Product Pricing Specialist (Định Phí Bảo Hiểm)

 In charge of new product development including but not limit to :

- Support on product design, product specs, implement competitors’ comparison, policy wording.

- Prepare Pricing & Profit test assumptions.

- Implement models for product pricing, profit test, illustrations, pricing/profit test documentation.

- Prepare the technical note, tariff, explains to MOF for product approvals.

- Work with IT and other Departments (OP, Sales, and Legal) for setting up products into system, UAT.

 Develop and maintain product pricing and profit test in the actuarial software.

 Maintain and updates current products to meet new regulation and business requirements.

 Back testing, Implement experience study on the Pricing assumptions, Best estimates.

 Implement MOF ‘exercises in time.

 Reinsurance tasks.

 Study and implement Asset Liability Duration jobs (if required)

 Participate in company projects relating product fields, profit assessment, maintain current partnership projects.

 Other ad-hoc jobs (ex: Supporting Sales, OP, FIN on calculation the data from Core system, clarify IT requirements and supporting models, formulas,....) assigned by line manager.

 Creating, revising Procedures (product development procedures, profit test procedures, other procedures of Actuary Dept.)

• Education: Bachelor’s Degree in Actuary Science, Mathematics
  
• Other required Degree, Professional Qualifications and Certifications: Pass 5 Actuarial Exams
  
• Technical/ Professional/ Specific Competency Requirements: Good ability in setting up a pricing model and profit test model;
  
• Relevant Working Experience: 3 years of experience in product pricing.
• Required Languages: Fluent in English
  
• Information technology/ Technical tools: Fluent in Excel, VBA, Actuarial Software.