Actuarial Officer - Product Setup & Statistics (Life Insurance)
Thai Group Holdings
Job Type
Description
Responsibilities
- Configure new insurance products and premium calculation formulas in the eBao system (LS & GLS) to support product launches and ensure actuarial accuracy.
- Maintain, update, and enhance product setup to comply with regulatory requirements and internal company announcements to ensure system readiness and accuracy.
- Analyze product features to design comprehensive test cases, including both standard and exceptional scenarios, covering New Business, Policy Entitlements & Privilege Rules, Commission, and Policy Printing.
- Collaborate with cross-functional teams to support actuarial operations:
- Work with the Marketing team to validate sales platform calculations, including premiums, benefits, and underwriting conditions.
- Coordinate with Operations to verify actuarial formulas and calculation logic.
- Collaborate with IT teams to resolve system issues and implement system enhancements.
- Develop and apply VBA programs to automate actuarial calculations such as surrender value calculation, policy conversion, and test case generation to improve testing speed and efficiency.
Qualifications
- Bachelors degree or higher in Actuarial Science, Mathematics, Statistics, Finance, or related fields.
- Strong understanding of actuarial principles and life insurance product structures.
- Experience in Product Setup, Policy Administration Systems, or eBao is an advantage.
- Proficient in advanced Excel functions.
- Experience with VBA/Macro development or willingness to learn.
- Knowledge of SQL, Python, or UAT/Test Design tools is a plus.
- Detail-oriented and highly responsible.
- Able to collaborate effectively with multiple teams and communicate technical information clearly.
- Strong problem-solving skills and ability to work under pressure.
- Fast learner with a positive attitude and teamwork mindset.
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Skills
About Thai Group Holdings
Thai Group Holdings Public Company Limited invests in and operates life insurance businesses, non-life insurance businesses, financial service businesses, and other related businesses with the mission to “create sustainable wealth and lead in well-being.” Thai Group Holdings engages in three main businesses: Life insurance business through Southeast Life Insurance (SE Life), Non-life insurance business through Indara Insurance (INSURE), Financial services including auto leasing and retail lending through Southeast Capital. Additionally, the company invests in related and new high potential businesses with the vision to be a leading group of wealth and well-being solutions in Thailand. Thai Group Holdings Public Company Limited is the insurance and financial services business arm of TCC Group.