Medical Pricing Manager

2 days ago

PH AIA PH AIA Group Full time $100,000 - $120,000 per year

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.

It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial wellbeing as an organisation, the better we can support and make a difference for our customers when they need us most. By ensuring our products are well designed and priced, analysing business performance and ensuring proper management of insurance policies in-force, you're not just safeguarding AIA's financial wellbeing. You're securing a better future for the people and communities we serve - today, tomorrow and for generations to come.

If that interests you, read on. 

About the Role

The position is responsible for providing the Product Actuary/Pricing Professional the required support for pricing, modelling, product development and management.

Strategic Responsibilities:

  • Lead simple pricing projects and ensure the accuracy of models being used for pricing exercise. Lead negotiations for reinsurance arrangements
  • Provide actuarial technical support/analysis for more complex product/reinsurance pricing exercises.
  • Provide valuable proposals/counterproposals to channel heads regarding product design, positioning, financial viabilities;
  • Preparation/Review of required documents for product/reinsurance filing and approval.

Operational Responsibilities:

  • Responsible for end-to-end timely completion of all product development and management requirements of Actuarial; review product development and management deliverables for reasonableness and accuracy
  • Responsible for fulfilment of all audit and control requirements and communication of projects assigned.
  • Responsible for communicating with head of Product/Pricing/Chief Actuary/Group Office, other internal stakeholders (PIC, operations, channel heads) and external stakeholders (Regulators Reinsurers, Auditors) pricing results and product development matters with respect to products/projects being led.
  • Review and approve ad hoc task results; handle simple demands from different channels.

People Management Responsibilities:

  • Manage the overall performance of the team to deliver and meet the KPIs agreed.
  • Coach and provide guidance to Actuarial Pricing Team 

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

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