ACTUARIAL ASSISTANT

Manila Bankers Life Insurance; Makati; On-site; PHP 180,000 - 240,000; Full time

Job summary

Manila Bankers Life Insurance is seeking an entry-level actuarial support role based in Makati. You will assist in pricing, reserves, data studies, and policy math while maintaining accurate records.

The position emphasizes learning, attention to detail, and comfort with numbers, with opportunities to grow in actuarial disciplines and reporting processes.

Qualifications

• Fresh graduates with a degree in Actuarial Science, Mathematics, or Statistics.
• Strong basic knowledge of Microsoft Excel for math formulas and tables.
• Good understanding of basic financial math, statistics, and probability principles.
• Eager to learn, highly detail-oriented, and comfortable working with numbers.

Responsibilities

• Pricing support: help compute basic premium rates, profit margins, and viability stats for new products.
• Reserve calculations: learn to calculate terminal and group reserves under standard valuation methods.
• Data & Experience studies: analyze policy data to track customer trend rates, mortality, and lapse behavior.
• Policy & Operational math: compute policy cash values, surrender choices, policy withdrawals, and maturity benefits.
• Database maintenance: run weekly data checks and clean up policy records to fix discrepancies.
• Compliance reports: assist in preparing annual statement files, tax tasks, and statutory submissions.

Skills

Excel basics

Math foundation

Detail-oriented

Education

Actuarial Science / Mathematics / Statistics

Tools

Microsoft Excel

Job description

Key Responsibilities

• Pricing Support: Help compute basic premium rates, profit margins, and viability stats for new products.
• Reserve Calculations: Learn to calculate terminal and group reserves under standard valuation methods.
• Data & Experience Studies: Analyze policy data to track customer trend rates, mortality, and lapse behavior.
• Policy & Operational Math: Compute policy cash values, surrender choices, policy withdrawals, and maturity benefits.
• Database Maintenance: Run weekly data checks and clean up policy records to fix discrepancies.
• Compliance Reports: Assist in preparing annual statement files, tax tasks, and statutory submissions.

Qualifications And Skills

• Education: Fresh graduates with a degree in Actuarial Science, Mathematics, or Statistics.
• Excel Skills: Strong basic knowledge of Microsoft Excel for math formulas and tables.
• Math Foundation: Good understanding of basic financial math, statistics, and probability principles.
• Core Traits: Eager to learn, highly detail-oriented, and comfortable working with numbers.