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Unit Manager - Product Developme...

Allianz
New Cairo, Cairo
Allianz logo

Unit Manager - Product Development

New Cairo, CairoPosted 34 minutes ago
1 open position
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Job Description

  • ensure timely and accurate delivery by managing pricing reviews and aligning with business objectives and profitability targets to maximize product success and financial outcomes.
  • Provide comprehensive actuarial pricing activities, such as experience analysis, business planning, and pricing reviews by collaborating with actuarial teams, ensuring accurate and data-driven insights to support well-informed decision-making and optimal pricing strategies.
  • Conduct in-depth analysis and modeling for large portfolios and transactions, addressing ambiguity by utilizing analytical tools and frameworks to provide valuable insights for management’s strategic decisions.
  • Foster professional development and align team goals by offering mentorship, sharing company objectives, and guiding team members to build a high-performing and motivated team.
  • Work closely with corporate actuarial, sales, and finance teams to ensure that pricing strategies align with overall business goals and drive organizational success.
  • Lead the identification of opportunities to improve or redesign existing pricing tools by collaborating with IT and other departments to address emerging challenges and enhance operational efficiency.
  • Manage the creation of bancassurance proposals, ensuring the pricing models reflect value for money, fair revenue distribution, and profitability to create win-win solutions for customers, banks, and the company.
  • Lead the renewal and structuring of reinsurance treaties, ensuring optimal terms by analyzing reinsurance rates, conducting profitability studies, and aligning treaty design with the company’s risk appetite and capital efficiency objectives.     

Job Requirements

  • 7 - 10 years of experience in actuarial pricing or related functions, such as reserving or valuation.
  • Proven track record in structuring and leading projects within the actuarial domain.
  • Demonstrated experience in designing and developing actuarial tools and models.
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.

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