Sr Associate

Senior Associate, Reinsurance Pricing - Singapore

Reporting line: Vice President, Singapore Pricing Team Lead

About the company

A global life insurance group focusing on reinsurance and the acquisition and management of portfolios of life insurance policies. Its Singapore office serves as the group's hub for Asia, supporting strategic growth across key markets including Japan, Hong Kong, Korea, and Singapore.

Position Summary

We are seeking a highly motivated Senior Associate to support our rich pipeline of transaction opportunities in Asia, spanning both block and flow reinsurance. The successful candidate will play a key role through the transaction lifecycle, from opportunity assessment and due diligence through pricing, negotiation and implementation, while working closely with senior stakeholders across Singapore, Bermuda, New York and London.

The role offers significant exposure to transaction execution, commercial decision-making and strategic initiatives, making it an exceptional opportunity for actuaries looking to broaden their experience beyond traditional actuarial functions.

The role is part of the Global Solutions team, a global function operating across multiple offices and jurisdictions. The successful candidate will be based in Singapore and work closely alongside the Asia Business Development team, providing support for Asian transaction opportunities as well as Global transaction opportunities as necessary.

Key Accountabilities

• Support the evaluation, pricing and structuring of new reinsurance opportunities across Asian markets
• Perform experience analyses, assumption setting and financial assessments across a broad range of life insurance products
• Participate in transaction due diligence to identify key risks and opportunities
• Partner with corporate development, investment, ALM, risk, legal and finance teams to support transaction execution and strategic initiatives
• Support commercial negotiations with cedants, brokers and advisors
• Develop, enhance and maintain pricing and cash flow projection models to assess transaction economics and risk profiles
• Work closely with investment and ALM teams to understand how asset and derivative strategy influence transaction economics and structure
• Prepare and present pricing reports and recommendations to the Chief Underwriting Officer and transaction governance committees
• Contribute to the continued growth of the Asia franchise
• Actively promote and uphold the values of the company, ensuring that it operates with the highest levels of integrity, skill, care and due diligence

Key Requirements

• Approximately 5+ years of actuarial experience within life insurance or reinsurance
  • Strong understanding of life insurance products and actuarial valuation or pricing methodologies
  • Experience in Asian life insurance markets (Japan, Hong Kong, Singapore, and Korea), either directly within local markets (insurer or consultancy) or through reinsurance transaction work with a reinsurer
  • Experience in reinsurance, consulting, transaction support, M&A, capital management or pricing would be highly advantageous
  • Exposure to asset-intensive reinsurance structures is beneficial but not required
• Qualified actuary (FIA, FSA, FCIA or equivalent)
• Strong analytical and problem-solving capabilities
• Advanced Excel modelling skills
• Experience with actuarial modelling platforms such as Prophet, AXIS or equivalent is advantageous
• Experience in Python, R, VBA or other automation tools is highly desirable

Key Attributes

• Commercially minded with a strong interest in transactions and deal-making
• Intellectual curiosity and willingness to challenge assumptions
• Strong communication and presentation skills
• Language skills relevant to one or more of our key Asian markets (Japanese, Korean, Mandarin, Cantonese) would be advantageous
• Able to manage multiple priorities in a fast-paced environment across multiple time zones
• Collaborative team player with the confidence to engage senior stakeholders
• Motivated to develop expertise in the rapidly growing asset-intensive reinsurance market