Mon - Fri, 9am to 6pm
1-month completion bonus
Location: Raffles Place
Job Description:
- Be responsible to provide technical support to the Group Insurance’s business activities such as pricing, reporting, product experience study, and product development.
- Required to work in close collaboration with multiple stakeholders (Actuarial, Marketing, Product, Distribution, Compliance and Risk etc.) and business partners.
- Provide technical pricing for group insurance products using established models
- Ensure compliance with internal guidelines on business acceptance, risk management and profitability
- Manage reinsurance risk within treaty limits and ensure proper facultative placements.
- Collaborate with internal and external stakeholders on product development of existing or new products and ensure compliance with product approval process
- Data management for analysis and pricing.
- Develop and test pricing models including performing statistical analysis and conducting claim experience study.
- Develop and maintain pricing quotation and reporting tools.
- Analyse, monitor and evaluate key financial metrics that support the department’s various initiatives and strategies.
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
Job Requirements:
- Bachelor's Degree in Actuarial Science, Statistics, Mathematics or Business related fields;
- At least 3 years of working experience, ideally in Group Insurance pricing or relevant experience;
- In-depth conceptual and practical knowledge in related areas such as product development, pricing and financial condition management;
- Skilled in managing large data sets used for statistical analysis;
- Excellent analytical and problem solving skills;
- Meticulous, self-starter with the ability to make sound judgments and work under pressure or tight time lines;
- Strong interpersonal, articulation, communication and presentation skills;
- Skilled with PC Applications such as Excel, Access, PowerPoint, and Word;
- Basic programming experience is preferred (VBA - Visual Basic for Applications);
- Knowledge in statistical or business intelligence tools, such as SQL and Tableau is appreciated.
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Takes initiative to improve current state of things and adaptable to embrace new changes
Please contact Terence at +65 9645 4048 your resume directly for fast response.
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