Assistant Manager, Pricing
Core
Set profitable and sustainable pricing, maintain competitiveness, and support product implementation and retakaful arrangements for takaful products.
Role type
Assistant Manager, Pricing (Actuarial)
Builds
Takaful product pricing models, submissions for regulatory bodies (PCA, BNM), and product implementation materials.
Domain
Insurance (Takaful) / Actuarial Science
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Actuarial modeling, financial risk management, product pricing strategy, regulatory compliance, system testing, retakaful negotiation, actuarial software proficiency, data analysis
Preferred skills
Actuarial professional examinations progress, programming languages, VBA
Technologies
Prophet, Microsoft Office (Excel, VBA, Word, PowerPoint)
Responsibilities
Set profitable and sustainable pricing while managing financial and operational risks; support quotations for tailored group employer schemes; produce product submissions for PCA and BNM; ensure compliance with SOP, PCA, and BNM requirements; run pricing models consistent with the company's takaful model; perform system testing for product implementation; provide actuarial support for product materials and development; liaise with Retakaful Operators to obtain competitive rates.
Seniority
Mid-Senior, hands-on IC