ABOUT US:
PolicyStreet is a regional full-stack insurance technology (insurtech) group of companies providing cutting-edge digital insurance solutions to businesses and consumers in Southeast Asia and Australia.
PolicyStreet works directly with over 40 life, general, and takaful providers globally to offer a comprehensive range of products and services, which includes but is not limited to embedded insurance, customised employee benefits, financial advisory and aggregation of insurance, as well as the development of digital solutions to make insurance purposeful & simple for businesses and consumers.
As a licensed Reinsurer and General Insurer by the Labuan Financial Services Authority (LFSA), an approved Financial Adviser and Islamic Financial Adviser by Bank Negara Malaysia (BNM), and a licensee of the Australian Financial Services License by the Australian Securities and Investments Commission (ASIC), PolicyStreet is able to underwrite, customise policies, and provide unbiased advice to its clients and partners worldwide.
Through its regional group of companies, it serves more than 5 million customers with over US$ 6 billion in sum insured. In 2022, it was named as one of the 100 Leading Emerging Giants in the Asia Pacific by KPMG and HSBC and was recognised at the Top in Tech Innovation Awards 2022 for Most Value Creation. It was also awarded the Young Entrepreneurs Award in 2020 by ASEAN Business Advisory Council (ASEAN-BAC).
ABOUT THE ROLE:
You will join a growing team focused on profit-oriented pricing propositions and innovation. You will use your foundational pricing workflow, accuracy, documentation and reporting experience to assist in dynamic and creative pricing computation on standard and non-standard risks,
You will be working with a great bunch of energetic people in building and offering InsurTech solutions across South East Asia.
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
WHAT WE EXPECT OF YOU:
- Actuarial or statistics or data science
- Minimum 2 to 3 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)
- (Optional) Good exams progress from an international recognized actuarial association
Benefits
PERKS YOU'LL GET TO ENJOY WHILE WORKING HERE!
- Medical and Life insurance
- A wide range of health benefits - including optical, dental, and physiotherapy
- Opportunities to experience continuous and rapid growth as well as skills enhancement.
- Collaboration with an energetic team, that makes the work and learning a lot more fulfilling and fun
- We also have a well stocked pantry!
