Purpose:
To perform actuarial duties to provide highly accurate data and analyses for use by senior actuaries in relation to reserving, reporting, quantitative risk management, or the pricing of business.To perform actuarial duties to provide highly accurate data and analyses for use by senior actuaries in relation to reserving, reporting, quantitative risk management, or the pricing of business.
Nature of work:
- Provide actuarial services under minimal supervision to fulfill routine business requirements and to solve problems with a level of complexity diversity.
- Perform statistical analyses, model, monitor and analyze data.
- Develop pricing models, adapt, and monitor model parameters to the Singapore business.
- Interpret results efficiently to assist underwriters in case pricing.
- Compile and categorize complex data and documents, and verify factors and assumptions used in computations.
- Maintain best practice actuarial methodology to the business process.
- Participate in the evaluation and review of new proposed processes and systems.
- Demonstrate increasing knowledge of relevant actuarial disciplines and procedures, and apply this knowledge to achieve business objectives.
- Work with actuarial colleagues to develop understanding of company operations, business objectives and actuarial methodologies.
Experience & Qualifications:
- Bachelor's degree in actuarial science, mathematics, statistics (or equivalent) and five or more years of experience in insurance/reinsurance pricing.
- Nearly or newly qualified actuary (per recognized actuarial body).
- Skillset in R, Python, VBA is an added advantage.
