Bangkok

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Products

Reserving

Reporting

Risk

Systems

Python

Modelling

Data Science

Experience Analysis

Pricing

Longevity

Power BI

Tableau

MATLAB

Microsoft Azure

This position will ensure the alignment of the strategy, policy, guideline, and procedures of actuarial pricing management. This position is responsible for developing actuarial models, performing technical pricing and product testing, performing experience analyses of key pricing assumptions (as may be required), and providing actuarial analyses/pricing/product development support to other departments.Responsibilities :<ul><li>Actuarial Pricing and Product Development</li><li>Develop product-related actuarial models to calculate premium rates and other policy values of the product</li><li>Provide support for product design and review and provide comments on product features with consideration to risks and regulations</li><li>Develop product-related actuarial models to perform profit testing of the product</li><li>Ensure the appropriateness of assumptions used in profit testing such that they reflect expected future behavior of the products</li><li>Review policy contract provisions to ensure alignment with product design, provide comments and raise issues if necessary</li><li>Prepare product-related documents to support filing of the product to the regional office and regulator for approval</li><li>Provide answers/discuss with regional office's staff and regulator related to product filing</li><li>Actively participate in Product Development Implementation Team to discuss and provide comments on product development issues</li></ul><ul><li>Experience Analysis</li><li>Perform experience analyses of key assumptions e.g. claims, mortality, and persistency</li></ul><ul><li>Sales Material Support</li><li>Provide support on sales material development e.g. sales illustration system, product brochures, agency manual, training materials</li></ul><ul><li>Support Other Functions</li><li>Provide support to other functions e.g. day-to-day operation issues, product information, complaints handling, communicate technical information to internal and external customers in non-technical terms</li><li>Review product specifications, prepare information for setting up new products and modifications of existing products, perform User Acceptance Test (UAT)</li><li>Involvement in preparing product proposal to partner especially sales compensation determination to ensure competitiveness and profitability measures are met</li></ul>Qualifications :<ul><li>Bachelor’s or Master’s Degree in Actuarial Sciences, Statistics, Mathematics, Finance, or related field</li><li>3 – 5 years of experience in Actuarial Pricing, Product Development, or other related areas in insurance or banking business</li></ul>

Job Summary:Responsible for leading development of technical pricing models for AAGI insurance products, leading portfolio steering, assessing trends in loss ratio development across AAGI products and channels, and providing support in pricing and profitability analysis in assessing business cases.Role and Responsibilities:<ul><li>Responsible for end to end development and maintenance of Technical Pricing Model for AAGI Portfolio.</li><li>Lead development of portfolio renewal process including renewal optimisation and portfolio cleaning activities.</li><li>Providing technical and commercial pricing recommendations as well as active role in the end to end pricing implementation, working collaboration with UW, Product, Distribution, and Operation.</li><li>Supporting and mentoring junior team members.</li><li>Presenting analysis/report and advising Senior Management on implications and limitations.</li></ul>Required Experience:<ul><li>6+ years experience, as non life actuary.</li><li>Technical modelling experience preferable.</li></ul>Required Education:<ul><li>Bachelor Degree or Higher in Actuarial Science, Risk Management or other related fields.</li><li>Good Progress in Actuarial exams, Actuarial Associate or Fellow is advantageous.</li></ul>

