Actuarial Executive

  • 38232
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Sep 23, 2020
Insurance
RESPONSIBILITIES
  • Responsible for pricing of new products and repricing of existing products to ensure profitability targets are met with adequate consideration to the inherent risks in the portfolio.
  • Collaborate with Product team, IT, Operations, Risk Management and other relevant stakeholders to address any product related issues and close the gaps so that product initiatives can be launched timely.
  • Assist in preparation of discussion materials for the Product Committee meetings.
  • Assist in ensuring timely submission and filling of the premium certificates for products to MAS.
  • Carrying out regular experience analysis for the individual business to ensure management has sufficient in-sights into the business.
  • Produce projections of COR and operating profits for the Retail Health portfolio.
  • Support PSQ, UAT/Sign-off system issues/product collaterals and address operational issues from pricing’s stand point.
  • Providing support for ad-hoc data/statistics request from LIA, MAS, MOH, CPF or other regulatory bodies.
QUALIFICATIONS
  • Major in Actuarial Science and/or passed actuarial papers leading to qualification.
  • Preferably have 2-3 years of experience.
  • Have understanding of the Actuarial pricing process and IT systems.
  • Proficient in MS Office and VBA. Knowledge of Prophet and R will be an advantage.
  • Strong communication and inter-personal skills, including report writing.
  • Understand the financial mechanics as well as the operations of life insurance business.
  • Quick learner, and is analytical with strong problem-solving skills.