Senior Actuarial Specialist, Group Insurance

1 month ago


Singapur, Singapore Munich Re Full time
Job Title: Senior Actuarial Specialist, Group Insurance

We are seeking an experienced Senior Actuarial Specialist, Group Business to join our Life and Health team in Munich Re Singapore Branch. As a key member of our team, you will be responsible for overseeing the Southeast Asian markets and reporting to the Regional Head of Group Life.

Your Role
  • Responsible for ongoing group quotation activities and coordination, technical pricing and case underwriting for facultative group employee benefits schemes, group affinity schemes and group credit life schemes.
  • Responsible for ongoing inforce management with the main focus on premium and claims reconciliation and validation.
  • Responsible for ongoing group reinsurance treaty/account management, reporting and experience monitoring.
  • Support the Regional Head of Group Life in multiple business development activities and planning.
  • Manage assigned group accounts; establish new and foster existing business relationships; organise activities according to our client service plans and client prioritisation.
Your Profile
  • Actuarial degree is necessary with good progress in actuarial exams.
  • Minimum 5 years of experience within the insurance and / or reinsurance industry is essential.
  • 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 skill, investigative mindset and ability to analyse large amount 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, organised 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

At Munich Re, we value diversity, inclusivity, and collaboration. We believe that our employees are the foundation of our success, and we strive to create an environment that supports their growth and well-being.



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