
Analyst, Individual Life Pricing
2 weeks ago
LMA SingaporePosted 3 hours ago Permanent S$3k - S$4k
Analyst, Individual Life Pricing
Range : SGD 3,000 - 4,500
We are seeking a skilled and motivated Reinsurance and Pricing Analyst to join our actuarial team and provide essential support in reinsurance, pricing, reporting, and operational matters. In this role, you will collaborate with various stakeholders to ensure profitability targets are met while considering the inherent risks in our portfolio. Your expertise will be crucial in assisting the pricing of new products and the repricing of existing ones. Additionally, you will work under Vice President Individual Life Pricing and work closely with different departments to address product-related issues, support product initiatives, and provide insights through regular experience analysis.
**Key Appointments**
- Provide reinsurance, pricing, reporting and operational support to the actuarial team
**Key Responsibilities**
- Assist pricing of new products and repricing of existing products to ensure profitability targets are met with adequate consideration to the inherent risks in the portfolio
- Collaborate with Product team, IT, Operations, Claims, Investment, Finance, Risk Management, and other relevant stakeholders to address any product related issues and close the gaps so that product initiatives can be launched timely
- Assist in preparation of discussion materials for the Product Committee meetings and filling of the premium certificates for products to MAS
- Carry out regular experience analysis (including MI reports) for the individual business to ensure management has sufficient in-sights into the business
- Produce projections of loss ratios and operating profits for the Retail Health portfolio
- Support PSQ, UAT/Sign-off system issues/product collaterals and address operational issues from pricing’s standpoint
- Provide support for ad-hoc data/statistics request from LIA, MAS, MOH, CPF or other regulatory bodies
**Requirements**:
- Experience:
- Proficiency in MS Office and VBA.
- Strong communication and interpersonal skills.
- Quick learner with analytical and strong problem-solving abilities.
- Fresh graduated are welcome
- Education:
- Bachelor’s/Master’s degree in Actuarial Science (preferred).
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