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Life Actuary
ACKO
posted 28d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
The candidate will play a key role in supporting valuation, pricing, and regulatory compliance activities within a dynamic insurance environment. This includes assisting with actuarial model maintenance, conducting market research, and supporting pricing strategies for both retail and group life insurance products. The role also involves contributing to system testing and ensuring timely regulatory reporting. This position offers an opportunity to support senior actuaries, enabling them to focus on strategic initiatives and business growth.
- Assist in Actuarial Valuation:
Support the actuarial valuation function by ensuring data accuracy, performing calculations, and contributing to timely reporting. Ensure all outputs meet regulatory compliance standards and internal reporting timelines. - Maintain Actuarial Models:
Help in the development, calibration, and maintenance of actuarial models, including but not limited to those for embedded value calculations, product pricing, IFRS reporting, and Economic Capital Reporting. - Conduct Market Research:
Perform in-depth market analysis and competitor research to identify trends, competitive pricing models, and insights. Assist the pricing team with data-driven recommendations for strategy adjustments. - Support Retail Pricing Strategies:
Work closely with the pricing team to develop, implement, and refine pricing strategies for Life Insurance products. Focus on key drivers such as mortality risk, lapse rates, and operational expenses. - Provide Group Pricing Quotations:
Assist in generating and reviewing group pricing quotations, ensuring they align with market standards and pricing strategies. Ensure all quotations are accurate and competitive. - Conduct System User Acceptance Testing (UAT):
Participate in UAT activities for new functionalities and regularly monitor newly launched product features. Ensure that new system features meet the necessary specifications and perform as expected in day-to-day operations.
Employment Type: Full Time, Permanent
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Flexible timing
Monday to Friday
No travel
Day Shift
ACKO Benefits
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