SA - Actuarial Associate Manager

2 weeks ago

Makati City, National Capital Region, Philippines P&A Grant Thornton Full time ₱1,500,000 - ₱2,500,000 per year

Job Description Details
The Actuarial Associate Manager supports actuarial pricing and product development by preparing experience studies, building and refining pricing models, and ensuring compliance with regulatory requirements. The role contributes to product approval reports, provides actuarial support for distribution initiatives, participates in cross-functional projects, and delivers analyses to guide business decisions.

Primary Duties & Responsibilities

  • Justify and recommend appropriate pricing assumptions based on experience reviews, market comparison, industry benchmarks, demographic studies, and other available research information.
  • Build / modify robust and automated pricing models in excel/Prophet consistent with pricing standards.
  • Perform experience studies based on available company/ industry data, adjusting for product/company-specific considerations and trends.
  • Working knowledge on relevant local regulations on product filing, pricing, products, forms, illustrations and distribution channels.
  • Actively participate and provide UAT support for cross-functional product initiatives.
  • Provide actuarial support to distribution requests such as compensation review, incentives assessment, and partnership quotations.
  • Prepare relevant actuarial sections of the Product Approval Report, including the necessary documentation of assumptions, profit testing and sensitivity analysis, and be able to address elementary questions from Group Office on product gates.
  • Other adhoc and special projects that may be assigned from time-to-time.

Qualifications

  • Graduate of Mathematics, Statistics, Actuarial Science, or similar courses
  • At least associate of the Actuarial Society of the Philippines
  • At least 3-4 years actuarial experience, preferably in pricing
  • Has preferably worked in a multinational insurance company

Why Join P&A Grant Thornton?
At P&A Grant Thornton, You'll Experience a Culture That Cares For Its People As Much As It Cares For Its Clients. Here's What You Can Look Forward To

  • Performance-based salary appraisal
  • Health bonuses
  • Accident and life insurance coverage
  • Paid sick leave and vacation leaves
  • Competitive compensation package
  • Flexible work arrangements (depending on client engagement)
  • Continuous training, mentoring, and professional development
  • Exposure to diverse industries and international practices through Grant Thornton's global network.

Be Part of Something Bigger
At P&A Grant Thornton, you won't just crunch numbers—you'll help businesses grow, communities thrive, and your career flourish. If you're ready to bring your skills and passion to a firm that values excellence, integrity, and innovation, we'd love to meet you.

Apply now and grow with us

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