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Actuary for Product Solutions

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Job Description and Qualification:

The Actuary for Product Solutions will be responsible for the overall direction and execution of the product solutions strategy for the whole Philippine Operations in partnership with the Heads of the various business lines.  

  • Integrated product solutions management and strategy
  • Product Idea Generation
  • Product Pricing, Design and Development
  • Product Research and Analysis
  • Product positioning and communications
  • Product Training

Directs the development and implementation covering both wholly-owned and Joint Venture operations.

The Actuary will lead the Product Solutions Steering Committee and will be responsible for the efficient operation of the different Product Development Groups across business lines.

The ideal candidate must possess the following:

  • Graduate of Mathematics or Statistics and a Fellow of the Actuarial Society of the Philippines.
  • Has prerequisite management training or at least 5 year experience managing people.
  • With minimum 10 years of prior working experience in the insurance industry, including experience related to leading product development and/or product management functions.
  • Has expert knowledge of product development and thorough understanding of the product development process in the insurance industry in the Philippines
  • Expert knowledge of insurance and investment products offered in the Philippines and ability to understand and develop complex products.
  • Proficient level of knowledge of consumer and market research
  • Solid understanding of the regulatory environment related to insurance and investments
  • Excellent project management skills.
  • Strong leader/facilitator within a focus/working group environment
  • Ability to lead a team independently
  • Demonstrate a strong sense of accountability and ownership with minimum supervision
  • Strong team player.


PHP 4M – 5.9M