I have completed my graduate degree in business information systems. Nonetheless, I am pursuing my career in actuarial sciences. Currently, I am working a junior actuarial analyst at Lombard International. I have viewed your profile and it seems very impressive to me. You have very diversified skills in resolving actuarial related issues. Moreover, I am inspired from your product development and benchmarking technique. These days, I am working on benchmarking and product development project for my Chinese clients. I need your help as I am facing some issues in evaluating best benchmarking techniques. Moreover, the investor has a limited budget to inaugurate its product in Chinese market. I do not have extensive and in-depth knowledge regarding cultural and industrial environment of China.
I have observed through your profile that you have previously worked as an actuarial analyst in which you resolved issues related to bid development, pricing, product development, benchmarking, research and analysis in Chinese market in a very sophisticated manner. I have knowledge of certain types of benchmarking such as collaborative benchmarking, SWOT, internal benchmarking, generic benchmarking, competitive benchmarking and peer benchmarking. However, I am confused that which is most adequate technique for the Chinese market? In addition, I have searched on internet and also asked my colleagues regarding some other techniques. However, these techniques are very conventional and I do not think so that any conventional technique will be appropriate for a well-developed market. Therefore, kindly help me choosing most innovative technique to fulfill the demands of my client. Secondly, I have list of product development technique but I am not sure which one will be most suitable for my client. Kindly have a look on the list below and recommend me most appropriate techniques.
• Conjoint analysis
• Actions steps
• Blind tests
• Bootstrapping
• Core benefit proposition
• Delphi methods
• Expert opinion surveys
• Formal planning
• Intention Surveys
• Multi-dimensional scaling
• Parallel processing
• Portfolio matrix
• Stakeholder analysis
If you want to recommend me any other technique regardless of this list, then it will be great favor from your side. I will wait for your earnest response.
This is the memo which I have written to David Cheng. Currently, he is working as senior actuarial analyst at Large Accounts Pricing at Aviva Canada. Previously, he has worked at RBC Insurance and Munich Re Canada. Prior to working in Canada, he has extensive experience of working in various corporations in China. He completed his graduation from University of Waterloo.
II. Joint Directory
I also developed my signature to build relationship with the people in the same field. I have joined several blogs and social media focus groups and proposed them solution for the problems they were facing. Moreover, I joined the directory developed by actuaries.org.uk in which there are lots of senior actuarial analysts. However, as I am fresher in this field so I offered them to provide my service voluntarily in any sense. My signature is as below:
III. Signature
Mr. ABC
Junior actuarial analyst
Lombard International
[email protected]
lombardinternational.com
"The strength to be there"