Opportunity to shape innovative insurance products.Gain experience in pricing and reinsurance management. About Our Client The client is a tech-driven insurance provider in the Philippines, focused on delivering modern, customer-centric solutions. They emphasize efficient processes and innovative product offerings through the use of technology.
Job Description Assist in setting pricing assumptions for new products, aligning with a tech-first strategy.Develop and maintain pricing models tailored to product features and specifications.Analyze profitability and risks for new and existing products, recommending necessary actions.Prepare documents for regulatory approval and sales calculators for new products.Support product development from concept to launch, focusing on risk management.Monitor product performance and advise on pricing adjustments or discontinuation as necessary.Assist with policy servicing and design tools for underwriting and distribution models.Provide technical input for marketing and distribution efforts.Recommend and manage reinsurance structures to optimize solvency ratios.Conduct reviews of product performance and generate monthly claims reports. The Successful Applicant Degree in Business, Actuarial Science, Mathematics, Statistics, Finance, or related fields.Minimum of 3 years in Pricing, Product Management, or Development in life insurance.Actively pursuing actuarial exams with progress towards Associate-level qualification (SOA or ASP).Strong understanding of local regulations for life insurance product development.Knowledge of agile project management methods.Skilled in Excel; familiarity with actuarial software (Prophet is a plus).Strong analytical and problem-solving capabilities.Proactive, resourceful, and effective in team collaborations.Keen interest in InsurTech and innovation.Excellent written and verbal communication skills. What's on Offer Role within a forward-thinking, tech-focused insurance company.Involvement in shaping new insurance products and pricing strategies.Exposure to reinsurance negotiations and product optimization.Support for ongoing professional development and actuarial qualifications.Innovative company culture focused on collaboration and growth.Competitive salary with comprehensive benefits.
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