Pricing Actuary

  • 38236
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Sep 23, 2020
  • Work with Senior Actuaries and Client Managers on client quotations focusing on timely delivery of quotes, pricing reports with the aim of achieving a profitable outcome for the company.
  • Ensure the quotations are in compliance with applicable government/regulatory and internal guidelines and requirements.
  • Be familiar with internal guidelines and risk appetite and discuss the same with Client Managers.
  • Work with Senior Actuaries on research projects such as derivation of incidence rates for Critical Illness products.
  • Support the Head of Products with pricing support and provide input into the design of new products.
  • Perform experience studies including but not limited to collating data, performing calculations, presenting analysis and document results.
  • Use the above results to update or write pricing bases or Terms of trade for the key risks in various SEA markets.
  • Ad-hoc projects.
  • Associate or Fellow of a recognized actuarial body.
  • 5 - 7 years of experience.
  • Excellent technical and analytical skills, logical and concise in approach and demonstrate attention to detail.
  • Experience in pricing Critical Illness benefits will be advantageous.
  • Strong Excel skills, strong VBA skills would be advantageous.
  • Competent knowledge in AXIS is essential.
  • A pragmatic approach to business pressure and agility are essential.
  • Self-motivated and able to work within a team environment, outcome focused & demonstrated exceptional stakeholder management.
  • Extensive knowledge and understanding of the products and insurance environment in at least one key SEA market.
  • Strong communication skills in English.
  • Knowledge of a SEA language will be an advantage.
  • Role may require some occasional travel to SEA markets to meet with key clients along with the relevant Client Managers.