Group Pricing

FWD spans Hong Kong, Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam and Japan. In Thailand, established in 2012, FWD Thailand aims to provide customer-led insurance coverage whether it be savings, personal accident, retirement plans, or investment-linked insurance. Along with TMB, our bank partner and with over 900 staffs, we deliver fresh customer experiences and provide quality services to more than 900,000 customers nationwide. FWD is a fresh insurance company for aspirational people who are looking forward to their lives ahead. We believe that life is all about living your passion and pursuing happiness; its our commitment to empower people to live their lives to the fullest everyday. If you are looking for a company where can fuel your inspiration and cultivate your experience, join us on our exciting journey. Job Purpose - Perform actuarial more complexity pricing task in order to deliver group products based on request from any channels. - Solve any group product issues including deliver project and complex task ad-hoc that assigned from Lead of - Act as senior team member to coach and advice junior team member Key Responsibility Provide and validate Group Product Pricing Quotation - Prepare and review sales quotations, and update quotation model according to guidelines Prepare PAR approval report and Coordinate with Group Officer for approval process. - Coordinate with other departments on all product aspects. - Deliver and get the PAR done both quality and quantity. - Follow up and coordinate with Group Office to get product approval within timeframe - Provide experience analysis as initial proposed assumption such as loss ratio Review the pricing model both Prophet and Excel - Analyze and review the profitability and sensitivity results with reasonable sense check. - Be advisor and coach junior level on pricing task. Prepare OIC approval report, follow up and coordinate with OIC for all approval process. - Give initial advice and monitor on new and existing OIC regulations. - Initial consult with OIC for new product before send to approve in order to shorten approval time. - Maintain relationship with OIC Ad-hoc projects/request - Perform analysis/fact finding per requested by Chief Proposition Officer, Head of Pricing or Head of Group Product Pricing Others - Advice junior team member to deliver tasks per their assignments - Qualifications - Bachelors Degree or higher in Actuarial Science, Mathematics, Statistics, Engineering, or related field from recognized university - Strong analytical, logical thinking, MS Office. Thai and English speaking/writing ability preferred. Actuarial modelling skill, programming, database will be a plus. - Certification / License: FSA or ASA and taking actuarial exam is preferable - At least 7-10 years work experience in Product Pricing/Actuarial field. Experience with group business (including Credit Life) is preferable