Pricing Actuary

5 days ago


Singapore MSIG ASIA PTE. LTD. Full time

We are seeking a dynamic and analytical Pricing Actuary to lead the development and enhancement of pricing models and strategies across our general insurance portfolios, with a strong focus on Motor insurance. This is a high-impact role within the Risk Management and Actuarial Services department, reporting directly to the Chief Risk Officer. This role plays a critical part in driving sustainable profitability and innovation through rigorous actuarial analysis and close collaboration with cross-functional teams.
Key responsibilities
Deliver technical pricing support to our business units in Asia using actuarial models and data-driven insights
Analyse portfolio performance, identify trends, and recommend corrective actions to ensure sustainable profitability
Collaborate with local product teams to design and enhance product offerings tailored to market-specific needs and aligned with innovation goals
Monitor market trends, competitor activity, and regulatory developments to inform product and pricing strategy
Drive the development of advanced analytics capabilities to strengthen pricing effectiveness and support strategic decision-making
Requirements
A Fellow of the Casualty Actuarial Society (USA) / Institute and Faculty of Actuaries (UK) / Institute of Actuaries (Australia)
Minimum 7 years of experience in pricing and analytics within the non-life insurance industry, preferably with experience in motor insurance
Proficiency in statistical analysis and data tools such as R, Python, SAS, or equivalent
Strong analytical and problem-solving skills, with attention to detail and business impact
Excellent communication and interpersonal skills, with the ability to work cross-functionally and influence stakeholders
A proactive and goal-oriented mindset
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