Manager - Pricing

Overview

Join the Group Finance - Pricing team at Great Eastern, responsible for creating pricing strategies for life insurance products to ensure profitability aligns with the company’s business goals across Singapore, Malaysia, and Indonesia.

Key Responsibilities

• Develop pricing for participating, non-participating, and investment-linked insurance products, ensuring they meet profitability targets aligned with corporate strategies.
• Support and implement comprehensive product and pricing strategies for life insurance offerings.
• Create pricing methodologies consistent with actuarial principles and regulatory requirements; design pricing models that fulfill internal and external compliance standards.
• Ensure adherence to internal policies, profit margins, and regulatory guidelines during product approval and filing processes.
• Collaborate across departments to integrate new individual life product features into operational workflows and enhance processes.
• Lead negotiations with reinsurers and build appropriate reinsurance arrangements for products requiring coverage.
• Manage business and regulatory compliance risks proactively, implementing suitable mitigation measures.
• Stay informed on industry trends, regulatory changes, emerging threats, and technologies to better protect company interests.
• Identify and communicate potential risks, sharing best practices to improve risk management.

Qualifications and Experience

• Qualified or near-qualified actuary recognized by an internationally accredited actuarial body.
• Minimum of 5 years of actuarial experience in a relevant field.

Competencies

• Detail-oriented and efficient with a strong ability to perform under pressure.
• Proficient interpersonal, written, and verbal communication skills.
• Strong technical expertise and analytical ability.

Additional Information

Great Eastern does not accept unsolicited resumes from recruitment agencies; please refrain from forwarding resumes to company contacts. The position is based at the Singapore GE Centre.