Actuarial Consultant

Michael Page; Makati; On-site; PHP 1,200,000 - 2,100,000; Full time

Job summary

Our client in the Philippines is seeking an Actuarial Consultant to lead pricing projects, manage reinsurance negotiations, and provide strategic recommendations on product design and financial viability. The role involves overseeing actuarial deliverables, regulatory filings, and communicating outcomes to senior stakeholders.

The successful candidate will have a strong actuarial modelling background, ASA or equivalent certification, and the ability to convey complex insights to non-technical

Qualifications

• Bachelor's degree in Mathematics, Statistics, or related field.
• Minimum 5 years actuarial experience, including project management exposure.
• ASA or equivalent.
• Strong expertise in actuarial modelling and insurance operations.
• Proficiency in actuarial software and analytical tools.
• Ability to communicate complex actuarial insights to non-technical stakeholders.

Responsibilities

• Lead pricing projects and ensure accuracy of actuarial models.
• Manage reinsurance negotiations and support complex pricing exercises.
• Provide strategic recommendations on product design and financial viability.
• Oversee product development deliverables for completeness and accuracy.
• Prepare and review documentation for regulatory filing and approvals.
• Communicate pricing outcomes with senior stakeholders, including actuarial leadership and business heads.
• Ensure compliance with audit and internal control requirements.
• Review ad hoc actuarial analyses and support business channel requests.

Skills

Actuarial modelling

Project management

Stakeholder engagement

Communication of actuarial insights

Education

Bachelor's degree in Mathematics, Statistics, or related field

ASA or equivalent

Tools

Actuarial software

Job description

Overview

• Lead pricing strategy and influence key product decisions
• Regional exposure with senior stakeholder engagement

About Our Client

Our client is a leading insurance organisation operating in the Philippines, with a strong footprint across Asia. Recognised for innovation in life and health products, they serve millions of customers and are known for their robust digital transformation initiatives and customer-first approach, with key operations based in Makati City.

Job Description

As the Actuarial Consultant, you will:

• Lead pricing projects and ensure accuracy of actuarial models
• Manage reinsurance negotiations and support complex pricing exercises
• Provide strategic recommendations on product design and financial viability
• Oversee product development deliverables for completeness and accuracy
• Prepare and review documentation for regulatory filing and approvals
• Communicate pricing outcomes with senior stakeholders, including actuarial leadership and business heads
• Ensure compliance with audit and internal control requirements
• Review ad hoc actuarial analyses and support business channel requests

The Successful Applicant

A successful Actuarial Consultant should have:

• Bachelor's degree in Mathematics, Statistics, or related field
• Minimum 5 years actuarial experience, including project management exposure
• Associate of the Society of Actuaries (ASA) or equivalent
• Strong expertise in actuarial modelling and insurance operations
• Proficiency in actuarial software and analytical tools
• Ability to communicate complex actuarial insights to non-technical stakeholders

What's on Offer

• Competitive compensation and performance bonuses
• Comprehensive health and life insurance
• Career mobility