This position will mainly act as the actuarial technical lead in the IFRS 17 reporting as well as the implementation of TFRS 17 for Allianz Ayudhya.The role as a technical lead will required to have:<ul><li>Natural aptitude in looking into / handling details, with unwavering curiosity to drive investigation / understanding of results to the fullest.</li><li>Excellent actuarial technical &amp; logical thinking skills to confidently articulate complex actuarial IFRS17 results / findings, and report to Chief Actuary / senior finance team / Regional / Group Office in a concise and succinct manner.</li><li>Act as go to person regarding IFRS17 topics for the Actuarial Department.</li><li>Able to lead, coach, challenge and motivate junior members of the IFRS17 team, and help team to improve over time.</li></ul>Your Day at Allianz Ayudhya1) Actuarial Valuation (IFRS 17)<ul><li>Be the actuarial technical lead in the IFRS 17 reporting.</li><li>Lead juniors in Corporate Actuarial and work closely with other local parties (e.g. Accounting, Investment and IT) to deliver all IFRS 17 business-as-usual (BAU) reporting deliverables as well as analyses.</li><li>Present analysis on the IFRS 17 Operating Profits to internal management &amp; regional/Group office.</li><li>Ensure the compliance of the IFRS 17 valuations with the IFRS 17 standards and Allianz Group internal policies and complete the regular audits. Optimize the valuation basis where appropriate.</li><li>Work with modelling team to automate &amp; streamline the IFRS 17 reporting process, to reduce the turnaround time.</li><li>Develop juniors in the technical understanding of IFRS 17.</li></ul>2) TFRS 17 implementation<ul><li>Work closely with Accounting &amp; IT and support the coordination of TFRS 17 implementation. Present project status, issues and any relevant technical topics in the working group meeting or as required.</li><li>Be the actuarial technical lead in the local implantation. Perform gap analysis and work with relevant parties to close the gaps. Study, propose and document the local positions on the various TFRS 17 technical topics.</li><li>Work with local reporting team to operationalize TFRS 17 as BAU reporting, ensuring the required systems &amp; processes are in place.</li><li>Participate in industry discussions / working groups in relation to TFRS 17.</li></ul>3) Actuarial Model Enhancement<ul><li>Guide junior staff and work with modelling team to define the requirements in developing and updating the actuarial model.</li><li>Perform independent review of model changes and complete model UAT. Quantify the financial impact and properly communicate the impact locally and to the regional/Group office.</li><li>Define outstanding issues of model/ methodology changes and follow-up on the implementation.</li></ul>4) Financial Modeling for Planning Dialogue / Strategic Dialogue<ul><li>Perform financial modeling in the annual budgeting exercises. Deliver all requirements timely and in good quality.</li><li>Provide analysis on the projections to explain the underlying drivers, for both internal management and for regional/Group office.</li></ul>5) Annual Assumption Review<ul><li>Lead juniors to complete annual assumption study (selected experience) as assigned. Analyze the experience * propose assumptions to Chief Actuary.</li></ul>Must Have<ul><li>Bachelor’s or Master’s Degree in Finance, Actuarial Sciences, Economics, Financial Engineering, or other related fields</li><li>Minimum 7 years experience in Reinsurance, Actuarial Valuation, Actuarial Pricing, or other related fields in insurance, preferably in Actuarial Valuation</li></ul>Nice to Have<ul><li>Knowledge of programming languages for statistical analysis and mathematical modelling (e.g. R, Python, Matlab, SQL)</li><li>Experience in data analysis and visualization as well as interpreting KPIs (e.g. PowerBI, Tableau)</li><li>Knowledge of data analytics software for insurance (e.g. Quantemplate, Reliable Software)</li><li>Knowledge of collaborative project management tools (e.g. Trello, JIRA, Asana)</li><li>Experience with cloud-based tools (e.g. Microsoft Azure, AWS)</li><li>Risk management and assessment skills</li><li>Mathematics and statistical/ actuarial knowledge</li><li>Programming skill for Internal Risk Capital Calculation</li><li>Strongly knowledge for Valuation, Corporate actuarial from life Insurance</li><li>Quantitative and analytical thinking skills</li><li>Coordination and communication skills with excellent in English communication</li></ul>

Your day at Allianz<ul><li>Leading the modelling projects, including the implementation</li><li>Responsible for report analysis and provide recommendations to Senior Managements in occasions</li><li>Analyzing statistical data in order to carry out the calculation of premium tariffs by making use of various mathematical and statistical concepts.</li><li>Engage in various actuarial analyses</li><li>Supporting the modelling, using the model for daily work</li><li>Monitoring of risks in order to ensure that excessive risk is not being undertaken by the organization.</li><li>Collaborate with Underwriting and Product Department for product pricing.</li><li>Collaborate with Allianz Regional Office and external actuary for valuation</li><li>Pursue a professional actuarial designation from a recognized association</li></ul>Must have<ul><li>Bachelor's degree or higher in Actuarial Science, Engineering and Computer Science</li><li>Minimum 8 years of experience in actuarial roles: product pricing</li></ul>Nice to have<ul><li>General Insurance Knowledge</li><li>Strong mathematical and statistical actuarial skills</li><li>Business Acumen, Problem Solving, Customer Focus, Pro-activity, Results Oriented, Communication &amp; Influence, Collaboration, Develop &amp; coaching, Change Management &amp; Innovation</li><li>Accountability, Confidence, Eager for development</li><li>Fluent in English communication</li></ul>

