Senior Health Pricing

PT Lippo General Insurance Tbk; Tangerang; On-site; IDR 240,000,000 - 420,000,000; Full time

Job summary

PT Lippo General Insurance Tbk is seeking an experienced actuarial professional to lead analysis, pricing, and risk assessments for health insurance products in Indonesia. You will review pricing assumptions, underwriting guidelines, and monitor claims experience to advise on rate adjustments and product profitability, collaborating with underwriting, product development, and claims teams.

A bachelor's degree in actuarial science and 3+ years of relevant experience are required, with ASAI/FSAI

Qualifications

• Bachelor's degree in Actuarial Science or a related field.
• Minimum 3 years of experience in actuarial, pricing, or health insurance underwriting.
• ASAI or FSAI certification is required.
• Strong analytical and problem-solving skills with good attention to detail.
• Good command of English, both written and verbal.
• Strong communication and stakeholder management skills, with the ability to communicate actuarial insights and recommendations effectively to management and cross-functional teams.
• Proficient in Microsoft Office, particularly Excel.

Responsibilities

• Lead and perform actuarial analysis, premium calculations, and risk assessments for health insurance products
• Review and evaluate pricing assumptions, underwriting guidelines, and risk factors to support sound business decisions
• Analyze claims experience, portfolio performance, and loss ratios to evaluate product profitability and recommend appropriate rate adjustments
• Develop, review, and maintain actuarial models, pricing methodologies, and assumptions for new and existing products
• Provide actuarial recommendations for product development, pricing strategies, and underwriting policies in line with business objectives and applicable regulations
• Review and ensure the accuracy and appropriateness of premium calculations, actuarial assumptions, and product provisions
• Collaborate with Underwriting, Product Development, Claims, and other relevant departments on actuarial matters and provide guidance on complex cases

Skills

Actuarial analysis

Pricing

Underwriting

Analytical thinking

Stakeholder communication

Excel

Education

Bachelor's degree in Actuarial Science or a related field

Tools

Excel

Microsoft Office

Job description

Lead and perform actuarial analysis, premium calculations, and risk assessments for health insurance products

Review and evaluate pricing assumptions, underwriting guidelines, and risk factors to support sound business decisions

Analyze claims experience, portfolio performance, and loss ratios to evaluate product profitability and recommend appropriate rate adjustments

Develop, review, and maintain actuarial models, pricing methodologies, and assumptions for new and existing products

Provide actuarial recommendations for product development, pricing strategies, and underwriting policies in line with business objectives and applicable regulations

Review and ensure the accuracy and appropriateness of premium calculations, actuarial assumptions, and product provisions

Collaborate with Underwriting, Product Development, Claims, and other relevant departments on actuarial matters and provide guidance on complex cases

Requirements:

Bachelor's degree in Actuarial Science or a related field

Minimum 3 years of experience in actuarial, pricing, or health insurance underwriting

ASAI or FSAI certification is required

Strong analytical and problem-solving skills with good attention to detail

Good command of English, both written and verbal

Strong communication and stakeholder management skills, with the ability to communicate actuarial insights and recommendations effectively to management and cross-functional teams

Proficient in Microsoft Office, particularly Excel