AVP, Actuarial & Pricing AVP, Actuarial & Pricing …

Great Eastern Life Assurance Co Ltd
in Singapore
Permanent, Full time
Be the first to apply
Competitive
Great Eastern Life Assurance Co Ltd
in Singapore
Permanent, Full time
Be the first to apply
Competitive
AVP, Actuarial & Pricing
Job Purpose
We are looking for an aspiring actuary to join our actuarial Accident & Health (A&H) team. Reporting to the Head of Pricing (A&H), you will be part of a dynamic team of actuaries and assist the company in the managing of the A&H portfolio. This includes product pricing, experience analysis, business planning.
The Job
  1. Product pricing and data analysis
    1. Design and develop pricing models that meet internal and regulatory requirement;
    2. Design and perform data analysis with the aim of providing actionable insights, as well as setting pricing assumptions;

  1. Collaborate with internal/ external stakeholders to price and develop A&H products. This includes:
  1. Collaborating with internal stakeholders on the design and pricing of the Health products; and
  2. Work closely with underwriters and claims managers to integrate new A&H product features into their day to day operational activities.
  3. Assisting the Company in driving the A&H business through experience and profitability analysis on various A&H business lines, with particular focus on the Health and Personal Accident portfolio.
  4. Play a leading role in actuarial pricing related projects, and supporting the business units in achieving their key performance indicators.
  5. Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
  6. Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
  7. Highlights any potential concerns /risks and proactively shares best risk management practices.
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