Area：Manila City
Industry Category：Sciences
Position：Actuarial / Statistics
Department：
Number Of Recruits：several
Nature Of Work：Full Time
Gender Requirements：Male
Marriage Requirement：No marital status restrictions
Education Level：Open to all levels
Work Experience：No work experience restrictions
Age：Above 18 years old
Salary Package：Negotiable
The Actuarial Division is one of the major frontline divisions of the IC and performs the following functions:
Reviews and evaluates actuarial formulations and assumptions used in the determination of premium rates, contract prices and contribution rates, reserves, nonforfeiture values, termination values, and benefit levels.Reviews and evaluates viability studies for insurance and pre-need products submitted by Life Insurance Companies, Mutual Benefit Associations (MBAs) and Pre-Need Companies.Verifies the consistency and conformity of the provisions of the policy and pre-need contracts, MBA’s implementing rules and regulations, certificates, and other related forms with the corresponding actuarial formulations and assumptions used.evaluates applications for change in reserve valuation bases and policy loans interest rates.Interested applicants are likewise directed to submit the following requirements to ichrdhiring[at]insurance.gov.ph or ichrdhiring[at]gmail.com:
Application/Cover Letter addressed to:
The Deputy Insurance Commissioner
Management Support Services Group
1071 United Nations Avenue, Manila
Updated CV/Resume/Personal Data Sheet
Diploma
Transcript of Records
Certificate of Eligibility/Rating
Certificate of Training Attended
Submitted documents shall undergo evaluation based on our recruitment guidelines.