Group Pricing

5 days ago


กรงเทพมหานคร, Thailand FWD Insurance Full time

FWD spans Hong Kong, Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam and Japan. In Thailand, established in 2012, FWD Thailand aims to provide customer-led insurance coverage whether it be savings, personal accident, retirement plans, or investment-linked insurance. Along with TMB, our bank partner and with over 900 staffs, we deliver fresh customer experiences and provide quality services to more than 900,000 customers nationwide.

FWD is a fresh insurance company for aspirational people who are looking forward to their lives ahead. We believe that life is all about living your passion and pursuing happiness; it’s our commitment to empower people to live their lives to the fullest everyday.

If you are looking for a company where can fuel your inspiration and cultivate your experience, join us on our exciting journey.

Job Purpose
- Perform actuarial more complexity pricing task in order to deliver group products based on request from any channels.
- Solve any group product issues including deliver project and complex task ad-hoc that assigned from Lead of
- Act as senior team member to coach and advice junior team member

Key Responsibility

Provide and validate Group Product Pricing Quotation
- Prepare and review sales quotations, and update quotation model according to guidelines

Prepare PAR approval report and Coordinate with Group Officer for approval process.
- Coordinate with other departments on all product aspects.
- Deliver and get the PAR done both quality and quantity.
- Follow up and coordinate with Group Office to get product approval within timeframe
- Provide experience analysis as initial proposed assumption such as loss ratio

Review the pricing model both Prophet and Excel
- Analyze and review the profitability and sensitivity results with reasonable sense check.
- Be advisor and coach junior level on pricing task.

Prepare OIC approval report, follow up and coordinate with OIC for all approval process.
- Give initial advice and monitor on new and existing OIC regulations.
- Initial consult with OIC for new product before send to approve in order to shorten approval time.
- Maintain relationship with OIC

Ad-hoc projects/request
- Perform analysis/fact finding per requested by Chief Proposition Officer, Head of Pricing or Head of Group Product Pricing

Others
- Advice junior team member to deliver tasks per their assignments
- Qualifications
- Bachelor's Degree or higher in Actuarial Science, Mathematics, Statistics, Engineering, or related field from recognized university
- Strong analytical, logical thinking, MS Office. Thai and English speaking/writing ability preferred. Actuarial modelling skill, programming, database will be a plus.
- Certification / License: FSA or ASA and taking actuarial exam is preferable
- At least 7-10 years work experience in Product Pricing/Actuarial field. Experience with group business (including Credit Life) is preferable



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