Job Responsibilities:

• Perform, analyze, and take responsibility for Accident & Health (“A&H”)all product development reporting and make sure of methodologies used outperform market benchmark and complies and compliance with the regulatory requirements.
• Perform A&H product benchmarking to find products gap opportunities in the market, future trends, data analysis for the purpose of pricing.
• Perform experience study and review actuarial assumptions regularly to ensure that assumption use can be justified.
• Support ad-hoc projects related to rate filings, new business development, financial projections, etc.
• LeadPerform A&H product pricing with the methodology & assumptions used that are in line with business direction and plan, regulatory requirements and pricing policies in the process of new product development.
• Perform business planning with accurate data, inline assumption, and projected cash flow results.
• Perform reinsurance administration with accurate calculation and reconciling with reinsurance reports.
• Develop and maintain all SOP and documentation related to tasks with clear definitions and detailed manual processes.
  

Qualification and Requirements:

• Minimum of 5-7 years of relevant A&H product development actuarial experience prior to leading a team.
• Coming from the Insurance industry is a MUST.
• Possessing the Fellowship of the Society of Actuaries of Indonesia (FSAI) license would be an advantage.
• Competent and have the right work ethic to lead a team.
• Able to communicate in both English and Bahasa.

Advanced knowledge and understanding of actuarial practice and pricing strategy (especially for individual or group insurance products).