Life Pricing Intern

4 days ago

Singapore Suntec Tower FWD Insurance Full time $40,000 - $60,000 per year

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 34 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-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. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

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.

The Life Pricing intern will be supporting the FWD Life Pricing team with new product launches, product revamp, product pricing and product implementation.

Roles and Responsibilities:

  • Assist in creation and modification of pricing models, testing assumption changes, performing competitive analysis etc.
  • Build policy illustration templates and calculation specifications which will be used as reference for IT team, for building new products in FWD's quotation system.
  • Assist in User Acceptance Test (UAT) and Regression Test (RT) for new product launches to ensure product initiatives are implemented in system as expected. This involves extensive use of excel and the writing of VBA macro to expedite process checking.
  • Assist in market research and competitive analysis.
  • Handle ad-hoc projects and other duties as required.

Qualification:

  • Students pursuing an Actuarial Science degree

Skills:

  • Proficient in MS Office and computer programming; Knowledge in VBA is an added advantage.
  • Actuarial knowledge with good analytical and problem-solving skills.
  • Good communication and interpersonal skills.

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