Based in our Asia Regional HQ (Singapore), this Pricing role is a pivotal position under the Actuarial & Analytics Department and report directly to the Chief Actuary. This role will collaborate closely with the other Pricing teams in the region and support the Asia leadership team in driving business growth.
In the nutshell, the pricing actuary will:
- Provide actuarial support to local entities in pricing of new and existing consumer products, product and strategy development and their implementations. Align local pricing activities to best practices, in compliance with regulatory requirements.
- Collaborate with local entities to establish pricing adequacy and portfolio performance monitoring frameworks at local and regional level, based on which portfolio risks can be timely communicated and addressed.
- Collaborate with internal stakeholders such as Affinity, Reinsurance, local pricing and analytics teams to support their needs for pricing, data processing/mining, analysis, reporting and other ad-hoc analytics projects.
- Provide training to local entities' pricing and analytics teams in pricing and predictive modelling using various software and techniques to develop in-house technical capabilities.
Requirement:
- Degree in Actuarial Science, Statistics, Mathematics or a relevant financial/quantitative discipline.
- Having at least 7+ years of work experience in (Re)Insurance functions such as actuarial, pricing, data analytics, product management, etc
- Skilled in applying statistical or analytics tools such as SQL, R, Python, SAS, Emblem, Radar, Tableau, Power BI in solving business problems.
- Proficient in predictive modelling and machine learning techniques, e.g., GLM, GBM, clustering, decision tree.
- Experience in multiple Asia markets would be an advantage.
