Senior Actuarial Specialist, Group Insurance
1 month ago
Munich Re is seeking a Senior Actuarial Specialist, Group Insurance to join our Life and Health team in Singapore. As a key member of the team, you will be responsible for ongoing group quotation activities, technical pricing, and case underwriting for facultative group employee benefits schemes, group affinity schemes, and group credit life schemes.
Your Key Responsibilities
- Coordinate and manage group quotation activities, ensuring timely and accurate delivery.
- Develop and maintain technical pricing models for group life insurance products.
- Conduct case underwriting for group employee benefits schemes, group affinity schemes, and group credit life schemes.
- Monitor and analyze inforce management, including premium and claims reconciliation and validation.
- Support the Regional Head of Group Life in business development activities and planning.
Your Profile
- Actuarial degree with good progress in actuarial exams.
- Minimum 5 years of experience in the insurance and/or reinsurance industry.
- Solid understanding and extensive experience of the group life insurance business, benefits, and practices in SEA markets.
- Previous working experience in actuarial reporting/valuation, experience study, reinsurance accounting, or inforce management.
- Strong analytical and problem-solving skills, investigative mindset, and ability to analyze large amounts of data.
- Proficiency in Excel, SQL, and Power BI; familiarity with other data analytics tools and software will be advantageous.
- Excellent communication and negotiation skills.
- Excellent social skills and intercultural competence.
- Excellent time management skill, able to work independently and efficiently under time pressure, organized, and self-driven.
- Fluency in both oral and written English; proficiency in Chinese Mandarin, Bahasa, and/or other Southeast Asian languages.
Our Benefits
- Flexible and hybrid working arrangements.
- Generous annual leave allowance.
- Attractive dental, life, and health insurance coverage.
Munich Re is an equal opportunities employer and welcomes applications from diverse backgrounds and experiences. We offer a dynamic and inclusive work environment that values diversity and promotes career growth.
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