Insurance Pricing Specialist

4 hours ago


Singapore INCOME INSURANCE LIMITED Full time
Transformative Actuarial Role

Unlock Exponential Value in Insurance Solutions

 

About Income Insurance Limited

We are a leading insurance company committed to creating dynamic learning cultures and delivering business-oriented, customer-focused, and innovative insurance solutions.

 

Salary Range: $60,000 - $90,000 Per Year

This competitive salary is reflective of the challenging yet rewarding role, which demands expertise in actuarial science and strong analytical skills.

 

Job Description

As an Insurance Pricing Specialist at Income Insurance Limited, you will work closely with stakeholders across the organization to develop and implement cutting-edge insurance products. Your responsibilities will include:

  • Assisting the pricing team in product pricing projects, including performing regression testing and user acceptance testing for new product implementations
  • Providing ad-hoc support to product development, distribution, and policy servicing teams on client requests, including post-sales illustrations and customer queries
  • Supporting updates and enhancements for policy illustration and post-sales illustration templates
  • Assisting in the preparation of regulatory reporting filings for new products
  • Applying design-thinking and agile frameworks to deliver projects efficiently

 

Required Skills and Qualifications

To excel in this role, you should possess:

  • 1-2 years of experience working in a life insurance function within an actuarial capacity (fresh graduates with relevant coursework or internships encouraged to apply)
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field, with good progress in actuarial credentials from a recognized international actuarial body
  • Critical thinking, problem-solving, and decision-making abilities
  • Excellent communication skills with the ability to present information clearly and concisely
  • Attention to detail with a commitment to accuracy and quality
  • Adaptability and openness to dynamic working environments and willingness to explore new ways of working
  • Strong teamwork and collaboration skills

 

Key Competencies

You will be successful in this role if you have:

  • Proficiency in Microsoft Excel
  • Knowledge of advertising principles
  • Actuarial science expertise
  • Regression testing and user acceptance testing skills
  • Critical thinking and agile project management abilities
  • Administration and adaptable nature
  • Product development and pricing expertise


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