Actuarial Specialist
4 weeks ago
Job Summary:
We are seeking an experienced Actuarial Specialist to join our team in Asia. The successful candidate will be responsible for ensuring that product development and pricing in Asia, reinsurance management, and management of pricing and valuation model risks, are in compliance with SLF policies, standards, and guidelines.
Key Responsibilities:
- Assist the Director of Actuarial Peer Review, Asia in ensuring compliance with SLF policies, standards, and guidelines.
- Conduct peer review of simple to moderate traditional and unit-linked products, including pricing model, as assigned.
- Communicate clearly the comments and results of product review to assigned BUs or JVs.
- Assist in reviewing the appropriateness of reinsurance arrangement on new products, if any, in accordance with the Reinsurance Enterprise Operating Guideline.
- Coordinate with business units in managing completion of product post-launch action items of assigned BUs or JVs.
Requirements:
- Strong actuarial competency in either actuarial valuation or product pricing.
- Strong business acumen and financial understanding.
- Strong communication skills, both verbal and written, particularly in English.
- Competent to solve problems that don't have clear solutions or outcome.
- Competent in the use of information technology tools to design and implement programs for testing of valuation and product pricing models.
Preferred Qualifications:
- College degree in Mathematics or Statistics.
- Have passed at least 4 preliminary exams.
- Have 3-4 experience years in actuarial operation within a life insurance organization, including one (1) year specialization in at least one (1) key actuarial function.
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