Reinsurance (Actuarial)

2 weeks ago

Singapore PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED Full time

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

This role will focus on all reinsurance solutions for the Company.
- Responsible for the preparation of Reinsurance analysis including cost of reinsurance, sum at risks statistics and retention level.
- Responsible for reinsurance reporting to MAS, senior management, local and regional office.
- Providing support to reinsurance projects for new product launch, financial optimization and where the partnership with reinsurers are involved.
- Responsible for the timely administration of reinsurance transactions / settlement, signing and execution of reinsurance treaties backing all reinsurance arrangements.
- Comply with controls and standard operating procedures around reinsurance system setup, changes and enhancements.

**Who we are looking for**:
Competencies & Personal Traits
- Good technical, analytical and problem solving skills, with the ability to work independently
- Good communication skills
- Self-motivated and outcome oriented
- Detailed oriented
- Committed to excellence and always strive to deliver results with high standards
- Experience with Prophet model and ALS, data processing/conversion software e.g. SQL/DCS is preferred

Working Experience
- 1 - 4 years of relevant experience in actuarial roles or positions

Professional Qualifications
- Good progress in actuarial examinations from a recognized professional actuarial body

Education
- Degree in Actuarial

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