Senior Manager, Pricing

MediCard Phils., Inc.; Philippines; On-site; PHP 1,500,000 - 1,900,000; Full time

Job summary

MediCard Phils., Inc. in the Philippines seeks a Senior Actuarial Pricing Lead to drive financial aspects of product development and management, shaping pricing strategies and ensuring model accuracy.

The role requires 7+ years in actuarial work, an SOA Associate or near-Fellow, strong communication with actuarial heads and non-actuarial stakeholders, and leadership of a pricing team.

Qualifications

• Bachelor's degree in Math/Statistics or related field.
• 7+ years of progressive actuarial experience with project management exposure.
• Associate of Society of Actuaries (ASA) or equivalent; near Fellow.
• Strong ability to present actuarial results to heads and non-actuarial stakeholders.

Responsibilities

• Lead the financial portion of product development and management projects and ensure pricing model accuracy.
• Review documents for product/reinsurance filings and approvals.
• May lead negotiations for simple reinsurance arrangements.
• Communicate pricing results and management matters with internal and external stakeholders.
• Ensure end-to-end timely completion of actuarial requirements for product development and management.
• Fulfill audit and control requirements and report project progress.
• Review and approve ad hoc task results; lead pricing strategic initiatives.
• Handle simple demands from different channels.
• Manage overall team performance to meet KPIs; coach the Pricing Team.

Skills

Pricing leadership

Project management

People management

Communication

Negotiation

Actuarial knowledge

Education

Bachelor’s degree in Math/Statistics

ASA or equivalent; near Fellow

Job description

Strategic Responsibilities

• Lead financial portion of product development and management projects: Provide valuable proposals/counterproposals to channel heads and product management leads regarding product design, positioning, financial viabilities and ensure the accuracy of models being used for pricing exercise.

• Review of required documents for product/reinsurance filing and approval

• May lead negotiations for simple reinsurance arrangements.

• Responsible for communicating with head of Product/Pricing/Chief Actuary/Group Office, other internal stakeholders (PIC, operations, channel heads) and external stakeholders (Regulators Reinsurers, Auditors) pricing results and product development and management matters with respect to products/projects being led.

Operational Responsibilities:

• Responsible for end-to-end timely completion of all assigned product development and management requirements of Actuarial; review product development and management deliverables for reasonableness and accuracy

• Responsible for fulfilment of all audit and control requirements and communication of projects assigned.

• Review and approve ad hoc task results; lead pricing strategic initiatives.

• Handle simple demands from different channels.

People Management Responsibilities:

• Manage the overall performance of the team to deliver and meet the KPIs agreed.

• Coach and provide guidance to Actuarial Pricing Team

Minimum Job Requirements:

• College graduate with at least bachelor’s degree related in Math/Statistics

• Minimum of 7 years progressive experience in actuarial field; experience in project management and exposure to people management

• Minimum qualification is an Associate of Society of Actuaries or equivalent; near Fellow.

• Expertise in applied actuarial knowledge and ample understanding of insurance operations/environment.

• Can effectively communicate actuarial results to actuarial heads and other non-actuarial stakeholders.

Ability to negotiate and influence (to some level)