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Job ID: 32826
Job Openings by Title Assistant Manager / Actuary
Location Singapore
Description:
Position:		 	Assistant Manager / Actuary

Company:			Insurance Organization

Location:			Singapore

Job ID:			32826



Responsibilities:

-Product Scope: General Insurance Product Lines.
-Work on the cutting edge of innovation and develop new approaches to pricing of General Insurance products sold primarily through digital channels. Collaborate globally, in particular with UK Digital Garage, to create innovative products and models.
-Apply technical and analytical skills to adapt to emerging technologies and challenges. Work as part of the team to develop and create new Intellectual Property to interlink big data, customer behavior and other attributes related to risk assessment (e.g. underwriting) with the objective of reducing complexity and thus creating an enhanced customer journey.
-Involvement in all aspects of reserving, pricing, stress.
-Testing/capital modelling, reinsurance optimization, appraisal valuations, technical training.
-Provide support on global and regional product initiatives and work with strategy and other regional teams to provide product expertise and guidance
-Production of timely, relevant and accurate management information relating to new and existing products as required by the various stakeholders
-Support implementation of the product roadmap that has been set out for Asia Digital, working closely with business unit actuarial teams to finalize product specifications including pricing.
-Work closely with Digital Garage UK to create and price new GI products and concepts based on new sources of extensive data, going beyond what is traditionally available with reinsurers.
-In parallel use experience gained to develop new insights and contribute to machine learning experience.
-Be responsible for ongoing experience and cost monitoring of all digital initiatives across Asia.
-Participate in / Lead / Facilitate dialogue with regulators in relation to interpretation or changes required to help growth of digital products and distribution channels.

Qualifications:

-Qualified Actuary, with 3- 5 years’ experience with a focus on pricing of Life, Health and CI products.
-Advanced skills in developing algorithms and writing code, ideally related to or be able to be translated to machine learning code.
-Knowledge and experience in pricing GI products.
-Solid understanding of and experience in stochastic modelling.
-A good understanding of relevant regulatory frameworks.
-Fluency in English is mandatory.
-Excellent technical, analytical and problem-solving skills.
-Good communication and inter-personal skills.
-At least five years of GI Pricing experience.
-Proven hands-on ability to develop models for new products.
-Working in a multicultural environment.
-Asia and/or country experience an advantage.
-Good interpersonal skills and cultural awareness.
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