Assistant Vice President - Actuarial Pricing

Job Responsibilities

To assist the Head of Actuarial Pricing in providing technical pricing and actuarial services to support the growth and profitability objective of Takaful Ikhlas General portfolio.

1. Technical Rating & Pricing (General Takaful)

• Calibrate Motor and Fire technical rating modules using Generalised Linear Models (GLM) or other relevant methodologies
• Support pricing and re-pricing initiatives across Motor, Fire, and Personal Accident (PA) lines
• Translate technical pricing outputs into commercially sound and viable recommendations that ensure products are adequately priced and aligned with business objectives
• Prepare and maintain comprehensive product and technical pricing documentation for internal and regulatory purposes
• Develop and enhance internal pricing tools, models, and quotation templates to improve efficiency and consistency
• Provide peer review and validation for Personal...