Actuarial Pricing Associate Manager

Responsibilities

  • Develop pricing models in Excel and Prophet
  • Check/review policy contracts, forms, sales illustrations for correctness and compliance with regulations
  • Do product write-up for Product Approval Report (actuarial sections)
  • Answer queries of Group Actuarial on product pricing
  • Conduct actuarial experience studies
  • Develop costing worksheets for distribution compensation and benefits, commission-related items (e.g. conference, contests).
  • Prepare product filing with the InsComm

Skills & Experience Required

  • At least 1 year experience in Product Pricing
  • Proficient in Excel; background in Prophet very favorable
  • Has met either one of the following:
    • One (1) exam away from Associateship
    • A newly designated Associate of the Actuarial Society of the Philippines
  • Candidate must have completed at least 3 out of 5 courses or near Associate Level
  • Preferably worked with a multinational life insurance company
  • Have proficiency in creating/developing pricing models for new products in Excel; able to write macro programs
  • Have proficiency in setting pricing assumptions; able to rationalize assumptions through experience review, market comparison and culling of industry experience/assumptions
  • Have knowledge to perform a reasonable review of forms, contracts, sales illustrations
  • Have experience in product submission to the IC
  • Can carefully review/make corrections to  Product Gate submissions prepared by Product Management team
  • Have experience in conducting Experience Studies (e.g. Expense Analysis, Withdrawal Experience Study, etc.)
  • Affiliates of the Actuarial Society of the Philippines and fresh graduates are encouraged to apply
  • Willing to work in Bonifacio Global City, Taguig, Philippines

Apply Now

Interested parties may send their full résumés with current and expected salary, education, and working experience to Human Resources Department.

Email: careers.ph@fwd.com

Address: Human Resources, 19/F W Fifth Avenue Building, 5th Avenue corner 32nd Street,

Bonifacio Global City, Taguig City 1634, Philippines