Actuarial Head, Specialty Business

  • 38255
  • Non-Life - Actuarial
  • |
  • Singapore
  • |
  • Sep 24, 2020
Insurance
RESPONSIBILITIES
  • Provide the APAC Specialty Business with the actuarial support they require to profitably grow their business and take remedial action where needed.
  • Local contact for the Global Specialty Actuarial function on APAC Specialty related matters.
  • Work collaboratively with the Global Specialty Actuarial team on all actuarial matters relating to the business unit or wider business partnering initiatives.
  • Partner with regional underwriting teams to provide actuarial advice and data driven insights that will support underwriting decisions.
  • Support the development, alignment, and execution of portfolio strategies.
  • Work closely with regional management to identify profitable new business and growth opportunities.
  • Individual account pricing on large accounts and schemes.
  • Develop actuarial reports to help business effectively manage existing portfolios.
  • Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
  • Actively engage with the Technical Pricing Team on Global Specialty pricing tool development and enhancements, whilst considering local market requirements.
  • Provide training and support for rating tools and portfolio strategies, including investigating local calibration.
  • Comply with key regulatory and risk management procedures.
  • Ensure that regional management are apprised, in an appropriate and timely manner, of the activities and financial impact of actuarial work as it relates to their P&L.
QUALIFICATIONS
  • Candidates with relevant actuarial experience strongly preferred.
  • Candidates who are credentialed member of a recognized actuarial society are strongly preferred.
  • Bachelor’s degree in Mathematics or related discipline.
  • Strong analytical and problem solving skills.
  • Work well both independently and as part of a team.
  • Expertise in programming languages preferred including Excel, R, Access, VBA, SAS or other.
  • Effective time management skills with ability to meet tight deadlines and prioritise own work.
  • Excellent communication, presentation, and interpersonal skills.
  • Ability to communicate actuarial concepts to non-specialists.
  • Ability to forge relationships with other areas of the business.
  • Ability to work under own initiative and show flexibility to meet business needs.
  • Professional behaviour with high level of integrity.