Head of Actuarial

Found in: beBee S SG - 1 month ago

Singapore Prudential plc Full time
Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

The performance management and actuarial supports organization performance management and actuarial functions.

Role and Responsibilities
  • Providing actuarial oversight across all health-related pricing, underwriting and claims practices.
  • Developing and executing new, innovative pricing strategies that will allow the company to build out a sustainable health insurance business.
  • Partnering with the Propositions team to deliver new, innovative health insurance solutions that are both marketable and profitable.
  • Participating in the Product Governance (Product Approval Process)
  • Supporting the Connected Care and Technical Excellence teams as they design and implement various medical claims cost containment initiatives.
  • Design product features that impact customer behaviour as a way to better control medical cost (i.e. steerage)
  • Supporting the LBU Pricing and Actuarial Teams as they develop and implement health-related pricing initiatives (i.e. Risk Based Pricing)

Qualifications
  • Bachelor's degree in actuarial science, mathematics, statistics, finance, or a related field
  • Extensive experience in actuarial analysis, performance management and financial service industry
  • Strong analytical and problem-solving skills to interpret complex data and provide strategic insights for decision making.
  • Ability to collaborate with cross functional teams to develop and implement performance management strategies and initiatives.
  • Extensive experience in healthcare management, analytics, fraud, waste, and abuse detection
  • Strong analytical skills and proficiency in data analysis tools and techniques
  • Knowledge of healthcare billing and coding practices, reimbursement, methodologies and regulatory requirements.


Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

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