Successful candidate will lead a team of Pricing and Portfolio Management (4 people) and report to our Chief Product Officer, Product Personal Lines (Asia Market).  He/she will evaluate and review best practices in A&H portfolio business management together with Business units to support the Accident and Health portfolio monitoring process, tools, and risk management framework.

MAIN JOB DUTIES: 

Pricing: 

• Responsible for technical pricing for both Individual and Group Accident & Health Lines of business across the four countries of Asia Market 
• Leverage best practices in pricing tools and modeling and customizing them for the region. 
• Define Renewal Strategy KPIs for Corporate SME and Individual Portfolio, Large Account Pricing. 
• Establish Data Analytics capabilities for Health, analyze interpret the health reports and, communicate key findings and drive actions based on them. 
   

Planning and P&L Overview: 

• Lead the Accident & Health Portfolio Planning and Portfolio management across all the segments of Health Insurance, including Corporate, SME, and Individual 
• Support the Chief Product officer in the strategic planning and regular business reviews of A&H strategy and actions to manage key business risk with local/regional/and global stakeholders. 
• Lead the Planning Cycle of the Health Portfolio along with the Finance with bottom-up approach for both top and bottom-line projections. 
• Lead management of the Portfolio Management process, including maintenance of the PMP tool and reporting to the Executive committee. 
• Authorize and Validate KPIs definition and methodology affecting financial figures (like FWA, Provider negotiations) 
• Ensure all the operational aspects of the Portfolio Management Process are discussed and agreed upon with the relevant stakeholders, including Finance, Underwriters, and claims Operations. 
• Monitor the Health sales performance versus forecasts, analyse discrepancies, identify trends, and develop action points. 
• Lead the study on critical assumptions on Inflation, Expenses, and Rate changes regularly. 
• Ensure all the validated assumptions are communicated to respective users and are monitored regularly through the portfolio management process. 
   

Other Key responsibility: 

• Participate in the Underwriting committee supporting the Underwriting committee with impact analysis on the portfolio. 
• Liaise and the Actuarial team on reserving and pricing process with inputs from the Business unit. 
• Validate and authorize all the Business cases for Health Line of business. 
• Lead the Product Committee on monthly basis 
   

MAIN REQUIREMENTS: 

• Bachelor’s degree in Actuarial Science, Mathematics, Economic or related disciplines
• Minimum of 8-year experience in product & pricing development or underwriting in insurance industry, focusing on product management in Life & Medical, PA and Travel products 
• Proven track record and solid experience in underwriting, risk management and portfolio management for Group and Individual business for both Local and IPMI A&H products.
• Exposure to in regional underwriting and pricing management will be an added advantage 
• Able to collaborate with stakeholders to drive positive business outcomes 
• Exceptional planning, analytical, decision-making and communication skills 
• Excellent command of both written and spoken English