Location: Overseas
Salary: Open
Industry: Financial Services
Sub-industry: Insurance
Function: Financial Services

Job Description

Our Client:
Our client is one of the leading reinsurers in the fast-growing markets and they are actively looking to hire a Manager (Pricing) to join their growing team.

About the Role:
Pricing Actuaries are responsible for the pricing of individual and group business which includes but not limited to pricing basis derivation, modelling, risk analysis, treaty negotiation and other new business development activities. They will work closely with Business Development, Underwriting, Product Development and Regional Pricing.

The Responsibilities:

* Support pricing quotes primarily for the Singapore, Malaysia, and Cambodia markets
* Develop best estimate pricing assumptions and pricing models to provide competitive quotes that meet clients' objectives and Company's minimum requirements
* Ensure all pricing procedures, including preparation of pricing memo, peer reviews, regional escalations 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 provide support on the periodical review of existing pricing basis for all reinsurance coverage to ensure it is up to date, documented and approved
* Work closely with business development and treaty specialist in reviewing and negotiating treaty terms with clients and ensure treaties are completed and signed in a timely fashion
* Provide technical/actuarial support for the execution of our product development initiatives
* Support business development in building and maintain strong relationships with counterparts of our client companies
* Support corporate and internal projects on an ad-hoc basis and pricing quotes from other SEA countries if necessary

The Requirements:

* Bachelor's degree in math, finance, statistics, actuarial science or related fields
* Qualified or nearly qualified actuary with a globally recognized actuarial association
* 5 - 8 years of actuarial work experience, pricing experience is a definite plus
* 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 skills 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

Disclaimer: The Company complies with the Tripartite Guidelines on Fair Employment Practices (TGFEP), including the prevailing guidelines on recruitment. All qualified applicants will be considered for the position regardless of their age, race, religion, nationality, marital status, or family responsibilities. A more detailed discussion of the TGFEP is available on the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) website at https://www.tal.sg/tafep.

Job reference: JO-211201-275429

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