Product Actuary, Third Party

2 days ago


Singapur, Singapore Liberty Mutual Group Full time

As a key partner to the APAC business unit, the Actuary will support the Asia Pacific profit, growth and operational objectives by providing meaningful, insightful, high‑quality and timely actuarial advice. The role covers actuarial analysis in pricing, product development, research and support, business planning and finance. It includes consultation to senior managers and employees on actuarial, financial and business planning matters as well as leading or participating in projects that improve the quality of information, analysis and processes. Preference for Singapore or Hong Kong with flexibility to work from LII Asia offices. The role also requires supporting the Australia Third Party business. Responsibilities Partner with APAC Third Party business and support the Senior Product Actuary in business planning, account pricing, portfolio monitoring, segment analysis, rater review and enhancement. Work with underwriters to review and enhance pricing calculators, ensuring alignment with the latest claims trends, expense structures and market conditions. Conduct case pricing of individual large accounts and provide clear, commercially balanced recommendations to underwriters. Prepare segment analysis and exhibits for quarterly actuarial reviews; actively discuss quarterly portfolio experience with underwriters and claim employees. Maintain and enhance portfolio performance reporting, exploring opportunities to leverage centralized actuarial tools and platforms. Provide historical data analysis and prospective estimates to support the planning process; work with reserving teams to ensure assumptions are aligned and feedback loops are in place. Offer technical support to Third Party business functions including underwriting, claims, finance, reinsurance and compliance. Take ownership of deliverables, ensuring accuracy, thorough review and timely completion. Provide technical training and guidance to junior team members, supporting their professional development. Contribute to an effective team environment by interacting professionally with all team members and providing development, support and assistance as required. Ensure compliance with all legal, statutory and corporate affairs requirements on a timely basis. Tackle responsibilities and show initiative in developing your technical and soft skills. Continuously seek improvement of products through the refinement of practices and processes. Perform other related duties as assigned by your manager or appropriate officer. Competencies Sound numerical and analytical skills. Strong customer focus – internal facing. Advanced attention to detail and accuracy. Advanced prioritization and time management. Excellent relationship building. Strong verbal and written communication and presentation skills. Strong ability to drive for results and focus on outcomes. Proactive initiative. Sound decision‑making based on logical reasoning. Developing people‑management and leadership skills. Qualifications Qualified Actuary with ideally 2+ years post‑qualification experience. Minimum 5+ years experience in the insurance industry; commercial insurance experience desired but not required. Knowledge of casualty, liability or long‑tail classes is desirable. Excellent working knowledge of PC‑based systems (Outlook, Word, PowerPoint, MS Access) with advanced Excel skills. VBA, SQL or Python skills are desirable. #J-18808-Ljbffr



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