Assistant Manager, Actuarial

2 weeks ago


Macpherson, Singapore Raffles Medical Group Ltd Full time $120,000 - $180,000 per year

Job Summary

The successful candidate will play a pivotal role in the development of commercially viable health insurance customer offerings. This role will primarily be involved in pricing of new business / products and will be working closely with both the Business Sales and Product Development teams.

Job Responsibilities

  • Be involved in pricing, carrying out data analytics and portfolio management for Group, Individual Health and Shield portfolios
  • Conduct regular assumption studies including inflation study, expense study and technical pricing review
  • Maintain and enhance pricing tools and quotation engine
  • Support system set up and implementation for product launches
  • Produce and enhance business management information and client reports, with a focus on data-driven insights that will facilitate discussion of business strategies
  • Engage reinsurers to put in place reinsurance arrangements, as part of the new product development process and to maintain existing facultative reinsurance arrangements
  • Collaborate with stakeholders to implement key strategic initiatives

Requirements

  • Actuarial / Mathematics / Statistics Degree
  • Good progress in the Actuarial professional examinations
  • At least 6 years of relevant experience
  • Excellent knowledge of MS Excel, with basic knowledge of VBA
  • Good knowledge of Python
  • Excellent communication and presentation abilities
  • Meticulous and resourceful individual
  • Ability to work both independently and collaboratively
  • Experience in pricing of Group Employee Benefit schemes

We regret that only shortlisted profiles will be contacted.



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