Senior Pricing Specialist

2 days ago

Caloocan, Philippines AXA Full time

JOB TITLE: Senior Pricing Specialist

DIVISION: Finance

DEPARTMENT: AXAPH FI Actuarial

JOB GRADE: 8

LOCATION: GT Tower International

REPORTING TO (ROLE): GI Pricing Manager

NUMBER OF DIRECT REPORTS: 0

MAIN PURPOSE OF THE JOB

Support the growth of GI Motor business by performing pricing processes adherent to AXA’s Product Pricing guidelines.

KEY ACCOUNTABILITIES
  • Conduct simple or advanced data analysis using statistical techniques and data mining methods to identify trends, patterns, and insights.
  • Provide technical support for product initiatives and campaigns, capacity to realize the tradeoff between growing business and profitability.
  • Recommend premium rates for new and existing products that are aligned with AXA’s product standards and profitability requirements.
  • Recommend assumptions appropriate for new and existing products.
  • Develop pricing models consistent with product features and assumptions.
  • Generate profitability and sensitivity results and analyze key product risks.
  • Provide assistance in product design changes to increase market competitiveness.
  • Monitor profitability and key risks of AXA’s product portfolio and recommend repricing or product pull-out if required.
KEY STAKEHOLDERS

Internal and external, including regulators, industry association, and auditors.

EXPERIENCE AND QUALIFICATIONS
  • Bachelor’s Degree (Master's would be an advantage) in a quantitative field such as Statistics, Mathematics, Computer Science, Actuarial Science or a related discipline.
  • Successful progression or completion of initial actuarial exams (e.g., SOA, CAS, or other relevant actuarial bodies) would be an advantage.
  • At least 1 to 3 years work experience in business-oriented teams (GI or retail insurance would be an advantage), open for fresh graduates.
  • Strong problem-solving skills with the ability to think critically and strategically about business challenges.
  • Experience using at least one programming language required (SQL, SAS, Python, R, etc.).
  • Can collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
  • Strong presentation and story-telling skills, with the ability to convey complex technical concepts to non-technical stakeholders.
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