Pricing Actuary

  • 33330
  • Non-Life - Actuarial
  • |
  • Singapore
  • |
  • Feb 15, 2018
  • Provide actuarial pricing support to the underwriting operations in the Asia Pacific region. This includes setting pricing strategies, maintaining and developing rating tools, review and establish rating assumptions, case pricing and facilities pricing.
  • Ensure pricing framework and pricing models adhere to the underwriting and pricing standard.
  • Provide portfolio management support to the regional underwriting team including profitability review, premium adequacy, rate change and retention monitoring and underwriting actions execution monitoring.
  • Provide input to quarterly reserving review via virtuous circle meetings.
  • Provide support to the regional reinsurance team on the annual renewal of our internal reinsurance program and new programs.
  • Provide support to the business units together with reserving team in the annual business planning, in particular, forecast of the key assumptions, such as loss ratios, rate movement and retention ratios.
  • Lead or co-lead pricing or portfolio deep-dive projects.
  • Collaborate with Data Analytics to deliver dashboard and business insight.
  • Provide technical training to underwriters, claims and finance.
  • Provide mentoring to regional and country junior actuarial staff.
  • Tertiary graduate. Qualified Actuary.
  • 6 to 8 years of relevant actuarial experiences in General Insurance Commercial segment.
  • Strong understanding of actuarial, finance and underwriting.
  • Excellent analytical, problem solving and research skills.
  • Strong communication, presentation and interpersonal skills.
  • Able to work independently with a can-do attitude.
  • Good command of spoken and written English (Chinese a plus).
  • Proficient in SAS, Microsoft Word, Excel and PowerPoint. Preferably experience with ResQ and Emblem.