Manager, Health Actuary from a Reinsurer (Singapore)
| Responsibilities |
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- Develop best estimate pricing assumptions and pricing models to provide competitive quotes that meet clients’ objectives and the company's minimum requirements. - Ensure all pricing procedures, including preparation of pricing memo, technical reviews, peer reviews, regional escalation are in compliance with the company’s internal pricing standards, guidelines and country mandate. - Conduct research and experience analysis to derive pricing basis for new risks as well as a periodical review of existing pricing basis for all reinsurance coverage to ensure it is up to date, documented and approved. - Provide technical/actuarial support for the execution of our product development initiatives. - Provide support to the Lead Health Actuary/ Treaty Specialist to ensure treaties are completed and signed in a timely fashion. - Define & develop methods & tools to ensure that health business is monitored closely and ensure that any adverse trends, both at the treaty or portfolio level, are identified and escalated. - Support business development in building and maintaining strong relationships with counterparts of our client companies. - Support ad-hoc corporate and internal projects. |
| Requirements |
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- Bachelor's degree in math, finance, statistics, actuarial science or related fields - Qualified or nearly qualified actuary with a globally recognized actuarial association - 5 – 10 years of actuarial working experience, health pricing experiences a definite plus - Good knowledge of Asian health insurance markets and products. Highly organized, delivery-orientated with the ability to work with multiple concurrent projects - Highly motivated, results-oriented and solutions focused - Ability to work effectively under pressure - Strong interpersonal skills with the ability to negotiate and influence others - Strong technical skills and attention to detail - Strong client services ability with excellent communication skills (both written and verbal) - Advanced Excel skill is required and experience in using actuarial software, e.g. Axis, is strongly preferred - Ability to challenge and enhance existing analytical methodologies - Innovative, proactive and improvement oriented - Ability to work independently and as part of a team and deal with multiple stakeholders within the business |