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Job Description
Job Description:
We are seeking a highly skilled Pricing Manager to join our team in the life insurance sector. The ideal candidate will lead pricing initiatives, ensure regulatory compliance, and contribute to strategic product decisions through detailed actuarial and financial analysis.
Key Responsibilities:
- Conduct product profitability analysis, scenario testing, and sensitivity analysis.
- Monitor and analyze experience studies (e.g., mortality, morbidity, lapse, expenses).
- Review and adjust pricing in response to internal experience and market dynamics.
- Ensure all pricing methodologies comply with Financial Regulatory Authority (FRA) regulations.
- Prepare actuarial documentation and memorandums for regulatory submissions.
- Collaborate with cross-functional teams, including product, finance, marketing, and sales.
- Present pricing recommendations and insights to senior management.
- Lead and mentor a team of pricing analysts, fostering their professional growth.
- Drive continuous improvement in pricing tools, processes, and efficiency.
Job Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
- Progress towards or completion of an internationally recognized actuarial designation (e.g., FSA, FIA, CERA).
- Minimum of 5 years of actuarial experience in life insurance, with a focus on pricing.
- Strong knowledge of the Egyptian insurance market and FRA regulations.
- Proficiency in actuarial software (e.g., Prophet, MoSes) and data tools (Excel, R, Python, SQL).
- Excellent analytical, communication, and presentation skills.
- Ability to work independently and collaboratively within cross-functional teams.
- Fluency in English (written and spoken) is required.