Senior Pricing Actuary (Life Insurance)

A leading financial services provider in Jakarta is seeking a Senior Pricing Actuary to join its actuarial team. This role offers the opportunity to shape pricing strategies through actuarial analysis while collaborating with cross-functional stakeholders. You'll be part of an inclusive, supportive environment that values professional growth, knowledge sharing, and continuous learning, with opportunities to further develop your expertise.

As a Senior Pricing Actuary, you will lead the pricing and profitability analysis of insurance products, ensuring competitive, sustainable, and compliant pricing strategies. Working closely with product, underwriting, finance, and marketing teams, you will provide actuarial insights that support business growth and strategic decision-making while contributing to continuous improvement within the actuarial function.

Key Responsibilities:

• Develop and maintain pricing models for new and existing insurance products.
• Conduct actuarial analyses to assess risk, profitability, and product performance.
• Partner with cross-functional teams to deliver data-driven pricing recommendations.
• Prepare pricing reports and present insights to senior management.
• Monitor portfolio performance and recommend pricing strategy enhancements.
• Ensure compliance with regulatory and internal pricing standards.
• Support the implementation of new pricing methodologies and actuarial best practices.
• Mentor junior actuaries and contribute to team capability development.

What you bring

• Minimum 8 years of actuarial pricing experience within the insurance industry, preferably in life or health insurance.
• Strong actuarial modelling skills using Prophet or similar software.
• Good understanding of Indonesian insurance pricing regulations.
• FSAI qualification is preferred.
• Proven experience leading pricing initiatives and cross-functional actuarial projects.
• Excellent analytical, problem-solving, and communication skills, with the ability to present complex concepts to non-technical stakeholders.
• Collaborative team player with experience partnering with underwriting, finance, marketing, and other business functions.
• Strong project management skills with the ability to manage multiple priorities and deliver high-quality results within deadlines.
• Leadership or mentoring experience is an advantage, with a commitment to continuous professional development.

What's next:

If you are ready to take your actuarial career to new heights within a supportive environment that values your expertise, apply now!

Apply today by clicking on the link provided.

Due to the high volume of applications we are experiencing, our team will only be in touch with you if your application is shortlisted.