Discover your dream Career
For Recruiters

Senior Pricing Actuary

Munich Re Kuala Lumpur, Malaysia
Posted 12 days ago Permanent Competitive
Senior Pricing Actuary
Senior Pricing Actuary

Munich Re Retakaful, part of Munich Re - the world's largest reinsurer - is looking for a enthusiastic professional who is interested in technical actuarial pricing work, client interaction and enjoys the challenge of working in multiple markets and being part of a diverse team.

You will cover all aspects of pricing for Individual and Group Family Takaful business for all markets under Munich Re Retakaful. You will also oversee treaty drafting and experience studies, and therefore lead the end-to-end process of pricing a quote to monitoring the experience. Reporting to the Chief Commercial Officer, this pricing team consists of 5 individuals, which includes the Senior Pricing Actuary (this role) and 4 pricing analysts. Company Munich Re Location Kuala Lumpur , Malaysia

Your Role
  • Lead the delivery of pricing initiatives for Individual and Group Family Takaful products for all covered markets including Malaysia, Indonesia, and Pakistan, ensuring compliance with internal standards, proper risk assessment and best practice.
  • Manage resource prioritisations, delivery timeline and partners.
  • Collaborate with client managers, underwriters and client to develop new family takaful products/benefits with consideration of marketability and risk management.
  • Manage the end-to-end process of getting approval for quotes that exceed pricing authority (e.g. discussions with Regional Pricing, Underwriting and Claims team).
  • Develop the pricing team, providing team members with clear guidance and imparting technical knowledge to the team.
  • Develop pricing bases, pricing tools, and models.
  • Lead the treaty drafting and negotiations with clients, together with the client managers.
  • Lead treaty experience studies, collaborate with the regional experience analysis team to ensure consistent best practices, and present results and recommendations to internal stakeholders.
Job ID  5763L
More Jobs From Munich Re
Munich Re
Senior Pricing Actuary
Munich Re
Kuala Lumpur, Malaysia
11 days ago Full time Competitive
Munich Re
Senior Life Pricing Actuary
Munich Re
Singapore
26 days ago Full time Competitive
Munich Re
Senior Life Pricing Actuary
Munich Re
Singapore
25 days ago Full time Competitive
Munich Re
Senior Structuring Actuary
Munich Re
Tokyo, Japan
25 days ago Full time Competitive
Munich Re
Senior Actuarial Analyst, Valuation
Munich Re
Sydney, Australia
25 days ago Full time Competitive
Munich Re
Senior Actuarial Analyst, Valuation
Munich Re
Sydney, Australia
26 days ago Full time Competitive
Munich Re
Senior Structuring Actuary
Munich Re
Tokyo, Japan
26 days ago Full time Competitive
Munich Re
Office Administrator
Munich Re
Kuala Lumpur, Malaysia
13 days ago Full time Competitive
Munich Re
Office Administrator
Munich Re
Kuala Lumpur, Malaysia
13 days ago Full time Competitive
Munich Re
Property Underwriter
Munich Re
Sydney, Australia
1 day ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
More Jobs Like This
Munich Re
Senior Pricing Actuary
Munich Re
Kuala Lumpur, Malaysia
Manulife and John Hancock
Senior Manager, Actuarial Pricing
Manulife and John Hancock
Kuala Lumpur, Malaysia
Allianz
Actuarial Analyst, Pricing Dept
Allianz
Kuala Lumpur, Malaysia