Chief Pricing Strategist

4 days ago


Jakarta, Jakarta, Indonesia Luminare Consulting Full time

Job Overview

Luminare Consulting seeks a seasoned actuary to spearhead our pricing strategy. The ideal candidate will possess a deep understanding of customer value and preferences, as well as the ability to analyze complex data and make informed decisions.

About the Role

  • The Senior Pricing Actuary will contribute to the growth and success of the organization through strategic planning and goal setting.
  • This role involves leading analysis work to support product strategy, taking into account customer preferences, market trends, competitiveness, and risk appetite.
  • The successful candidate will develop an understanding of customer value and collaborate with proposition owners to focus on customer propositions.
  • They will lead research and development of new product ideas, simplified underwriting solutions, alternative investment or reinsurance strategies, and ad hoc deep dives on products from competitors or other business units.
  • The Senior Pricing Actuary will act as a second-line reviewer for new product initiatives, critically challenging risk-return tradeoffs and ensuring consistency with corporate pricing standards.
  • They will prioritize and execute pricing strategy effectively by collaborating with accountability owners.
  • This role also involves providing guidance and mentorship to junior pricing team members and the broader pricing team to enhance overall capability levels.

Requirements

  1. A minimum of a Bachelor's Degree in Actuarial Science, Mathematics, or Statistics.
  2. Minimum 7 years of experience in actuarial roles in the life insurance industry, including pricing, valuation, risk management, or related fields.
  3. FSA, FSAI, or equivalent certification.
  4. Excellent analytical ability to solve complex problems and sound actuarial judgment to recommend balanced decisions for the business.
  5. Strong verbal and written communication skills to convey key ideas and results clearly tailored to the target audience.
  6. People leadership skills to provide an inclusive and engaging environment, build capabilities, and manage for high performance.
  7. Organizational skills, time management, and prioritization to balance multiple concurrent deliverables in a fast-paced environment while ensuring quality output.
  8. Strong negotiating and influencing skills to collaborate effectively with colleagues across the organization and external stakeholders.


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