Chubb Life: Assistant Vice President - Actuarial Pricing at Chubb

Bangkok, , Thailand -

Full Time

Start Date

Immediate

Expiry Date

16 Jun, 26

Salary

0.0

Posted On

18 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Pricing, Product Development, Pricing Strategies, Governance, Regulatory Compliance, Profit Testing, Risk Management, Prophet Models, Team Management, Stakeholder Management, Analytical Skills, Communication, Group Insurance, Partnership Channel, OIC Regulations, Mentoring

Industry

Insurance

Description

Lead the pricing function for Partnership channel, and Group business, ensuring robust governance, compliance, and innovative pricing strategies. Drive product launches, regulatory engagement, and team development to achieve company growth and profitability. The role requires a dynamic approach, supporting cross-functional teams and adapting to evolving business needs. Key Responsibilities Product Development & Pricing * Lead end-to-end product development and pricing for the Partnership channel and Group business, ensuring alignment with company targets. * Deliver regional product approvals, OIC filings, and profit testing results per actuarial standards. Maintain strong governance and risk management for partnership pricing. * Collaborate with product, sales, and operations teams to align pricing with business goals and market trends, ensuring effective risk management and delivering pricing solutions that support mutual growth. * Enhance governance and control of the pricing cycle. * Improve pricing processes and Prophet models for efficiency and effectiveness. * Support new initiative projects and provide pricing expertise to other teams as needed. Group Business * Develop and implement pricing strategies for group insurance products, including employee benefits and corporate solutions. * Work closely with partnership distribution team to tailor group offerings and ensure profitability. * Monitor group product performance and adjust pricing models to reflect market dynamics and client needs. Regulatory Compliance * Ensure compliance with OIC regulations and industry standards. * Stay updated on regulatory changes and assess their impact on pricing strategies. * Represent the company in TLAA and OIC meetings, handling related requests. Performance Analysis & Management * Monitor and analyze product and channel performance to ensure alignment with strategic goals. * Work with the Regional Pricing Team. Team Development * Mentor and manage a high-performing pricing team, fostering continuous learning and improvement. * Support team growth through guidance and skill development. * Promote collaboration and open communication to drive engagement and minimize barriers. Flexibility & Cross-Team Support * Provide pricing support and expertise to other business units as required. * Adapt to changing business priorities and participate in cross-functional projects.

Responsibilities

This role involves leading the end-to-end product development and pricing for the Partnership channel and Group business, ensuring alignment with company targets and maintaining robust governance. Key duties include driving regulatory engagement, improving pricing models, and monitoring product performance to achieve growth and profitability.