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Head of Actuary (Insurance)

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Head of Actuary (Insurance)

  • Location:

    Jakarta

  • Sector:

    Monroe Insurance & Legal

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Irfan R

  • Contact email:

    irfan@monroeconsulting.com

  • Job ref:

    BBBH439323_1711095011

  • Published:

    24 days ago

  • Expiry date:

    2024-05-21

  • Client:

    Monroe Consulting Group

Monroe Consulting Group Indonesia is recruiting on behalf of a notable General Insurance company. Our respected client is seeking a qualified individual as Head of Agency. The position will be based in Jakarta, Indonesia.

Responsibilities:

  • Support management in valuation and regulatory approval.
  • Implement product development tasks, including setup, testing, and maintenance.
  • Conduct new business profitability analysis and provide strategic insights.
  • Review provisions, reinsurance treaties, term sheets, and marketing materials.
  • Drive improvement and optimization of pricing and discounting practices.
  • Maintain distribution compensation modeling.
  • Assist in ad-hoc projects aligned with company initiatives.
  • Implement rate filings accurately for desired geographic and market segmentation.
  • Coordinate closely with Valuation Actuary, Finance, Sales, and Marketing teams.
  • Contribute to innovative solutions and communicate outcomes to stakeholders.


Requirements:

  • Bachelor's degree in Actuarial Science, Mathematics, or related field.
  • At least 8 years of working experience in a related role
  • Proven experience in actuarial valuation, pricing, product development, and regulatory compliance for life assurance.
  • Strong analytical and problem-solving skills.
  • Effective communication and collaboration abilities.
  • Business acumen and technology-savvy.
  • Detail-oriented with a strategic vision.
  • Continuous self-improvement mindset.
  • Ability to drive decision-making and provide technical support.
  • Experience in maintaining solvency ratios and achieving financial targets.