Loading...
Share this Job
Location: 

Singapore, SG

Senior Pricing Actuary

 


About Swiss Re
 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?

 

About the Role

 

The role will be part of the L&H South East Asia (SEA) pricing team taking responsibility for product development and pricing of new Life & Health business to help the region achieve its ambitious growth plans. We aim to do this through providing better client experience; cutting-edge, better-informed pricing; and supporting development of innovative products for clients in the region.

 

Key Responsibilities:

 

Leadership

  • Support the Head of Pricing SEA to lead and drive the team on short- and medium-term priorities
  • Support development of actuarial staff
  • Lead and contributes to regional projects and steering initiatives

 

New Business Quotes and Tenders

  • Lead and support the pricing and modelling of new business; this includes the review on quotes in South East Asia
  • Identify and understand clients' needs and concerns
  • Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity
  •  

Costing Methodology and Guidelines

  • Review pricing guidelines and ensure their correct application
  • Able to challenge status-quo and look to simplify and improve existing practices
  • Keep up to date with market, regulatory and competitive trends
  • Work with Experience Studies team to gain insight into claims and lapse experience
  • Ensure pricing guidelines are kept up-to-date via research and experience studies

 

Strategy, Product Development and Brand Presence

  • Lead technical, research and project management input for product development initiatives
  • Provide strategic inputs in the running of the Swiss Re business in South East Asia including implications of regulations, market and industry developments

 

About the Team

 

We are a team of 7 members - 5 based in Singapore and 2 in India. The role consists of both supervisory and non-supervisory elements. The individual would support the Head of Pricing SEA to oversee some regular pricing deliverables, perform regular assumption reviews and provide coaching to junior staff; while sometimes work individually on development of new products.

We would also consider less experienced candidates for the role of Pricing Actuary, who would focus primarily on non-supervisory responsibilities.

 

About You

 

  • Qualified actuary with 3 - 5 years PQE minimum (under a recognized actuarial body - SOA/CAS/IOA/FOA/FIA) with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent. For Pricing Actuary, qualified or close to qualify actuary
  • Insurance or reinsurance working experience (including consulting); pricing experience, particularly across the South East Asian markets is strongly desirable
  • Commercial and technical skills in Life & Health product design and pricing
  • Demonstrate maturity and flexibility at managing both internal and external stakeholders
  • Experience at using and developing pricing tools, is a plus
  • Excellent verbal and written communication skills in English. Additional Asian language skills such as Thai, Vietnamese, Mandarin, Bahasa Malaysia or Bahasa Indonesia are desirable.
  • Travelling within South East Asia will be required about 10% of the time


Keywords:  
Reference Code: 95149 

 


Job Segment: Underwriter, Pricing, Claims, Law, Actuarial, Insurance, Operations, Legal