Senior Specialist, Pricing Actuary

Role and Responsibility This position is a member of the Actuarial Function and is responsible for the delivery of actuarial pricing, product development, profitability assessment, and actuarial analysis activities to support business growth and regulatory requirements

• Collaborate with Product team and relevant stakeholders in developing new products and product enhancements, including product design, feasibility assessment, and business case development.
• Perform actuarial modelling, pricing, profitability testing, and financial impact analysis for new products and product changes.
• Prepare product filing documents and coordinate product submission and regulatory approval processes.
• Work with Corporate and Regional Actuarial teams on Value of New Business (VNB) reporting and pricing governance requirements.
• Evaluate and analyze reinsurance arrangements, including reinsurance quotations, treaty terms, and product-related reinsurance impacts.
• Participate in new product initiatives and strategic business projects from an actuarial perspective.
• Coordinate experience studies and actuarial investigations, including mortality, morbidity, lapse, surrender, and expense analyses.
• Conduct assumption reviews and provide recommendations to ensure pricing assumptions remain appropriate and up to date.
• Coordinate with internal stakeholders and external parties on RBC-related initiatives and regulatory submissions.
• Prepare and review actuarial reports relating to product profitability, reserves, liabilities, and financial results.
• Support audit reviews and regulatory reporting by providing actuarial analysis, documentation, and technical expertise.
• Participate in product UAT and implementation activities to ensure successful and timely product launches.
• Work closely with Regional and Corporate Actuarial teams to fulfill governance, reporting, and pricing requirements.
• Identify opportunities to improve actuarial processes, modelling efficiency, and analytical capabilities through data, automation, and technology-enabled solutions.
• Ability to use approved AI tools to improve speed, quality, and efficiency across actuarial analysis, modelling, documentation, and reporting activities.
• Ability to evaluate AI-generated outputs for accuracy, reliability, and risk, and apply professional actuarial judgment before using such outputs in business decisions and deliverables

__________________________________________________________________________ Knowledge/Skills/Competencies Required

• At least 5 years of experience in life insurance actuarial functions.
• Preferred: 2 years of experience after achieving Associate Actuary qualification.
• Solid actuarial knowledge in pricing, product development, profitability analysis, and actuarial modelling.
• Strong actuarial modelling and analytical skills.
• Good understanding of life insurance products and actuarial regulatory frameworks.
• Strong communication and stakeholder management skills.
• Self-motivated with the ability to work independently and manage multiple priorities.
• Innovative mindset with a continuous improvement approach.
• Good command of English.