We are looking to hire a Life and Health Pricing Actuary to join our growing team in either Singapore, reporting to the Senior Pricing Actuary. In this role you will be responsible for the pricing of life reinsurance treaties and support the product development primarily for Greater China and Southeast Asia.
About the team:
The regional pricing team is responsible for the pricing of Life & Health business written in the Asia Pacific region. Across these markets we write group and individual protection business, both in short and in long-term lines.
About the role:
The role provides the opportunity for exposure to a wide variety of products. You will be expected to make a significant contribution to the development of our pricing team and the wider enhancement of PartnerRe’s Life & Health propositions.
You will be responsible for performing actuarial pricing exercises and supporting the deal underwriter in preparing responses to tenders. This typically involves carrying out actuarial analyses, proposing and owning assumptions, and providing technical expertise.
Your responsibilities will include:
- Performing and documenting the pricing of quotes across responsible markets while ensuring compliance to internal standards, thorough risk assessment and application of best practice.
- Performing peer review on quotations to ensure accuracy of financial results.
- Collaborating with a cross-functional team of professionals from client markets and underwriting towards assessing the risks associated with a particular opportunity and ensure the sustainability of the business written.
- Contributing to the development of market specific reinsurance solutions and products.
- Developing, enhancing and maintaining pricing benchmarks, tools and efficient methods of carrying out existing processes.
About you:
You are looking to accelerate the development of your actuarial career. You have the ability and courage to constructively challenge business propositions whilst being business minded and solution oriented. The ideal candidate will be an excellent communicator, capable of explaining complex technical issues in a simple way.
You enjoy collaborating with your colleagues as well as working on your own. Your preference is to be part of an international and multicultural environment, handling diverse tasks, yet always ready to serve the team and meet the business needs.
You have the following background, skills and mindset:
- Recently or nearly qualified Life Actuary (FIA or equivalent) with around 8 years of experience in life insurance (preferably in pricing/data analytics).
- Ability to analyse big data sets, identify key insights and provide recommendations. Critical Illness pricing experience is a plus.
- Excellent communication skills, including the ability to communicate complex technical issues in an effective way.
- Self-motivated, holds oneself accountable and takes ownership for problem resolution, able to prioritize under pressure of competing deadlines.
- Proficiency in programming languages and actuarial software (R/Python/Axis/Prophet) is advantageous.
About PartnerRe:
Because this is a company where you can make a real impact, where you will quickly get to know all your colleagues, where collaboration and diversity are valued, where personal development is enabled, and where you will get a true sense of the contribution you make to the company's success.
Become part of a leading reinsurance company of over 1,000 professionals spread across 20 world locations - a company that prides itself in delivering the best possible risk solutions to its insurance clients and brokers.
For more on the extensive and fascinating range of risks we protect: https://partnerre.com/risk-solutions/
Become part of a culture based on trust, initiative, responsibility, and openness.
We are always looking for bright, proactive individuals to join our team!
We look forward to receiving your application
