Singapore Chief Pricing Actuary

Purpose- Zurich is looking for an experienced retail and commercial pricing actuary to join a combined role reporting to the APAC Head of Pricing as Pricing Manager (60% of role) as well as leading the Singapore Pricing team (40% of role). This dynamic and unique role is the perfect platform to accelerate your actuarial career- Job Qualifications**Required**
- Bachelor's degree (or equivalent) in Computer Science, Economics, Engineering, Mathematics/Statistics, Other, Sciences and 5 or more years of experience in related field.**Additional Education / Experience**
- Preferred: Experience in retail and commercial pricing as well as experience in other actuarial disciplines.**Certifications**

**Required**
- Fully qualified actuary in a locally recognized actuarial body for at least 3 years.**Contacts / Relationships**- Job Accountabilities - Key Accountabilities- Lead / assist the pricing of new/renewal business and development of effective pricing/rating structures in the most complex environments and lines of business.
- Manage profit margins on new and renewal business and lead analyses related to tracking and improving portfolio performance.
- Coordinate, prepare and perform actuarial analyses including trend analyses, reinsurance analyses and analyses of loss and expense reserves, as it relates to pricing adequacy and strategic direction.
- Collaborate with and influence Underwriting on strategic portfolio and individual account pricing decisions.
- Provide direction and technical expertise on actuarial models and risk issues.
- Lead the design, testing and maintenance of pricing models and tools.
- Interface with regulators and auditors on pricing issues.
- Take a lead role in pricing accounts, performing risk transfer analysis, and reviewing collateral needs.
- Ensure that the pricing processes are appropriately governed and controlled in accordance with Group, Regional, and Local internal / regulatory policies.
- Additional Job Functions- Local and Regional oversight of multiple Line of Businesses within a Business Unit.
- Provide thought leadership on portfolios with a moderate level of complexity / diversity.
- People manager.
- Adhere to professional standards of practice as defined by the relevant local actuarial society, regulatory body, or other governing body.
- Business Accountabilities- Lead team in providing professional actuarial support and advice to the relevant chief pricing actuary and to the actuarial business partners including insights into underlying performance and implications for the business.
- Individually responsible for reserving or pricing of complex or specialty lines through providing the highest level of actuarial advice, in order to ensure profitable new business/renewals.
- Ensure that data, methodology and processes used in analyses are such that outputs meet the required quality; opine on the flow and quality of relevant data, working cross functionally to ensure required quality and granularity is available for analyses.
- Lead & contribute to Virtuous Circle and Zurich Profitability Review/performance assessment discussions by providing insights from own area in order to promote cross-functional sharing of information.
- Develop improvements to processes and standards in order to increase consistency with internal Zurich actuarial policies and guidance and, where relevant, compliance with regulations.
- Conduct analyses and provide high quality actuarial advice to enable business critical decisions to be made related to mergers & acquisitions and/or special projects that are outside of normal business as usual or geographic responsibilities.
- Research best actuarial practice and review/analyze current practice area to support senior management in developing and improving processes and systems.
- Make informed actuarial recommendations based on professional judgment and experience; effectively challenge and/or escalate issues within business decisions or processes that are not able to be supported from an actuarial standpoint.
- Responsibility for the training, mentoring and professional development of actuarial staff; work with direct reports to formulate actionable Individual Development Plans.

**You are the heart & soul of Zurich**

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

Let’s continue to grow together
- Location(s): SG - Singapore
- Remote working:

- Schedule: Full Time
- Recruiter name: Ahona Adhikary
- Closing date: