Senior Pricing Associate (Insurance)

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

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PolicyStreet

Renew your insurance and road tax instantly, hassle-free. We're the BEST, but don't just take our word for it. See what our happy customers have to say!

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ABOUT US:

PolicyStreet is a leading InsurTech group, specialising in innovative digital insurance solutions for businesses and consumers in Southeast Asia and Australia. With a network of over 40 providers, we offer a comprehensive range of products, including embedded insurance, customised employee benefits, car insurance renewals, financial advisory, and digital solutions – making insurance straightforward, for everyone. Through our regional group of companies, we serve more than 5 million customers with over US$ 10 billion in sum insured.

WHAT YOU'LL DO:

  • Develop pricing strategy across all business lines (Motor and Non-Motor) based on sound technical finding to maintain profitability and align with business objectives and goals
  • Develop pricing projects, e.g. impact analysis, regulatory filing and experience studies while ensuring compliance with regulatory requirements
  • Product Portfolio Monitoring post-launch
  • Use data to define business KPIs, and build business models to assess the impact of key projects and opportunities
  • Work closely with Market Leaders to maintain competitiveness in business

Requirements

  • Experience in the Insurance Industry is a must have.
  • Degree in Actuarial Science, Data Science, or other Mathematics/Statistics based major.
  • Minimum 3 to 4 years in-house actuarial pricing experience or 1 to 2 years experience in actuarial consulting pricing experience.
  • Have experience doing ratemaking for all lines of businesses, specifically accident and health, property and miscellaneous, GIT and liability.
  • Solid understanding of the insurance industry including products, pricing structures, market trends and regulatory requirements
  • Possesses strong numerical and analytical skills
  • Proficiency in any relevant statistical software and programming languages (e.g., SQL, SAS, Python, R, or VBA)

Benefits

PERKS YOU’LL GET TO ENJOY WHILE WORKING HERE!

  • Dedicated learning opportunities & development plans to grow your career.
  • Young & energetic team with focus on Innovation & Collaborate, elevating a fun working culture.
  • Medical & Life Insurance extended to spouse & children. 
  • Flexi Benefits available for transport, dental, optical, traditional medicine etc. 
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* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰

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Tags: Consulting Git KPIs Mathematics Python R SAS SQL Statistics

Perks/benefits: Career development Health care

Region: Asia/Pacific
Country: Malaysia

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