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Executive - Actuarial

At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities. We strive to build a business that you can shape, an inclusive workplace where everyone’s ideas are valued and a culture where we can thrive together. Our people stay connected and tuned in to what’s happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.

Support actuarial pricing and reinsurance management function within pricing department.

1. Product Pricing

  • Perform initial profitability and risk assessment for any product ideas

  • Assist to complete pricing file note where all the pricing assumptions that were used are listed along with the justifications

  • Prepare spreadsheet and Prophet model for pricing and profit testing purpose

  • Assist in completion of the regional product submission document with comprehensive financial results

  • Assist in preparing the regulatory (OJK) filing documents for new products

  • Work closely with related department in preparing quotation, product specification, product system, marketing materials etc.

2. Product Maintenance

  • Review the competitiveness of existing products

  • Answering queries related to technical issues/request on products

  • UAT for new or enhancement products in system maintenance (Life Asia)

  • Review and sign-off for final product specifications

3. Reinsurance Management

  • Prepare reinsurance selection document that including comparison of rates, benefit and conditions among reinsurers

  • Assist in coordinating signing of reinsurance treaties or addendum

  • Provide regular reporting for reinsurance exposure

  • Yearly review of retention limits

Sejak16 September 2020

Berakhir15 Desember 2020

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