Actuarial Specialist
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Posted on:
8 hours ago
Vacancies:
1 Vacancy
Job Summary
Ready to shape the future of actuarial strategy pricing and risk solutions
Were partnering with a leading financial services institution seeking an Actuarial Professional to drive product development pricing excellence valuation and risk management across multiple business lines. If youre passionate about creating innovative life insurance solutions optimizing existing products and using data-driven insights to enhance customer value and business sustainability this role places you at the center of strategic decision-making.
What Youll Do
Lead the development and pricing of new solutions across Embedded Risk Direct Life and Advisory business channels.
Design customer-centric solutions aligned with product management frameworks and future-ready standards.
Prepare pricing reports and contribute to product documentation required for new product approvals.
Collaborate with cross-functional teams to translate customer insights and data analytics into commercially viable offerings.
Review and update annuity rates to reflect market conditions and business risk appetite.
Re-price existing solutions to align with emerging experience and performance trends.
Conduct competitor analysis market size assessments and industry trend reviews to inform product strategy.
Develop and track key business metrics such as loss ratios persistency ALM matching and other performance indicators.
Monitor legislative changes and ensure all solutions remain compliant and competitive.
Work with internal stakeholders and external partners to create innovative and modular risk solutions.
Price forward-thinking solutions that integrate seamlessly with broader financial and banking offerings.
Support strategic innovation initiatives that strengthen customer value and market relevance.
Lead the annual pricing review process across all solutions.
Conduct experience investigations to identify trends and ensure accurate pricing assumptions.
Provide actuarial insights to enhance lead management and solution recommendations.
Ensure accuracy and consistency of system changes across life insurance and banking platforms.
Perform actuarial valuations including reserves Value of New Business (VNB) and Embedded Value (EV).
Prepare half-year and full-year valuation reports for statutory purposes.
Develop and run Regulatory Capital and Economic Capital (ECAP) calculations.
Support actuarial finance reporting and provide management information for risk oversight.
Contribute to the execution of risk management initiatives and strengthen actuarial governance.
Why This Role Matters
You directly influence product profitability capital efficiency risk exposure and long-term business sustainability.
Your insights shape solutions that meet evolving customer needs while reinforcing competitive advantage.
You enhance pricing discipline strengthen valuation accuracy and drive data-led decision-making across the organization.
Working closely with senior stakeholders your contributions feed into enterprise-wide product strategy financial planning and risk oversight.
Requirements
Bachelors degree in Actuarial Science Mathematics Statistics Insurance Finance or a related field (professional actuarial exams or Fellowship status is an advantage).
510 years of actuarial experience with at least 3 years in pricing valuations or risk management.
Strong understanding of actuarial modelling product pricing experience investigations and insurance regulatory frameworks.
Solid knowledge of capital management risk management and actuarial governance requirements.
Ability to work cross-functionally with product finance risk and executive leadership teams.
What You Bring
Strong proficiency in actuarial modelling pricing product development and experience analysis.
Understanding of insurance products and distribution channels.
Solid knowledge of regulatory frameworks including NAICOM guidelines solvency requirements and embedded value principles.
Hands-on experience with actuarial tools (Prophet R Python Excel or equivalent).
Ability to interpret data and translate findings into clear business insights.
Demonstrated ability to support strategic decision-making through technical actuarial input.
Proven ability to design improve and implement actuarial processes and governance frameworks.
Experience collaborating with multiple stakeholders across business units and board committees.
Ability to lead initiatives influence key decisions and manage cross-functional engagements.
Strong analytical investigative and problem-solving capabilities.
Ability to manage actuarial valuations pricing reviews capital assessments and risk evaluations.
High level of accuracy and attention to detail in reporting and model development.
Capacity to work in a fast-paced environment with shifting priorities.
Strong communication and presentation skills for executive board-level and regulatory engagements.
Ability to translate complex actuarial concepts into simple business-friendly insights.
Experience supporting governance committees through structured reporting and updates.
Proven track record of building trusted relationships across senior leadership and functional teams.
Challenges Youll Embrace
Balancing technical actuarial demands with strategic business support across multiple projects.
Managing pricing valuation and risk deliverables under tight deadlines while maintaining accuracy.
Strengthening actuarial governance processes and reporting frameworks across the organization.
Providing clear insights that align actuarial outputs with broader commercial and strategic goals.
Benefits
Competitive compensation package aligned with actuarial expertise and performance.
Opportunity to influence product strategy pricing and risk decisions across the business.
Executive-level visibility through regular interactions with leadership and governance committees.
Growth potential in a dynamic insurance environment with increasing demand for actuarial leadership.
Ready to Drive Actuarial Strategy and Business Insight
Company Industry
Non-profit Organizations
Key Skills
- General Services
- Apache Commons
- Community Services
- Fashion Designing
- Brand Communications
- Accident Investigation
