Senior Actuarial Manager (Pricing) at International Life Insurance Services company in Phnom Penh

Job Description

Senior Actuarial Manager (Pricing) at International Life Insurance Services company in Phnom Penh

• Responsible for leading actuarial pricing, product development, profitability analysis, and pricing strategy for life insurance products
• Up to 4,000 USD plus Expatriate Allowances

The Role

An excellent opportunity for an experienced and technically strong Senior Actuarial Manager (Pricing). The role focuses on leading actuarial pricing activities, supporting new product development and repricing initiatives, ensuring product profitability, and providing actuarial insights to support business growth and strategic decision-making

About the Company

Our client is an International Insurance Services company which is mainly providing the best practices of insurance products to the customers in Myanmar as well as other Asian and European countries

Description

• Lead actuarial pricing activities for new product development, product enhancements, and repricing initiatives
• Develop and review pricing assumptions, actuarial models, and profitability analysis to ensure products are appropriately priced and aligned with business objectives
• Conduct experience analysis, sensitivity testing, scenario analysis, and risk assessments to evaluate product profitability and sustainability
• Work closely with Product Development, Finance, Distribution, Risk, Underwriting, and other cross-functional teams to support product design and business strategies
• Ensure pricing methodologies, assumptions, documentation, and processes comply with internal actuarial standards and applicable regulatory requirements in Cambodia

Requirements

• At least 6 to 8 years of relevant actuarial experience, with strong experience in Life Insurance Pricing and Product Development
• Progress toward or completion of a recognized actuarial qualification such as SOA, IFoA, or equivalent is highly preferred
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
• Strong technical knowledge of life insurance pricing, actuarial modelling, assumptions, profitability analysis, and financial projections
• Open for Expatriates who come to work in Cambodia onsite

Benefits

Annual Performance Bonus + other attractive allowances

Career Growth Opportunities

An appealing career growth opportunity that the candidate could get through this company