Actuarial Specialist for Valuation

FWD Life Insurance Corporation; Taguig; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

FWD Life Insurance Corporation in Taguig City, Metro Manila, is seeking an Actuarial Specialist for Pricing or Valuation. In this full-time role based in Taguig, you will perform actuarial analyses to support pricing and valuation of insurance products and develop and maintain pricing and valuation models for accurate reporting.

You will collaborate with cross-functional teams to identify opportunities for product development, prepare detailed actuarial reports, stay updated on regulations,

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field.
• At least 3 years of actuarial experience, preferably within the insurance industry.
• Fellowship or Associate status with a recognized actuarial society (e.g. Institute and Faculty of Actuaries, Actuarial Society of the Philippines).
• Strong technical expertise in actuarial modelling, pricing and valuation methodologies.

Responsibilities

• Perform actuarial analyses to support the pricing and valuation of insurance products
• Develop and maintain pricing and valuation models to ensure accurate and compliant reporting
• Collaborate with cross-functional teams to identify opportunities for product development and improvement
• Prepare detailed actuarial reports and analyses to support business decisions
• Stay up-to-date with industry regulations and best practices to ensure the company's compliance
• Participate in the implementation of new actuarial systems and processes
• Provide mentorship and guidance to more junior actuarial staff

Skills

Actuarial modelling

Pricing

Valuation

Analytical skills

Communication skills

SQL

Python

R

Team collaboration

Mentoring

Education

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

Tools

SQL

Python

R

Job description

About the role
Join the dynamic team at FWD Life Insurance Corporation as an Actuarial Specialist for Pricing or Valuation. In this full-time role based in Taguig City, Metro Manila, you will play a key part in shaping the company's strategic initiatives within the insurance industry.

What you'll be doing

• Perform actuarial analyses to support the pricing and valuation of insurance products

• Develop and maintain pricing and valuation models to ensure accurate and compliant reporting

• Collaborate with cross-functional teams to identify opportunities for product development and improvement

• Prepare detailed actuarial reports and analyses to support business decisions

• Stay up-to-date with industry regulations and best practices to ensure the company's compliance

• Participate in the implementation of new actuarial systems and processes

• Provide mentorship and guidance to more junior actuarial staff

What we're looking for

• A bachelor's degree in Actuarial Science, Mathematics, Statistics or a related field

• At least 3 years of experience in an actuarial role, preferably within the insurance industry

• Fellowship or Associate status with a recognized actuarial society (e.g. Institute and Faculty of Actuaries, Actuarial Society of the Philippines)

• Strong technical expertise in actuarial modelling, pricing and valuation methodologies

• Excellent problem-solving, analytical and communication skills

• Proficiency in using actuarial software and programming languages (e.g. SQL, Python, R)

• Ability to work collaboratively in a team environment and mentor more junior staff