Manager, Pricing

Company & Location

MetLife Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Position

Manager, Pricing

Responsibilities

• Manage pricing for Nepal.
• Support Nepal team in various actuarial activities related to product pricing.
• Provide production steward reviews for new Prophet models for pricing new products.
• Develop strong working relationships and strategic partnerships with internal clients (Dev team, QA team, local office, IT and other users of models) to ensure high customer satisfaction.
• Guide a team of Nepal-based experienced actuarial students on product pricing related activities and maintain focus on core deliverables.
• Ad-hoc projects for the Regional Product Review team to perform independent product reviews for Asian countries.
• Support automation projects such as actuarial model development for new products, illustration part, product calculator, etc.
• Develop / enhance pricing models for new product initiatives.
• Price products using appropriate assumptions and ensure financials and risks meet company’s guidelines.
• Communicate effectively and present financial metrics to Appointed Actuary and Regional Office to seek product approval.
• Coordinate efforts to file applications with various stakeholders to allow operations of products and services.
• Assist Nepal team to respond to queries raised from regulator to obtain regulatory approval for new viable insurance products.
• Work closely with department management to introduce new products and features into underwriting and claims departments daily functions.
• Contribute knowledge and expertise toward executive presentations to senior management.
• Active delegation and execution of work while maintaining focus on quality, timeliness, and effective communications.
• Provide desired output using actuarial software like PolySystems, Prophet, Product pricing related systems.

Qualifications

Seniority Level

Not Applicable

Employment Type

Full-time

Job Function

Marketing and Sales

Benefits

Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East. Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible. Join us!

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