Head of Pricing Actuary

One of the multinational life insurance companies in Jakarta is currently in the market for a high profile leader to become the Head of Pricing Actuary for the organization.

Head of Pricing Actuary

Salary: Competitive and based on experience

Location: Jakarta

Keywords: actuarial expertise, pricing strategy, insurance analytics, team collaboration, risk assessment, data-driven decision making, stakeholder engagement, regulatory compliance

An esteemed Life Insurance Company in Jakarta is seeking a Head of Pricing Actuary to lead their pricing function and drive the development of robust actuarial strategies. This pivotal role offers you the chance to shape the future of pricing within a highly respected organisation, where your analytical acumen and collaborative approach will be valued at every turn. You will have the opportunity to work alongside a knowledgeable team, influence key business decisions, and ensure that pricing models are both competitive and sustainable. The company is committed to fostering an inclusive environment with flexible working opportunities, generous pension contributions, and ongoing training opportunities to support your professional growth. If you are passionate about using data-driven insights to make a meaningful impact and thrive in a supportive leadership structure, this is the perfect next step for your career.

• Play a central role in shaping pricing strategies for a leading insurance provider in Jakarta, ensuring products remain competitive while supporting long-term business sustainability.
• Benefit from flexible working opportunities, generous pension contributions, and access to continuous training designed to help you grow professionally and personally.
• Join a collaborative and supportive team environment where your expertise will directly influence business outcomes and contribute to a culture of shared success.

What you'll do:

As Head of Pricing Actuary based in Jakarta, you will play an instrumental role in guiding the strategic direction of the organisation’s pricing initiatives. Your day-to-day responsibilities will involve collaborating with cross-functional teams to develop forward-thinking solutions that balance competitiveness with prudent risk management. By leveraging your deep understanding of actuarial principles and market dynamics, you will ensure that all products are priced accurately while meeting regulatory requirements. Success in this position requires not only technical proficiency but also strong interpersonal skills; you will be expected to communicate complex concepts clearly to both technical colleagues and non-technical stakeholders alike. Your ability to foster teamwork within your department while driving continuous improvement across processes will be essential as you help shape the future trajectory of the business.

• Develop and implement comprehensive pricing strategies across multiple insurance product lines, ensuring alignment with organisational objectives and market trends.
• Lead, mentor, and nurture a team of actuaries by providing guidance on technical matters as well as fostering their professional development through knowledge sharing.
• Collaborate closely with underwriting, product development, finance, and other departments to ensure pricing models reflect current risk profiles and regulatory requirements.
• Conduct thorough actuarial analyses using advanced statistical techniques to evaluate profitability, monitor performance, and recommend adjustments as needed.
• Oversee the design, maintenance, and enhancement of pricing tools and models to improve accuracy, efficiency, and responsiveness to market changes.
• Present complex actuarial findings in an accessible manner to senior management and key stakeholders, supporting informed decision-making processes.
• Ensure all pricing activities comply with relevant local regulations and industry standards by maintaining up-to-date knowledge of regulatory changes.
• Drive innovation in pricing methodologies by staying abreast of emerging trends in actuarial science, technology advancements, and competitor activity.
• Support the integration of new technologies or data sources into existing pricing frameworks to enhance predictive capabilities and operational effectiveness.

What you bring:

The ideal candidate for Head of Pricing Actuary brings substantial experience from within the insurance industry coupled with recognised actuarial qualifications. Your background should include hands-on involvement in designing sophisticated pricing models as well as exposure to regulatory environments relevant to Indonesia. In addition to technical prowess—particularly around statistical analysis—you possess excellent interpersonal abilities that allow you to build trust-based relationships across all levels of the organisation. Your previous roles have seen you successfully manage teams by creating nurturing environments where everyone feels empowered to contribute their best work. A passion for continuous learning ensures you stay ahead of industry developments while your collaborative mindset helps drive collective achievement throughout your department.

• Extensive experience in actuarial roles within the insurance sector with a proven track record in developing effective pricing strategies for diverse product portfolios.
• Professional qualification as an actuary (such as FSAI/ASAI or equivalent) demonstrating advanced technical knowledge and commitment to ongoing professional development.
• Strong background in statistical modelling, data analysis, and use of actuarial software tools such as Prophet or similar platforms.
• Exceptional communication skills enabling you to explain intricate actuarial concepts clearly to both technical teams and senior management.
• Demonstrated ability to collaborate effectively across departments including underwriting, finance, product development, and IT functions.
• Experience managing or mentoring actuarial teams with a focus on nurturing talent through supportive leadership practices.
• Up-to-date understanding of local regulatory frameworks governing insurance pricing along with awareness of global best practices.
• Proven ability to adapt quickly to changing market conditions by integrating new data sources or technological advancements into existing models.
• Commitment to fostering an inclusive workplace culture that values diversity of thought and encourages open sharing of ideas.

What sets this company apart:

This organisation stands out for its unwavering commitment to employee wellbeing and professional advancement. With flexible working opportunities tailored around individual needs, staff enjoy genuine work-life balance without compromising on career progression. Generous pension contributions underscore their dedication towards long-term financial security for employees. The company invests heavily in ongoing training programmes—ensuring everyone has access to resources that support both personal growth and skill enhancement. Their inclusive culture celebrates diversity at every level; team members are encouraged to share ideas openly within a supportive network that values kindness, empathy, and mutual respect. As part of this forward-thinking environment, you’ll find yourself surrounded by colleagues who are passionate about making a positive difference—both within the business itself and across the wider community it serves.

What's next:

If you are ready to take on this rewarding challenge as Head of Pricing Actuary in Jakarta—and want your expertise valued within a truly supportive environment—now is the time to act.

Apply today by clicking on the link provided; we look forward to connecting with talented professionals eager to make an impact.

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