The ASG through the Actuarial Support Eligibility Test (ASET) is offering sponsorship to 20 deserving candidates annually to progress through the preliminary professional examination of the SOA/IFoA/CAA Global.
Role: Actuarial Officer.
The role of the Actuarial Officer (Product Development and Pricing) is to support the Head of Department in the end-to-end execution of product development, pricing activities, Prophet and DCS coding of both new and existing products within the company.
Profit test :- involves consideration of the cash-flows arising under a contract
-for assessing the expected profitability of that contract.It can be used to determine the premium or the level of charges under a contract.