Valuation Actuary Lead & Appointed Actuary

Zurich 56 Company Ltd; Daerah Khusus Ibukota Jakarta; On-site; IDR 200.000.000 - 300.000.000; Full time

Job summary

A leading insurance firm based in Jakarta is looking for a Valuation Actuary Lead to manage the reserving, valuation, pricing, and risk management processes. Candidates should have a Bachelor's or Master's degree in Mathematics, Statistics, or Actuarial Science and at least 8 years of experience in the Life Insurance sector, including leadership experience. This role involves complex data analysis, supporting business decisions, and mentoring actuarial staff. Competitive opportunities for growth are offered.

Qualifications

• 8+ years of experience in the Life Insurance industry with proven leadership ability.
• Experience in building pricing tools.

Responsibilities

• Lead a team in providing professional actuarial services.
• Perform complex statistical analyses and develop models.
• Provide support and professional advice to actuarial business partners.
• Manage the quality of actuarial data.
• Train and mentor actuarial staff.

Skills

Leadership in actuarial teams

Statistical analysis

Pricing tools development

Education

Bachelor or Master Degree in Mathematics, Statistics, Economics or Actuarial Science

Job description

Valuation Actuary Lead & Appointed Actuary

Leads a team with overall responsibility for managing the reserving, valuation, pricing or risk management process for the assigned portfolio and provides support and recommendations to the relevant chief actuary, actuarial business partners or risk officer, including insights into risks, underlying performance and implications for the business.

Job Qualifications

• Bachelor or Master Degree in Mathematics, Statistics, Economics or Actuarial Science
• 8+ year experience working in Life Insurance industry with proven leadership ability
• Experience in building pricing tools

Job Accountabilities - Key Accountabilities

• Lead team in providing professional actuarial services to actuarial management and business partners including insights into underlying performance and business implications on topics with a moderate level of complexity.
• Perform complex statistical analyses, model, monitor and analyze data and develop complex models or programs for model building and analyses; interpret results of models and analyses to support business decision making.
• Support analyses related to activities outside of normal responsibilities.
• Provide professional actuarial support and advice to actuarial business partners including insights into underlying performance and implications for the business.
• Manage the flow and quality of relevant actuarial data to ensure robust output.
• Support development of risk based capital models and calibration and parameterization activities.
• Ensure that processes and standards are consistent with internal actuarial policies; lead the improvement of systems and processes in own area.
• Responsibility for training, mentoring and professional development of actuarial staff under supervision.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

Let’s continue to grow together!

• Location(s): ID - Head Office - MT Haryono