Marine Pricing Actuary

  • 35872
  • Non-Life - Actuarial
  • |
  • Singapore
  • |
  • Sep 18, 2019
  • Treaty pricing/underwriting for marine business in Asia Pacific.
  • Provide actuarial services to Marine underwriters in Asia Pacific as well as target clients to enhance company’s market value proposition, and support business growth.
  • Develop pricing models, parameters, such as trend, on level factors, loss development patterns and ULR estimation.
  • Actively work with accounting, reserving, controlling, and underwriting teams to ensure high quality in overall Asia Pacific fast close figures.
  • Produce management reports and actively monitor the overall Asia Pacific portfolio profitability during quarterly closing process.
  • Support pricing of other lines of business including Property & Engineering and Casualty, on needed basis.
  • Provide technical trainings to Marine underwriters and client managers.
  • Conduct regular market analysis to create awareness of trends and opportunities.
  • Work closely with company actuarial community.
  • University degree in Actuarial Science, Statistics, Economics, Finance or related areas.
  • Minimum 7 years of professional insurance/reinsurance pricing experience.
  • Qualified actuary or near-qualified actuary.
  • Reinsurance underwriting experience is a plus.
  • Proficient with MS Office EXCEL and ACCESS, strong knowledge of relational database.
  • Strong analytical and problem-solving skills.
  • Self-motivated, ability to work in a team environment and independently.
  • Agile work mind-set and resilient.
  • Good communication and interpersonal skills.
  • Strong commercial acumen.
  • Fluent in English is essential and fluent in Chinese Mandarin a plus.
  • High degree of cross cultural awareness.
  • Willingness to travel if required.