Senior Life Pricing Executive
2 weeks ago
About FWD Group
FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance.
For more information, please visit
In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient.
If you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.
PURPOSE
To perform Life product pricing and be involved in product development through to product launches.
KEY ACCOUNTAIBILITIES
- Support Pricing Manager and/or Head of Pricing in product pricing tasks, including product feasibility assessment, building pricing model, propose assumptions, perform financial calculations, sensitivity testing, completing pricing report and regulatory filing.
- Collaborate closely with the team and cross-functional stakeholders to ensure new products are launched successfully complete with robust checks, integration of full workflow and compliance to relevant policies, regulations and guidelines.
- Develop strong culture of product innovation through collaboration with partners, customers, internal stakeholder and re-insurers.
- Pro-active in identifying product and pricing risks and propose solutions.
- Pro-active in acquiring the necessary technical actuarial knowledge to carry out routine pricing tasks, including (but not limited to) RBC2, EV, Prophet, IFRS17 etc.
- Support in ad-hoc projects to deliver business requirements and KPIs.
QUALIFICATIONS / EXPERIENCE
- Degree-holder with 3 - 5 years of experiences in life insurance companies
KNOWLEDGE, SKILLS & ABILITY
- Strong knowledge about life insurance industry
- Strong interpersonal and communication skills
- Good exam progress
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