Actuarial Product Owner, AI Pricing

This is a fully remote position, open to applicants in Singapore.

📋 Description

• Define and take ownership of the vision, roadmap, and priorities for the AI Pricing platform.

• Convert actuarial pricing workflows into user stories, business requirements, and acceptance criteria.

• Prioritize product features, balancing client demands, platform scalability, and risk management considerations.

• Oversee the product backlog and ensure successful delivery outcomes.

• Establish testing frameworks and success criteria for AI-driven pricing applications.

• Set validation standards, expected results, and performance benchmarks.

• Evaluate readiness for production deployment and provide release recommendations.

• Ensure the solution offers measurable value that exceeds standard AI tools.

• Offer subject matter expertise on life insurance pricing methodologies and models.

• Assist in the onboarding of new pricing models, products, and actuarial frameworks.

• Document pricing logic, assumptions, and governance requirements in collaboration with actuarial stakeholders.

• Coordinate efforts across actuarial, engineering, AI, architecture, testing, and client teams.

• Manage dependencies, risks, and stakeholder expectations across various workstreams.

• Collaborate with Chief Actuaries, pricing teams, IT departments, and model governance stakeholders.

• Simplify complex actuarial concepts into clear business and technology requirements.

• Present product updates, demonstrations, and strategic recommendations to senior leadership.

• Generate requirements, release notes, decision documents, and other high-quality documentation.

• Ensure that AI-generated outputs are transparent, traceable, reproducible, and auditable.

• Support compliance with actuarial governance, model risk management, and regulatory requirements.

• Advocate for responsible AI practices throughout pricing and actuarial workflows.

⛳️ Requirements

• Qualified or nearly qualified Actuary (FSA, FIA, FIAA or equivalent).

• Over 10 years of experience in life insurance actuarial functions, pricing, modeling, or actuarial technology.

• Strong hands-on experience with life insurance pricing models and actuarial software.

• Profound understanding of product pricing, profit testing, reserving methodologies, capital and RBC frameworks, IFRS 17 fundamentals, as well as product development and regulatory filing processes.

• Demonstrated experience collaborating closely with technology, modeling, or software development teams.

• Strong capabilities in stakeholder management and cross-functional leadership.

• Exceptional written and verbal communication skills suited for technical and executive audiences.

• Experience utilizing AI and LLM-based tools, with a solid grasp of their strengths, limitations, validation, and governance requirements.

• Background with actuarial software providers or consulting environments, especially Prophet (FIS), Moody's AXIS, MG-ALFA, RiskAgility, or other actuarial modeling platforms.

• Experience in Product Management or as a Product Owner.

• Exposure to transformation or digital innovation initiatives.

• Experience working with life insurers across Asia.

• Knowledge of participating, unit-linked, universal life, or investment-linked products.

• Basic skills in Python or SQL.

🏝️ Benefits

• Opportunity to influence the future of AI in insurance pricing.

• Work at the forefront of actuarial technology and product innovation.

• Collaborate with senior actuarial, technology, and business leaders throughout Asia.

• Impact the development of a market-leading AI platform.

• Integrate extensive actuarial expertise with strategic product leadership.