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Singapore, SG

Medical 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. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.




About the Role


As a pricing actuary in Swiss Re's Asia Medical Business (part of Life & Health), you will undertake pricing work for the medical reimbursement portfolio in Hong Kong and Southeast Asia. This involves providing timely and technically sound pricing support for existing treaties, product development, and new business tenders.


Key Responsibilities:

  • Perform experience studies and pricing reviews on existing medical reimbursement treaties
  • Price new medical reimbursement products for product development discussions and new business tenders
  • Maintain documentation of all pricing work, and ensure compliance with costing guidelines and standards
  • Drive the process for referral of large quotes to costing reviewers regionally or globally
  • Liaise with client managers, underwriters and claims colleagues on treaty pricing review and product development matters
  • Liaise with external clients on treaty pricing review and product development matters
  • Assist with the establishment and review of appropriate pricing bases, methodology and tools
  • Maintain up-to-date knowledge of local and global actuarial practices and trends
  • Monitor local market intelligence, trends and developments (company, product, industry) in the medical reimbursement space


About the Team


As part of the regional team looking after medical reimbursement products, the successful candidate will get to be both an individual and team contributor. The Medical pricing team in Asia currently have team members based in Beijing, Hong Kong, Singapore and Mumbai. We are also part of the Global Medical team, which facilitates knowledge sharing of global medical expertise. As part of Swiss Re's Own the Way You Work policy you get to manage your own personal / work life balance. The team gets to consult within a cross-functional team environment in the greater Swiss Re, which provides many opportunities to broaden your job scope beyond the key accountabilities listed.


About You


  • At least 5 years of direct or reinsurance experience in pricing and experience studies, ideally within the medical reimbursement space
  • Making good progress towards actuarial qualification
  • Strong knowledge of the medical insurance landscape in Hong Kong or Southeast Asia will be an advantage
  • Strong critical thinking and analytical skills
  • Good communication, negotiation, and teamwork skills
  • Familiarity with computer tools such as SAS, with experience and interest in actuarial analytics
  • An aptitude for languages would be an advantage


We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Reference Code: 118693 


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