About FWD Group
FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 34 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information, please visit www.fwd.com
PT FWD Insurance Indonesia (“FWD Insurance”), a joint-venture insurance company and a part of FWD Group, previously known as PT Commonwealth Life, has successfully merged with PT FWD Life Indonesia (“FWD Life”) as of 1 December 2020 and will be known as FWD Insurance.
The merger of FWD Life and FWD Insurance has led to a more comprehensive range of products, including unit-linked insurance, individual & group term life insurance, individual & group personal accident insurance, and group medical insurance through technology driven-distributions such as agency, bancassurance, e-commerce, and corporate.
FWD Insurance is registered and supervised under Otoritas Jasa Keuangan (“OJK”).
FWD Insurance is a member of Indonesia Financial Services Alternative Dispute Resolution Center.
Responsible to support Head of Pricing Actuary for Preparing Rate, Product Approval Report, Reinsurance agreement, Pricing Analysis (VoNB, Profit Margin, BreakEven Year, Internal Rate of Return) for Product Pricing Department accurately in timely Manner).Develop Initial Product Pricing and assure assumptions alligning across product including discussion and negotiation with Distribution Channel.
Support Pricing Actuary initiative related to new products development
Managing product pricing profitability indicator to meet company requirement.
Performing product pricing process through product filling documentations, expense allowable, sales ilustrations, product assumptions – distribution mix, mortaity/morbidity, interest rate, lapse rate) to support business objectif
Assesing impact on profitability for any assumption changes in timely manner.
Managing and Develop junior staff
Requirements:
Degree holder in Actuarial/ Mathematics/ Statistics or other related discipline
At least 5 years life insurance experience specifically in product development and product pricing
Have skills in PROPHET software