Description:
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Position: Pricing Actuary
Company: Reinsurance
Location: Singapore
Job ID: 38236
Responsibilities:
- Work with Senior Actuaries and Client Managers on client quotations focusing on timely delivery of quotes, pricing reports with the aim of achieving a profitable outcome for the company.
- Ensure the quotations are in compliance with applicable government/regulatory and internal guidelines and requirements.
- Be familiar with internal guidelines and risk appetite and discuss the same with Client Managers.
- Work with Senior Actuaries on research projects such as derivation of incidence rates for Critical Illness products.
- Support the Head of Products with pricing support and provide input into the design of new products.
- Perform experience studies including but not limited to collating data, performing calculations, presenting analysis and document results.
- Use the above results to update or write pricing bases or Terms of trade for the key risks in various SEA markets.
- Ad-hoc projects.
Qualifications:
- Associate or Fellow of a recognized actuarial body.
- 5 - 7 years of experience.
- Excellent technical and analytical skills, logical and concise in approach and demonstrate attention to detail.
- Experience in pricing Critical Illness benefits will be advantageous.
- Strong Excel skills, strong VBA skills would be advantageous.
- Competent knowledge in AXIS is essential.
- A pragmatic approach to business pressure and agility are essential.
- Self-motivated and able to work within a team environment, outcome focused & demonstrated exceptional stakeholder management.
- Extensive knowledge and understanding of the products and insurance environment in at least one key SEA market.
- Strong communication skills in English.
- Knowledge of a SEA language will be an advantage.
- Role may require some occasional travel to SEA markets to meet with key clients along with the relevant Client Managers.
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