Actuarial Pricing - Senior Manager job in Jakarta

Jakarta Prudential plc

Job Ref:	24030296
Employer:	Prudential plc
Sector:	Life Insurance Investment Professional/Financial Services
Qualifications:	Unclassified
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	Indonesia
City:	Jakarta
Post Code:	Not specified
Map:	(Show on map)
Description
Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. Support Actuarial Pricing and Reinsurance Management function within Pricing department. Stakeholder management (senior management, group, channels) and management of a couple of pricing team members. Assist pricing head with the following key responsibilities: 1. Product Pricing Generate new product ideas that is fit and suitable for market Execute product ideas that includes delivering a product to the market that is appealing to both customers and distribution as well as generating good returns to shareholders Supports key financial KPIs: ie. NBP margin, OFSG, persistency, expense and claims variances Deliver all required submissions/filings to both local regulator (OJK) and Group for product and campaign approvals Manage projects, provide guidance and assistance to the respective pricing managers/members for pricing technicalities Ensure that all the internal process and regulations are followed in product pricing including completion of all required documentation Review and sign-off on all product specs Responsible for engagement with OJK on pricing and reinsurance related issues Work closely with related departments for preparing quotation, product specification, product system, marketing materials, etc. 2. Reinsurance Management Communication of requirements to reinsurers and rate negotiation Obtain approval from local and Group for changes in reinsurance arrangement/strategy Manage signing of reinsurance treaties or addendum Yearly review of retention limits and restructuring of reinsurance arrangements to extract more reinsurance value 3. Team management Manage a couple of pricing teams that are each headed by a Pricing Manager/Assistant Manager Ensure development of the pricing actuaries, in line with the career interest and opportunity Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

ref: (24030296) 15 days ago

Back to search results

Featured Jobs

MORE JOBS LIKE THESE

Actuarial Pricing - Senior Manager job in Jakarta

Jakarta Prudential plc

Location

Description

Featured Jobs

JOBSEEKERS

EMPLOYERS

ABOUT PROACTUARY

POPULAR JOBS

ADDRESS

Registration Number