actuarial product pricing, contract associate

RecruitFirst Pte Ltd; Malaysia; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading actuarial consultancy in Malaysia seeks a candidate for the Regional Infrastructure Cybersecurity Lead role. The successful applicant will support the product pricing process, analyze data trends, and ensure compliance with regulatory guidelines. Applicants should have a Bachelor's Degree in Actuarial Science and strong skills in data analysis and product modeling. This full-time position offers a competitive salary range of MYR 11,000 - MYR 13,000 per month.

Qualifications

• Formal education in Actuarial Science is essential.
• Proficiency in Prophet for product modeling required.
• Knowledge of internal pricing policies and regulatory guidelines expected.

Responsibilities

• Support the end-to-end product pricing process.
• Perform pricing and profit testing of products.
• Ensure compliance with product and pricing policies.
• Work with internal teams on product feature integration.
• Assist in routine queries from stakeholders.

Skills

Data Analysis

Skill in product modeling

Understanding of actuarial exams

Education

Bachelor's Degree in Actuarial Science

Job description

What requirements you'll need to be eligible

• A Bachelor's Degree in Actuarial Science
• Passed or have exemptions in Preliminary actuarial exams in one of the actuarial
• associations recognised by BNM
• Prophet: Skill in product modeling and projection
• Data Analysis

What you'll be doing on the job

• To support end-to-end product pricing process and involve in premium rating process to ensure competitiveness of the products as well as to ensure profitability of the products to meet the required return to shareholders.
• Perform pricing and profit test of products using established models
• Ensure compliance with internal product and pricing policies, processes, profit margins and external regulatory guidelines to obtain approval / filing for product launches
• Work with internal functions to integrate new Individual Life / Accident & Health product features into their day-to-day operational activities
• Assist in handling routine and standard queries from stakeholders
• Assist in the actuarial related pricing parameters set up for new products
• Assist in setting up benefit illustrations programs for system validation
• Play a supporting role in actuarial and pricing related projects and company-wide initiatives
• Analyse and interpret data to uncover trends and establish findings towards adding value to business through making better informed decisions
• Support pricing initiatives across all distribution channels through data analytics

Regional Infrastructure Cybersecurity Lead

Full-Time

MYR 11 - MYR 13 /Month