Pricing Manager job opportunity at AXA.

Bachelor's (B.Sc.)

MAKATI CITY, Philippines

MAKATI CITY....Philippines

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The role is critical for handling retail lines pricing while also supporting all partnership requirements for pricing and quotation specific to motor partnerships and residential banca products. The role is also expected to support the business development side for any partnerships from the Partnerships Team, Affiliates, Alternative Channels and Emerging Customers including the portfolio monitoring and reporting of partnership performance to the management. Specific Pricing Mandates: Establish technical rates for motor and residential lines Design commercial rates which factors regulatory restrictions and market context to ensure competitiveness of rating structures Develop and maintain pricing models on an end-to-end basis from data preparation, reconciliation, exploratory data analysis, feature engineering, modeling and rate calculations Develop and maintain standard rates and partnership/group rates for motor and residential Drive the adaption of quotation tools to ensure proper use and implementation of standard rating structures Provide regular portfolio reports and analysis including recommendations on how to improve overall profitability of motor and residential Regularly review and update loss models to strengthen model accuracy and predictive power Drive the collection of new information for motor and residential to improve segmentations using more customer-related information Other mandates related to governance: Support organization and facilitation of the Technical Working Group and GI Technical Committee meetings Facilitate discussions to strengthen pricing controls and governance to ensure consistency of rating used on both new business and renewals Provide support on annual Strategic Planning exercise pertaining to expected loss ratios for motor and residential Drive regular market scanning of competitor rates which will serve as a benchmark for commercial pricing exercises To be successful: 1. Minimum of 4 years experience in non-life actuarial function on pricing and/or reserving for both retail and commercial lines 2. Associate/near Associate of the Actuarial Society of the Philippines and Casual Actuarial Society (highly preferred) 3. Strong background in predictive analytics/modelling including use of statistical modeling tools such as R, Python and SQL 4. Proven ability to engage and support business units particularly the Underwriting and Distribution teams with emphasis on pricing and portfolio management 5. Experience in handling team on technical development, coaching and workload management and the ability to handle multiple projects at the same time Please visit www.axa.com.ph/careers for more information. A global leader in insurance and investments, AXA takes care of 103 million lives in 64 countries worldwide. We actively invest in pioneering and personalized solutions to meet your ever-changing needs and exceed your expectations. In the Philippines, we are in partnership with Metrobank, one of the country's strongest banks. Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An. AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector. AXA now offers a complete range of products for all its customers’ insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products. AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents. AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines. The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.