Share this job
Regional Pricing Director (Structuring, SG)
SGP
Apply for this job

Responsibilities

  • Perform the pricing, modeling, risk analysis, and structuring activities on new or proposed transactions, or amendments to existing transactions, for the Global Financial Solutions business unit in a timely manner consistent with applicable standards as it relates to the business in Asia.
  • Assess and analyze risk exposure in potential transactions and prepare documentation of these risks in detailed risk analysis reports.
  • Review and provide feedback, in a timely manner, the work – including data, assumptions, modelling, sensitivity testing and documentation – of other actuaries as appropriate across all the business lines and specifically on projects in the relevant area of responsibility.
  • Work with the marketing staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives.
  • Maintain and develop the companies pricing function and ensure appropriate procedures and processes are followed within the team.
  • Participate and, where needed, lead ad-hoc department projects as needed.
  • Assist risk management and operations personnel with monitoring experience of in-force treaties.
  • Mentor and coach junior members of the team to assume increasing levels of responsibility.
  • Perform other duties as assigned.


Required Qualifications and Attributes:

  • Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
  • FIA, FSA, FIAJ or Equivalent Certification
  • 8+ years of actuarial experience in Life Insurance/Reinsurance experience
  • Demonstrated deep knowledge of life insurance, health insurance, third sector, longevity, and/or annuity products
  • Ability to take ownership in projects and drive them to completion
  • Experience with actuarial modeling software
  • Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
  • Advanced investigative, analytical and problem solving skills
  • Ability to balance detail with departmental goals/objectives
  • Skills in customer relationship management and change management
  • Strong ability to translate business needs and problems into viable/accepted solutions
  • Strong ability to manage multiple projects and/or teams simultaneously
  • Advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
  • Advanced persuasion and negotiation skills when working with internal/external customers
  • Mentoring and coaching skills


Preferred Qualifications and Attributes:

  • Advanced quantitative degree or designation
  • Reinsurance industry experience
  • Product design / pricing experience OR ALM / risk management experience (requirements vary with job level)
  • Financial reinsurance, asset-intensive, or longevity pricing experience
  • Knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US tax; IFRS; MCEV / EV / EEV; and Solvency II.
  • Ability to model various insurance products and reinsurance structures.
  • Knowledge of life insurance, health insurance, longevity, and/or annuity products
  • PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages (ex: C/C++)
  • Expertise in MoSes, TAS10, TAS9.5, and/or AXIS
  • Ability to challenge and enhance our analytical capabilities
  • Understanding of asset modeling and ALM techniques, including derivatives, and capital markets approaches


Apply for this job
Powered by