[Actuary] Actuarial Pricing, Senior Officer

Job Purpose:

• Participate in designing new products;

• Price new products, revamp current products;

• Perform relevant actuarial tasks including modelling, technical supports for sale force;

• Cooperate with relevant departments in launching new products, completing product guidelines;

• Support sale channels and customer service departments;

• Perform other tasks upon manager’ requests.

Key Responsibilities:

1. Participate in designing new products:

• Cooperate with relevant departments (sale, bancassurance, marketing) to perform researches on market demand, competitors’ products, compare the company’s products to competitors’ products to identify the differences.

• Propose ideas on new products from product development perspective

2. Price new products, revamp current products:

• Participate in evaluating, proposing and setting up pricing assumptions

• Participate in determining appropriate pricing model for each product including benefits cashflow, financial KPI, premium rates, policyholder’s cashflow, premium comparison with other similar products in the market

• Perform pricing report and related pricing documents

• Calculate commissions, expenses or exclusive payments for special channels such as digital channel, tele sale channel

• Participate in providing pricing guideline

3. Product monitoring

• Monitoring profitability of product and support line manager to proposal suitable management actions for future product’s strategy.

4. Perform relevant actuarial tasks

• Work with reinsurer on reinsurance rates, perform reinsurance reports periodically

• Provide comments on risk assessment and underwriting from product development perspective

• Propose relevant comments on other actuarial tasks

5. Cooperate and support relevant departments in launching product, complete product regulations and guidelines

• Discuss with others internal and external stakeholder on product features, illustration, regulations and product guidelines, product configuration documents

• UAT for business functions in IT system (SAP, EBAO or other systems)

• Participate in conducting and completing product regulations

6. Support sale and customer services

• Support relevant departments of HO (claim management, policy management…)

• Support branches following their requests

7. Other tasks upon manager’s requests

• Provide assessments/information following relevant departments (for example, Bancassurance)

• Provide figures following requests of auditors

• Provide comments on relevant plans of the company

• Qualification: Good university degree in actuarial, finance, mathematics, statistics or economics

• Experience: 4 year experience in a Life insurance company at least, Vietnam market is preferred

• Certification: Pass at least 3-4 actuarial exams from the popular International Society of Actuarial

• Language: Good at English and Vietnamese

Ngành nghề: Kế toán / Kiểm toán, Ngân hàng, Bảo hiểm

Kinh nghiệm: 4 Năm

Cấp bậc: Nhân viên

Hình thức: Nhân viên chính thức

Địa điểm: Hà Nội