Senior Associate, Reinsurance Pricing Actuary for APAC - Singapore

A global life reinsurance and run-off platform is adding its first pricing actuary in Singapore, working directly with the Singapore pricing lead and alongside the Asia business development team.

The role

• Reinsurance pricing for block and flow transactions across Asia (Japan is the largest market, then Hong Kong). M&A work is covered when it arises.
• Involvement across the full transaction lifecycle: early opportunity screening, understanding the liabilities and the client, pricing, negotiation and contractual work.
• Experience analysis, assumption setting, financial assessment, transaction due diligence.
• Works with investments, corporate development, risk, legal and external advisors.
• Reports into the Singapore pricing lead, whose line runs to the Chief Underwriting Officer (Bermuda) and the Chief Technical Officer (London) - separate from the business development line.
• Calls with Bermuda, US and London teams fall in the Singapore evening; mornings are light. Travel to Japan with the business development team, roughly 2-3 times a year.

Requirements

• Qualified actuary with 5-7 years of experience (8 years considered).
• Strong knowledge of life insurance products in Asia and how insurers price and value them. Japan product knowledge is the most useful.
• Reinsurance experience is not required and can be learned on the job.
• Proficient English for internal communication with senior stakeholders. Japanese is a strong preference.
• Based in Singapore from day 1. Relocation supported.

• Progression to AVP expected within 1-2 years.