A&H Actuarial Analyst, Consumer, APAC

Chubb; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global insurance company in Singapore is seeking an experienced Actuarial Analyst to support portfolio management, focusing on Accident & Health lines. Responsibilities include conducting portfolio reviews, analyzing results, and automating processes to enhance efficiency. The ideal candidate has strong actuarial skills, insurance knowledge, and effective communication abilities. A Bachelor's degree in Actuarial Science, Statistics, or Mathematics is required, as well as a proactive attitude to drive constant improvement in a highly matrixed environment.

Qualifications

• A&H/IPL Product/Business experience in actuarial with insurance knowledge.
• Ability to work effectively in a highly-matrixed organization.
• Strong influencing and interpersonal skills in a high-performing work environment.

Responsibilities

• Conduct quarterly portfolio reviews and monitor actual vs expected results.
• Automate processes to enhance efficiency wherever possible.
• Participate in Consumer lines Reserve Review process.

Skills

Actuarial skills

Insurance knowledge

Strong influencing skills

Interpersonal skills

Pricing experience

Underwriting experience

Resilience

Innovative thinking

Communication skills

Analytical skills

Education

Bachelor's Degree in Actuarial/Stats/Mathematics

Tools

EMBLEM

Job description

Purpose

The Actuarial Analyst plays a critical role in maintaining profitability and driving growth by providing actuarial and portfolio management support to the senior actuarial and management team.

Job Description

As a key member of the Regional Consumer portfolio management team, the analyst is actively involved in supporting the Accident & Health (A&H) lines of business, with a primary focus on Leisure Travel and Basic Book (Corporate accounts) portfolios.

Responsibilities include conducting quarterly portfolio reviews, monthly monitoring of actual versus expected results, and performing data extraction, reconciliation, and actuarial analysis.

The analyst is expected to automate processes wherever possible to enhance efficiency. Additionally, the role supports the annual planning loss peg process for designated lines of business, including contributions to the Strategic Plan and Rebridge activities.

Responsibilities

Planning & Rebridge pegs

• Ensure that yearly Rebridge/Planning/Strategic Planning peg is appropriately recommended by reflecting future business mix change and latest experience as well as impact of underwriting actions and agreed by the business unit and actuaries.

Quarterly Portfolio Review

• Participate in the Consumer lines Reserve Review process performed by actuaries and engage UW team and the business units.
• Tracking of loss pegs (Central and MBE) against the Actual and DCBE.

Monthly Actual vs Expected

• Work closely with Regional actuarial team in monitoring monthly AvE and attend for early signals.

Portfolio Management

• Conduct detailed portfolio management segmentation analysis for Travel and Basic Book portfolio.

Qualifications

• A&H/IPL Product/Business in actuarial, Insurance knowledge and understanding Chubb
• Proven record of ability to work effectively in a highly-matrixed organization across all levels of an organization.
• Possess strong influencing and interpersonal skills, honed in a demanding and high performing work environment.
• Pricing and underwriting A&H/IPL accounts in a multinational environment.
• Advanced level of programs and EMBLEM
• Actuarial reserving & pricing experience
• A passion for people and learning, helping people to be better/stronger in their skills.
• Resilience and can-do attitude
• An energy to get things moving and some wins on the board, for constant improvement
• Open and strong communication, excellence in execution, innovative thinking, an inclusive mind-set
• Bachelor’s Degree in Actuarial/Stats/Mathematics