Senior Officer – Product Development
About this position
Responsibilities
Major Responsibilities / ACCOUNTABILITIES :-
• Profit testing which can be ensured that the results are accurate and trustworthy
• Providing in-depth analysis of profit results with rationale/ suggestions / comments to facilitate the next steps reviewer to understand the financial / operational key risks
• Develop premium rate that can ensure the company’s profitability & marketability
• Submit the report to get approval from TMA before launching date
• Making or supporting others on sale materials e.g. calculation files and so on
Reinsurance Administration
• Prepare reinsurance statements of account to the reinsurers and internal parties on regular basis (by quarterly, monthly etc.) which is including actual statement and estimation.
• Reinsurance analysis report (if any)
• Involving reinsurance project, assisting to UAT and ensure the accuracy of the results
• Be able to handle any system issues and cooperate with IT and reinsurers to provide the best solutions, minimize the risk incurrences.
Actuarial Projects assigned by supervisor, Analysis & OIC’s Reports
• Responsible for analysis of any assignments, not limited to regular report but also extended to ad-hoc by special requests.
• Be able to prepare experience analysis to support the profit testing such as lapse assumption, claim ratio or loss ratio etc.
• Prepare statistic reports required by OIC / TMA (regional office) for compliance.
Actuarial Projects assigned:
• Responsible for actuarial projects i.e. learning new jobs/knowledge to improve themselves, finding new method to improve department’s work flow.
Requirements
• Be able to prepare experience analysis and management reports supporting the product development
• Be able to handle actuarial projects assigned by supervisor.