actuary: Product Pricing & Strategy Lead

Allianz; Jakarta Pusat; On-site; IDR 350,000,000 - 850,000,000; Full time

Job summary

Allianz Indonesia is seeking an experienced Actuary to lead pricing, product development, and risk management across life insurance products. The role collaborates with Market Management and Product Development to finalize designs and ensure regulatory compliance.

The ideal candidate brings 7+ years of actuarial experience, strong leadership, and extensive pricing expertise, with proficiency in Excel, R, Python, SQL, and Prophet. Join a global insurer committed to growth and innovation.

Qualifications

• Bachelor’s degree in Actuarial Science or related field.
• 7+ years of actuarial experience in insurance.
• Strong pricing, profit testing, and product development experience.
• Solid understanding of life insurance products and actuarial principles.
• Proven people management and leadership capabilities.
• Strong analytical and communication skills.

Responsibilities

• Partner with Market Management and Product Development teams to finalize product designs meet requirements.
• Lead pricing and profitability assessment of new insurance products through actuarial modeling.
• Prepare, manage, and present pricing reports to stakeholders, regional offices, and regulators.
• Build and maintain strong relationships with Market Management, Distribution teams, partners, and regulators.
• Participate in cross-functional discussions on product development, pricing strategies, and actuarial documentation.
• Support regulatory and statutory product filings, ensuring compliance with local regulations.
• Oversee development and maintenance of sales illustration systems and actuarial tools.
• Identify, assess, and mitigate product risks throughout development lifecycle.
• Drive continuous improvement in pricing methodologies and actuarial processes.
• Lead and develop actuarial team members to strengthen technical capability and impact.

Skills

Analytical skills

Stakeholder management

Leadership

Communication

Team collaboration

Education

Bachelor’s degree in Actuarial Science

Mathematics/Statistics background

Tools

Excel

R

Python

SQL

Prophet

Job description

Allianz Indonesia is seeking an experienced Actuary to lead pricing, product development, and risk management across life insurance products. The role collaborates with Market Management and Product Development to finalize designs and ensure regulatory compliance.

The ideal candidate brings 7+ years of actuarial experience, strong leadership, and extensive pricing expertise, with proficiency in Excel, R, Python, SQL, and Prophet. Join a global insurer committed to growth and innovation.