Actuarial Specialist (Hybrid)
Sprout Solutions
- Mandaluyong City, Metro Manila
- Permanent
- Full-time
The primary responsibility of the Actuarial Specialist plays a crucial role in creating, testing, managing, and implementing the line of products and services related to actuarial and retirement work. This includes ensuring the profitability and sustainability of actuarial services, providing strategic direction to the management on how to maintain and provide actuarial services that are at par with standards, and organizing pipelines to ensure continuous service delivery.TASKS:
- Deliver Actuarial Products and Services to Clients: Provide high-quality actuarial products and services to clients, ensuring accuracy, compliance, and client satisfaction. Also, prepare comprehensive actuarial reports, including technical analyses, summaries, and recommendations, for clients and regulatory authorities.
- Client Relationship Management: Develop and maintain strong professional relationships with clients, actively engaging in client meetings, providing ongoing support, and identifying opportunities to enhance the value of actuarial services.
- Product and Service Development: Collaborate with cross-functional teams to design and develop actuarial products and services. Conduct market research, identify potential market, analyze trends, and identify customer needs to create innovative and competitive offerings.
- Profitability Management: Assess and monitor the financial viability and profitability of actuarial services. Analyze pricing structures, cost projections, and revenue streams to optimize profitability while maintaining a high level of service quality.
- Strategic Direction: Provide strategic guidance to senior management based on your actuarial expertise. Identify opportunities for growth, anticipate market changes, and develop strategies to stay ahead of competitors.
- Pipeline Management: Develop and implement efficient processes and workflows to manage the actuarial services pipeline. Ensure timely delivery of services, effective resource allocation, and alignment with client expectations.
- Risk Assessment and Mitigation: Utilize actuarial methodologies and statistical models to assess and mitigate risks associated with actuarial services. Provide recommendations on risk management strategies to minimize financial exposure.
- Regulatory Compliance: Stay updated on relevant regulatory frameworks, guidelines, and industry best practices. Ensure that actuarial services adhere to applicable laws and regulations.
- Financial Modeling: Develop and maintain actuarial models, utilizing statistical and mathematical techniques to predict future trends, assess liabilities, and evaluate financial performance.
- Team Collaboration: Work closely with cross-functional teams, including underwriters, data analysts, and financial experts. Foster a collaborative environment, share knowledge, and provide guidance to ensure effective teamwork.
- Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Professional certification and licensure as an actuary is highly desirable.
- Strong analytical and problem-solving skills with a deep understanding of actuarial principles and methodologies.
- Experience in product development and managing actuarial services is preferred.
- Proficiency in relevant actuarial software and tools.
- Excellent communication and interpersonal skills to effectively interact with stakeholders at all levels.
- Strong organizational and project management abilities to handle multiple priorities and meet deadlines.
- I intend to apply for a position with Sprout Solutions Inc.
- I voluntarily sent my Resume/CV to Sprout Solutions Inc.
- I agree to give my consent to my personal and sensitive Information for facilitating my application with Sprout Solutions Inc., In accordance with