Pricing Senior Manager role from a Direct Insurer (Singapore)
PURPOSE
Reporting directly to the Head of Life Product and Pricing. The role provides opportunities to work directly with the other senior stakeholders such as the CFO, Head of Distribution, GM Life Business, and the CEO in all matters relating to life product development and pricing.
KEY ACCOUNTAIBILITIES
- Lead a team of actuaries (ranging from actuarial executives to managers) to develop, price and launch life products across all distribution channels
- Support the Head of Life Product and Pricing in managing resources within the team to ensure that competing priorities are well managed and resolved with timely escalation where necessary
- Pro-actively involve in product development discussions and provide technical pricing expertise to drive efficient product design / feasibility studies
- Implement a strong control and governance mindset in the team to ensure that all products are priced in compliance with relevant company policies/standards and regulatory requirements
- Actively engage business teams to deepen understanding of the business, and deliver business value by providing insights arising from pricing results and highlighting risks in advance to key stakeholders
- Drive conversations and negotiations with reinsurers to derive competitive product design and reinsurance cost
- Establish good working relationships with and engage Group Office regularly on matters relating to actuarial pricing analyses
- Train, inspire and develop team members, so as to help build a strong team culture as well as a high-performance team
QUALIFICATIONS / EXPERIENCE
- Qualified actuary with 8-12 years of experience
KNOWLEDGE, SKILLS & ABILITY
- Strong technical skills, with pricing experience in ILP, protection and Par products would be preferred
- Prior experience on valuation and actuarial reporting would be a bonus
- Excellent communication and stakeholder management skills
- Track record in leading successful teams will be a bonus