Actuarial Manager - Pricing

FWD Group Management Holdings Limited; Philippines; On-site; PHP 1,800,000 - 3,000,000; Full time

Job summary

FWD Life Philippines seeks an Actuarial Manager for Pricing to lead pricing and prototyping of products, drive approvals, and support cross-functional product development teams. The role will conduct experience studies and provide actuarial-related support to strategic projects of the company.

The position also reviews channel initiatives, campaigns, customer requests, user acceptance testing, and other ad hoc projects. Mentorship of juniors may be assigned as needed.

Qualifications

• Graduate of Mathematics, Statistics, Actuarial Science, or similar courses.
• At least associate of the Actuarial Society of the Philippines.

Responsibilities

• Pricing and prototyping of products, collaborating with cross-functional product development teams.
• Conduct experience studies and provide actuarial support to strategic projects.
• Review channel initiatives, campaigns, customer requests, user acceptance testing, and other ad hoc projects.
• Mentor and peer review the work of junior team members where assigned.

Skills

Problem Solving

Communication

Innovation

Education

Mathematics, Statistics, Actuarial Science

Associate of the Actuarial Society of the Philippines

Job description

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com.

About FWD Life Philippines

FWD Life Insurance Corporation (FWD Life Philippines) launched its commercial operations in September 2014. As of end-2022, FWD Life Philippines ranks 3rd and 6th in terms of Paid-up Capital(1) and New Business Annual Premium Equivalent(2), respectively. For more information, please visit fwd.com.ph. 1 www.insurance.gov.ph > Statistics > Life > 2022 > Based on Paid-Up Capital 2 www.insurance.gov.ph > Statistics > Life > 2022 > Based on New Business Annual Premium Equivalent.

Job Purpose

The Actuarial Manager for Pricing performs pricing and prototyping of products assigned to him/her, and helps see them through to approvals, implementation and readiness to launch by collaborating with the cross-functional product development team. The role is also expected to conduct experience studies and to provide actuarial-related support to various strategic projects of the company. The role will also review channel initiatives, campaigns, customer requests, user acceptance testing, and other ad hoc projects. On top of these, he may be assigned to mentor and peer review the work of junior members of the team.

Education & Certification

• Graduate of Mathematics, Statistics, Actuarial Science, or similar courses.


• At least associate of the Actuarial Society of the Philippines.

Experience

• At least 3-4 years actuarial experience, preferably in pricing.


• Has preferably worked in a multinational insurance company.

Technical Competencies/Skills

• Problem Solving: Develop pricing and costing models and the needed assumptions based on available data.


• Communication: Clear communicator, both oral and written, in product reports, responding to Group questions, and in regular interactions with collaborators in a cross-functional team.


• Innovation: Support special company initiatives that help change the way people feel about insurance.

Privacy Notice

Your privacy is a priority for FWD. The Company keeps your personal information with us in confidence. To know more about how we process your information, kindly refer to our FWD Recruitment Privacy Notice. FWD has partnered with Talocity Instasolutions Private Limited ("Talocity") to manage the initial filtering of candidate’s profiles through video interviews, social profile mapping, and video analytics using an artificial intelligence engine that is offered within the Talocity platform. The platform evaluates the candidate on the five well-known dimensions as per OCEAN Personality Model that influence occupational success and help understand workplace behavior. For more information, please refer to Talocity Privacy Policy.