We are looking for someone who is pursuing a professional actuarial designation from a recognized association.Your main responsibilities will be:1. Analyzing statistical data in order to carry out the calculation of premium tariffs by making use of various mathematical and statistical concepts. Engage in various actuarial analyses.2. Monitoring risks to ensure that the organization does not undertake excessive risk.3. Presenting reports and explaining their implications to senior management, and advising on risk limitations.4. Working with IT professionals to develop systems needed to meet regulatory requirements.5. Collaborating with Underwriting and Product Department for product pricing.6. Collaborating with Allianz Regional Office and external actuary for valuation.

Responsibilities:<ul><li>Lead modelling projects, including implementation</li><li>Analyze statistical data to calculate premium tariffs using mathematical and statistical concepts</li><li>Collaborate with Underwriting and Product Department for product pricing</li><li>Monitor risks to ensure the organization is not undertaking excessive risk</li><li>Collaborate with Allianz Regional Office and external actuary for valuation</li><li>Pursue a professional actuarial designation from a recognized association</li></ul>Requirements:<ul><li>Bachelor's degree or higher in Actuarial Science, Engineering, or Computer Science</li><li>Minimum 8 years of experience in actuarial roles, including product pricing</li><li>Strong mathematical and statistical skills</li><li>Excellent communication skills in English</li></ul>Nice to have:<ul><li>General Insurance Knowledge</li><li>Business Acumen, Problem Solving, Customer Focus, Pro-activity, Results Oriented, Communication &amp; Influence, Collaboration, Develop &amp; coaching, Change Management &amp; Innovation</li><li>Accountability, confidence, eager for development</li></ul>

Job Description<ul><li>Analyze statistical data using mathematical and statistical concepts to calculate premium tariffs and perform various actuarial analyses.</li><li>Monitor risks to ensure the organization is not undertaking excessive risk.</li><li>Present reports to senior management, explain implications, and advise on risk limitations.</li><li>Work with IT professionals to develop systems that meet regulatory requirements.</li><li>Collaborate with Underwriting and Product Department for product pricing.</li><li>Collaborate with Allianz Regional Office and external actuary for valuation.</li><li>Pursue a professional actuarial designation from a recognized association.</li></ul>About AllianzWe at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Milliman is seeking talented fresh graduates to join our general and health consulting team in Bangkok. The candidates can expect to be involved in:<ul><li>actuarial reserving;</li><li>mergers and acquisitions; and</li><li>general and health products pricing;</li><li>business / product strategy work</li><li>profile risks analysis;</li></ul>This role will involve exposure to work in Thailand and other markets around the region and may involve international travel from time to time. A strong focus will be placed on the continuous technical and professional development of the candidates, with a view of the candidates taking senior responsibilities in the near future.The candidates may be fresh graduates or have less than two years of working experience in the general or health insurance industry. The ideal candidates must be talented in quantitative work, strong analytical and problem solving skills, have good written and verbal communication skills, client-focused and is able to work both independently and in a team environment.Behaviors<ul><li>Team Player: Works well as a member of a group</li><li>Loyal: Shows firm and constant support to a cause</li><li>Innovative: Consistently introduces new ideas and demonstrates original thinking</li><li>Enthusiastic: Shows intense and eager enjoyment and interest</li><li>Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well</li><li>Dedicated: Devoted to a task or purpose with loyalty or integrity</li></ul>Motivations<ul><li>Job Security: Inspired to perform well by the knowledge that your job is safe</li><li>Entrepreneurial Spirit: Inspired to perform well by an ability to drive new ventures within the business</li><li>Financial: Inspired to perform well by monetary reimbursement</li><li>Peer Recognition: Inspired to perform well by the praise of coworkers</li><li>Growth Opportunities: Inspired to perform well by the chance to take on more responsibility</li><li>Goal Completion: Inspired to perform well by the completion of tasks</li><li>Flexibility: Inspired to perform well when granted the ability to set your own schedule and goals</li></ul>

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