Overview
|
Job-type |
Full-Time |
|
Job Category |
Insurance |
|
Industries |
Acc & Finance |
|
Salary |
MYR 15,000
- 20,000
/Month
|
Who you'll be working for
MNC General Insurance company
What requirements you'll need to be eligible
- At least 7 years of actuarial working experience.
- Data manipulation experience.
- Technical experience in monitoring and claims experience analysis.
- Technical experience in insurance pricing.
- Experience in the coordination of information from and the communication of results to relevant stakeholders.
- Solid understanding of motor insurance industry, including products, pricing structure, market trend and regulatory requirements.
- Strong analytical capabilities in performing pricing analysis, data interpretation, and conducting market research.
- Proficiency with Microsoft Word, Excel and Power Point.
- Familiarity with data manipulation applications such as SQL, SAS, Python is preferred.
- Familiarity with pricing tools such as Emblem and Radar is preferred.
- Ability to plan and execute to ensure timely delivery of results.
- Positive work attitude with focus on continuous improvement.
- Degree in any discipline, preferably Actuarial Science/Stats/Mathematics/Data Science.
What you'll be doing on the job
- Develop and maintain pricing strategies for motor insurance products, considering factors such as market trends, competitive analysis, and regulatory requirements.
- Conduct detailed analysis of loss cost and statistical model to provide insights and determine appropriate pricing.
- Prepare and submit rate filings to regulatory authorities, ensuring compliance with legal and regulatory requirements.
- Monitor and analyze competitor pricing and market trends to identify opportunities for growth and make recommendations for adjustments to pricing strategies.
- Ensure pricing strategies are executed timely and accurately.
- Work along side with Actuarial, Portfolio and Data Analytic team in portfolio monitoring and tracking of key performance indicators. Identify areas for improvement and take necessary corrective actions.
- Provide analytical support in developing new product idea and pricing the product.
Consultant Contact
Sound interesting?
Apply!
