Pricing Actuary

  • 36531
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Jan 6, 2020
Reinsurance
RESPONSIBILITIES
  • Responsible for the timely and accurate delivery of pricing terms and product development solutions to clients ensuring high technical standards of experience analyses and the production of high-quality pricing papers.
  • Responsible for assigned on-going treaty reviews and pricing recommendations, pricing methodology reviews and pricing model reviews.
  • Supporting the marketing and business development in building and maintaining effective relationships with clients and promoting the company brand, including:
  • Provision of actuarial services to clients.
  • Involvement in creating and preparing reinsurance solutions in accordance with Company standards with a focus on working in partnership with our clients to develop innovative solutions to their business challenges.
  • Promoting reinsurance solutions to a specific potential client or groups of potential clients.
  • Developing and proposing new product concepts for existing and potential clients.
  • Presenting our proposition to the client onsite at the insurer’s offices.
  • Support the team in building and maintaining effective relationships with clients and promoting the company brand, leveraging technical knowledge for the benefit of our clients through client meetings and active participation in Asian actuarial society.
  • Maintain a thorough and up to date knowledge of our clients, regulatory developments and of reinsurance/insurance industry trends. Responsible for applying actuarial judgement and ensuring those developments are considered and where appropriate reflected in the pricing of business as well as in the provision of technical support, risk assessment and pricing expertise to colleagues.
QUALIFICATIONS
  • Qualified Actuary.
  • Minimum of 5 years’ experience in the Life Re/insurance industry.
  • Strong analytical skills, combined with excellent technical and commercial judgement with the ability to produce justifiable and practical pricing guidance even where data is sparse.
  • Sound understanding of underwriting and claims practices and the interaction with pricing.
  • Direct or indirect Asian market experience.
  • Awareness of systems such as Access, Excel, SAS, SQL, Emblem is an advantage.