About the company
An exclusive mandate with a leading general insurance company that is looking to hire their first Pricing Actuary in Singapore. This is a unique opportunity to shape and drive the company’s pricing strategies, with a focus on motor insurance products. As the company’s first headcount in pricing, you will have the opportunity to take ownership of pricing decisions, influence product development, and collaborate with cross-functional teams.
About the job
- Develop and implement pricing models for motor insurance products.
- Conduct comprehensive pricing reviews and analysis to ensure profitability and market competitiveness.
- Utilize actuarial techniques and data analysis to evaluate risk, refine pricing strategies, and forecast profitability.
- Collaborate with underwriters, product development, and claims teams to ensure pricing strategies align with business objectives.
- Provide insights on market trends, competitor pricing, and product performance.
- Support regulatory reporting and compliance requirements related to pricing.
- Lead pricing initiatives for new and existing products, leveraging advanced actuarial methods.
- Engage with senior management to deliver pricing reports, recommendations, and performance analysis.
Skills and experience required
- Qualified or nearly qualified actuary (e.g., FIA, FSA, AIAA, etc.).
- Minimum 5 years of pricing actuarial experience in the general insurance industry, with a strong focus on motor insurance pricing.
- Proven ability to design and implement pricing models for insurance products.
- Strong analytical and problem-solving skills, with experience in data analysis, statistical modeling, and actuarial techniques.
- Familiarity with pricing software and statistical tools such as SAS, R, Python, or equivalent.
- Excellent communication and stakeholder management skills, with the ability to present complex actuarial insights to non-technical audiences.
To apply online please use the 'apply' function, alternatively you may contact Lynette Lim.
(EA: 94C3609/ R1435181 )
