Direct Asia (Thailand) Co., Ltd.

Job ID: BK-216080 | Location: Bangkok, Thailand
22 May 2020 Print Report Share

Direct Asia (Thailand) Co., Ltd.

Job ID: BK-216080 | Location: Sathorn, Bangkok, Thailand

Assistant Manager, Pricing

About this role:

The focus of this role is to lead specific pricing initiatives and support business initiatives for our Group, in Thailand and Singapore. In order to deliver the optimal portfolio mix and drive profitable growth,  you will 1) analyse and model data to draw actionable insights and 2) use diverse analytical tools and implement systematic processes to ensure that we are pricing in the most sophisticated way.

The individual must develop a close working relationship with the local management teams to deliver the optimal outcomes through pricing, marketing and sales.

 Key Responsibilities:

  • Work with data and employ a mixture of advanced predictive modeling, statistical techniques, and other advanced analytical skills to support business initiatives.
  • Enhance understanding of underwriting profitability, segmentation, and pricing through structured, insightful actuarial analysis.
  • Development and maintenance of structured data for business insights.
  • Distil complex analytical techniques and results into actionable insights and articulate their implications for business decisions and outcomes.
  • Develop new and iterate existing rating factors to ensure that DirectAsia remains the most sophisticated insurer in its markets.
  • Enhance internal data with external data sources to strengthen data quality.
  • Optimize the efficiency of the rating engines.
  • Monitor competitor activity and key pricing changes.
  • Implement consistent rating review and change processes alongside the IT team and local Underwriting functions.
  • Improve consistency and efficiency in the overall pricing cycle.
  • Develop enhanced reporting capabilities with the Business Intelligence Team.
  • Special projects as assigned, including the development of plans for new products or new geographical expansion.

Qualifications:

  • Bachelor's/master's degree in Actuarial or Statistics.  
  • A minimum of 3-year work experiences in actuarial and/or insurance pricing.
  • Good knowledge of motor insurance market and profitability.
  • Familiar with statistics computer program languages such as SQL, R and RADAR would be an advantage.
  • Understanding of Reinsurance and working closely with Reinsurers
  • Marketing and customer focus and result orientation.
  • Good communication in both English and Thai.

At DirectAsia Thailand, we offer an attractive remuneration package.  Our work culture is fun and open to ideas/suggestion.  This is an opportunity for those who want to expose to an international work environment.

To apply for this role, please submit your resume with expected basic salary online (by clicking on 'Apply Now').  We thank to all interested applicants, but only shortlisted candidates will be contacted for an interview.

Apply Now

Job Details:

  • Employment Type:

    Full Time, Permanent
  • Required Qualification :

    Degree
  • Required Experience :

    3 years
  • Job Functions:

  • Company Industry:

    Insurance / Pension Funding
  • Location:

    Sathorn, Bangkok, Thailand
  • Salary:

    Salary negotiable

Benefits:
Five-day work week
Performance bonus
Medical insurance
Dental insurance
Life insurance

Direct Asia (Thailand) Co., Ltd.
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