Actuary Pricing Manager

AllianzJakarta, JakartaOn-siteFull-timeSenior, 5–8 yearsListed 2 hours ago

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About this role

Key Responsibilities

- Partner with the Market Management and Product Development teams to finalize product designs, features, and specifications that meet customer and business requirements.
- Lead the pricing and profitability assessment of new insurance products through actuarial modeling and profit testing.
- Prepare, manage, and present pricing reports to internal stakeholders, regional offices, and regulatory authorities to secure product reviews and approvals.
- Build and maintain strong relationships with key stakeholders, including Market Management, Distribution teams, business partners, and regulators.
- Participate in cross-functional discussions on product development, pricing strategies, policy contract wording, and actuarial documentation.
- Support regulatory and statutory product filings, ensuring compliance with local regulations and internal governance standards.
- Oversee the development, enhancement, and maintenance of sales illustration systems and related actuarial tools.
- Identify, assess, and mitigate product risks throughout the product development lifecycle.
- Drive continuous improvement in pricing methodologies, actuarial processes, and product innovation.
- Lead, coach, and develop actuarial team members to strengthen technical capability and business impact.

Requirements

- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
- Minimum 7 years of actuarial experience, preferably within a multinational insurance company.
- Strong experience in product pricing, profit testing, and product development.
- Solid understanding of life insurance products and actuarial principles.
- Proven people management and leadership capabilities.
- Strong analytical skills with the ability to identify and anticipate product risks.
- Excellent stakeholder management and communication skills.
- Familiarity with AI, automation, or data analytics tools is an advantage.
- Proficiency in actuarial and analytical tools such as Excel, R, Python, SQL, Prophet, or similar platforms is preferred.

108103 | Actuarial | Professional | Non-Executive | Allianz Indonesia | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us . Let's care for tomorrow.