Senior Pricing Actuary

  • 33542
  • Life - Actuarial
  • |
  • Singapore
  • |
  • 5 days ago
Reinsurance
RESPONSIBILITIES
  • Designing of health insurance products with consideration of marketability vis-a-vis risk management.
  • Pricing of health insurance products for our clients.
  • Pricing of health re-insurance risk such as non-proportional arrangement.
  • Provide client managers’ support in handling product and other queries from clients.
  • Involvement in client’s facing responsibilities and managing client’s request.
  • Presentation to clients on portfolio analysis results, product ideas.
  • Perform portfolio monitoring to ascertain trend and experience.
  • Correspond with internal accountant or client on data issues.
  • Develop portfolio monitoring presentation slides which is shared with both client managers and clients.
  • Work closely with medical underwriters to ascertain the risk management of product features, marketing approach and underwriting questions.
  • Participate in research and development work on medical trends in various markets.
  • Generate new product ideas and develop pricing assumptions and tools for new markets and new risk.
  • Generate IBNR factors for internal and external requirements.
  • Develop new actuarial monitoring tools to enhance the portfolio monitoring process.
QUALIFICATIONS
  • Qualified Actuary (FSA, FIA, FIAA) with at least 10 years’ experience.
  • At least 3 years of experience in health pricing.
  • Strong in Microsoft Excel, Access and Statistical Tools.
  • Good communication skills with the ability to negotiate, present and share ideas with colleagues and clients.
  • Understanding of reinsurance knowledge/structure would be preferred.
  • Ability to work independently as well as with the team.
  • Good command of English both written and verbal.