Head of Actuary (Insurance)

  • Jakarta
  • Monroe Consulting Group
Monroe Consulting Group Indonesia is recruiting on behalf of a notable General Insurance company. Our respected client is seeking a qualified individual as Head of Agency. The position will be based in Jakarta, Indonesia.Responsibilities:Support management in valuation and regulatory approval.Implement product development tasks, including setup, testing, and maintenance.Conduct new business profitability analysis and provide strategic insights.Review provisions, reinsurance treaties, term sheets, and marketing materials.Drive improvement and optimization of pricing and discounting practices.Maintain distribution compensation modeling.Assist in ad-hoc projects aligned with company initiatives.Implement rate filings accurately for desired geographic and market segmentation.Coordinate closely with Valuation Actuary, Finance, Sales, and Marketing teams.Contribute to innovative solutions and communicate outcomes to stakeholders.Requirements:Bachelor's degree in Actuarial Science, Mathematics, or related field.At least 8 years of working experience in a related roleProven experience in actuarial valuation, pricing, product development, and regulatory compliance for life assurance.Strong analytical and problem-solving skills.Effective communication and collaboration abilities.Business acumen and technology-savvy.Detail-oriented with a strategic vision.Continuous self-improvement mindset.Ability to drive decision-making and provide technical support.Experience in maintaining solvency ratios and achieving financial targets.