Pricing Actuary

2 weeks ago


Singapore KOREAN REINSURANCE COMPANY Full time
This is an exciting opportunity to join Korean Re Singapore.

As we expand our business capabilities in South East&West Asia and ANZ, this role will play a vital part in strengthening Korean Re's presence.

We are eagerly seeking talented individuals who are ready to embrace new challenges and contribute to our growth.

  • Conduct and review pricing tasks for P&C reinsurance business, including developing pricing models, data analysis, and setting pricing assumptions
  • Interpret results effectively to support underwriters in pricing decisions.
  • Perform statistical analyses, model, monitor, and analyze data to derive insights.
  • Organize and verify complex data and documents, ensuring accuracy in computations.
  • Participate in evaluating and reviewing proposed processes and systems.
  • Maintain best practices in actuarial methodology within the business process.
  • Continuously increase knowledge of relevant actuarial disciplines and procedures to achieve business objectives.
  • Collaborate with actuarial & finance colleagues to understand company operations, reserving, business goals, and actuarial methodologies.
  • Perform other related duties as assigned.

Other requirements

  • Bachelor's degree in actuarial science, mathematics, statistics, or equivalent.
  • Five or more years of experience in insurance/reinsurance pricing.
  • Nearly or newly qualified actuary (per recognized actuarial body).
  • Ability to create optimal procedures and guidelines for this new role.
  • Ability to work effectively under high time pressure, especially during peak seasons.
  • Strong communication skills to convey information clearly and effectively.
  • Proficiency in business English.

About the Company


Korean Re is a leading reinsurance company in Asia, having 60 years of reinsurance business history since its foundation in 1963.

Korean Re is now aiming to be one of the top class reinsurer in the world.

Korean Re Singapore Branch was established in 1979 and is in a steady state of growth as a business center for South Asia region.


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