PRICING ANALYST - INSURANCE INDUSTRY - HIGH SALARY

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Agensi Pekerjaan BGC Group (Malaysia) Sdn Bhd
Kuala Lumpur
MYR 100,000 - 150,000
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7 days ago
Job description

PRICING ANALYST - INSURANCE INDUSTRY - HIGH SALARY

Key Responsibilities:
- Responsible for creating, updating, and maintaining Radar Base tools for pricing accuracy.
- Ensure pricing models are kept up to date to reflect any changes in products or market conditions.
- Develop and manage advanced Excel-based pricing models for multiple product lines.
- Continuously refine these models to improve efficiency and accuracy for manual and automated quotes.
- Provide manual quotes for Group Personal Accident (GPA) and large accounts, ensuring accuracy, especially for high-value clients or complex situations.
- Ensure all quotes adhere to company guidelines and regulatory compliance.
- Collaborate with the product development and legal teams to draft and update policy wording for new and existing products.
- Ensure that policy documents are accurate, clear, and compliant with regulations.
- Support portfolio monitoring through regular data cleaning, analysis, and the creation of dashboards to assess performance.
- Assist in the preparation of performance reports that guide strategic pricing decisions.
- Work with internal stakeholders, such as the underwriting, product development, and legal teams, to provide pricing support and feedback.
- Act as the key contact point for any pricing-related inquiries, troubleshooting issues, and ensuring smooth operation of pricing models.

Qualifications:
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Business, or a related field.
• Actuarial qualifications (FCAS, FIA, FIAA or equivalent), or partial qualification, would be an advantage.
• At least 8 years of experience in pricing using P&C Actuarial methodologies, primarily pricing.
• Experience with pricing tools such as Radar Base or other actuarial software.
• Familiarity with IT Platforms like Confluence and Jira.
• Ability to apply statistical and actuarial principles to pricing challenges and product management.

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