​JOB PURPOSE:

• Participate in designing new products
• Price new products, revamp current products
• Perform relevant actuarial tasks including modeling, and technical support for salesforce
• Cooperate with relevant departments in launching new products, completing product guidelines
• Support sale channels and customer service departments
• Perform other tasks upon the manager’ requests

1, Participate in designing new products:

• Cooperate with relevant departments (sales, bancassurance, marketing) to research market demand, and competitors’ products, and compare the company’s products to competitors’ products to identify the differences.
• Propose ideas on new products from a product development perspective

2, Price new products, and revamp current products:

• Participate in evaluating, proposing, and setting up pricing assumptions
• Participate in determining the appropriate pricing model for each product including benefits cashflow, financial KPI, premium rates, policyholder’s cashflow, premium comparison with other similar products in the market
• Perform pricing reports and related pricing documents
• Calculate commissions, expenses, or exclusive payments for special channels such as digital channel, tele sale channel
• Participate in providing pricing guideline

3, Product Monitoring:

• Monitoring profitability of product and supporting line manager to proposal suitable management actions for future product strategy.

4, Perform relevant actuarial tasks:

• Work with reinsurer on reinsurance rates, perform reinsurance reports periodically
• Provide comments on risk assessment and underwriting from a product development perspective
• Propose relevant comments on other actuarial tasks

5, Cooperate and support relevant departments in launching products, and complete product regulations and guidelines:

• Discuss with other internal and external stakeholders on product features, illustrations, regulations and product guidelines, product configuration documents
• UAT for business functions in IT systems (SAP, EBAO, or other systems)
• Participate in conducting and completing product regulations

6, Support sales and customer services:

• Support relevant departments of HO (claim management, policy management…)
• Support branches following their requests

7, Other tasks upon the manager’s requests:

• Provide assessments/information following relevant departments (for example, Bancassurance)
• Provide figures following requests of auditors
• Provide comments on relevant plans of the company

1. Qualification: Good university degree in actuarial, finance, mathematics, statistics or economics
2. Experience: 3-4 year experience in a Life insurance company at least, Vietnam market is preferred
3. Certification: 3-4 actuarial exams from the popular International Society of Actuarial if preferable
4. Language: Good at English and Vietnamese

• Degree: Bachelor
• Job type : Permanent
• Age: Unlimited
• Salary: Competitive