Senior Actuarial Manager: Valuation, Rates & Risk

aia; Philippines; On-site; PHP 500,000 - 900,000; Full time

Job summary

MediCard Phils., Inc. is seeking an assertive actuarial professional to provide actuarial services covering all aspects of the insurance business and financial control.

You will prepare regular analyses and valuation calculations by product group and distribution channel, prepare statutory reports, assess profitability and risk, tailor rates and premiums, develop products, support distribution with quotes and training, and liaise with regulators on capital management and solvency.

Responsibilities

• Prepare regular analyses and valuation calculations by product group / distribution channel in areas such as expenses and allowances, commission level
• Prepare statutory reporting to the regulatory authorities and management
• Report on functional strength, profitability, progress and specific portfolios
• Involve in tailoring the rate and setting the premium of individual insurance policies, calculating risk assessment and recommending policy surrender values and costs of policy changes
• Develop insurance products, establish premiums and advise on underwriting policy
• Support distribution channels in areas such as special quotations and product training
• Liaise with regulatory bodies on matters involving capital management / solvency

Job description

MediCard Phils., Inc. is seeking an assertive actuarial professional to provide actuarial services covering all aspects of the insurance business and financial control.

You will prepare regular analyses and valuation calculations by product group and distribution channel, prepare statutory reports, assess profitability and risk, tailor rates and premiums, develop products, support distribution with quotes and training, and liaise with regulators on capital management and solvency.