Job Description

We are looking to hire a Life and Health Pricing Actuary to join our growing team in either Singapore or Hong Kong, reporting to the market Head of Pricing. In this role you will be responsible for the pricing of life reinsurance treaties and support the product development primarily for North Asia (Korea, Japan and Greater China).

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.

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 ***Re’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.

In detail 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
• Developing, enhancing and maintaining pricing benchmarks, tools and efficient methods of carrying out existing processes
• Working closely with internal stakeholders in pricing initiatives and allocated projects. 

Qualifications

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 5 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