Pricing Actuary

3 days ago

Downtown Core, Singapore MSIG Asia Pte Ltd Full time $80,000 - $150,000 per year

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

Job Types: Full-time, Permanent

Pay: $6, $13,800.00 per month

Benefits:

  • Additional leave
  • Dental insurance
  • Employee discount
  • Gym membership
  • Health insurance
  • Parental leave
  • Professional development
  • Work from home

Work Location: Hybrid remote in Singapore 068807

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