Actuarial Pricing Manager

  • 34901
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Mar 18, 2019
Insurance
RESPONSIBILITIES
  • Responsible for pricing of Non-Par & Investment Linked products.
  • Carry out pricing framework & strategy, leading the negotiations with reinsurers, obtaining internal & regional product approval and complying with local regulatory product filing/approval requirement.
  • Support all queries pertaining product features and designs and prioritize workflows to best meet the timeline of deliverables.
  • Other special projects related to Non-Par Fund Management.
  • Continues to build knowledge of the organization, processes and customers.
  • Responsible for management and implementation of Participating Fund Management and Participating Fund Asset - Liability Management Initiatives.
  • Support ALCO in the production of Par Fund Management Information.
  • Support all queries pertaining product features and designs and prioritize workflows to best meet the timeline of deliverables.
  • Other special projects related to Par Fund Management.
  • Continues to build knowledge of the organization, processes and customers.
  • Ensure proper documentation process for Group & Health.
  • Ensure compliance to department and regulatory requirements.
  • Support business as usual and ad-hoc work undertaken by the team which includes:
  • Annual and monthly experience analysis.
  • Work with group business and reinsurers on group quotations.
  • Perform product pricing and feasibility studies, conduct market research for product initiatives and required profit testing.
  • Prepare responses to queries from regulators.
  • Build statistical studies for product initiatives.
  • Develop studies to investigate the adequacy of pricing assumptions.
  • Assist in any ad-hoc actuarial investigations and corporate initiatives from time to time.
  • Work closely with Modelling team to lead the development and maintenance of prophet model.
  • Continues to build knowledge of the organization, processes and customers.
QUALIFICATIONS
  • At least 5 years of relevant experience in actuarial roles or positions.
  • Qualified actuary from a recognized professional actuarial body.
  • Degree in Actuarial.
  • English.
  • Good technical, analytical and problem solving skills, with the ability to work independently.
  • Good working knowledge of Prophet systems, hands-on experience on actuarial valuation data processing and management.
  • Self-motivated and outcome oriented.
  • Good communication skills.
  • Experience with Prophet model and ALS, data processing/conversion software e.g. SQL/DCS is preferred.