Pricing Actuary

1 day ago

Singapore PACIFIC LIFE RE SERVICES SINGAPORE PTE. LIMITED Full time

**The Role
As an influential and innovative expert, your expertise in pricing, experience analysis and risk assessment will be crucial as you work alongside the business development team to price for and deliver creative solutions to meet the needs of our clients across the region, with a focus on Alternative Reinsurance Solutions (ARS) transactions.

Reporting into the AVP, Pricing (China and ARS markets), the individual will support pricing duties across Asian markets as follows:
**Duties
1. Responsible for the timely and accurate delivery of pricing terms and reinsurance solutions to clients ensuring high technical standards of experience and risk analyses, as well as the production of high-quality pricing papers.

2. Responsible for assigned reviews and upkeep of pricing methodologies, pricing frameworks and pricing tools.

4. Supporting the business development team in building and maintaining effective relationships with clients and promoting the Pacific Life Re brand, including:

- Involvement in creating and preparing reinsurance solutions in accordance with Company standards with a focus on working in partnership with our clients to develop innovative solutions to their business challenges,
- Promoting reinsurance solutions to a specific potential client or groups of potential clients,
- Presenting our proposition to the client virtually or onsite at the insurer’s offices.

**Qualifications & Experience**
- Qualified Actuary (IFoA, SOA or IOAA)
- Minimum of 5 years’ experience in the Life (Re)insurance industry with significant experience in Pricing
- Experience in ARS transactions / remote risk pricing is an advantage
- Strong analytical skills, combined with excellent technical and commercial judgement with the ability to produce justifiable and practical pricing guidance even where data is sparse
- Sound understanding of underwriting and claims practices and the interaction with pricing
- Direct or indirect Asian market experience
- Knowledge of major regulatory capital and accounting frameworks (e.g. Solvency II, RBC, IFRS) is an advantage
- Experience with systems such as Access, Excel, Tableau, SQL, Emblem is an advantage

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