Actuarial Intern

Allianz Insurance Singapore; Singapore; On-site; SGD 27,900 - 50,220; Full time

Job summary

Allianz Insurance Singapore is seeking a motivated undergraduate to support underwriting and pricing efforts for motor business. You will conduct competitor analysis, assist with product development, and communicate with internal and external stakeholders to streamline processes.

Ideal candidates excel in finance and analytics, have Python programming experience, and can translate complex data into actionable insights for portfolio reviews and business opportunities.

Qualifications

• Undergraduate student pursuing a degree in business, finance, actuarial, mathematics.
• Strong financial and analytical skills.
• Programming experience is a must (Python).
• Ability to analyze complex data across multiple sources and resolve issues before they transpire.
• Excellent written and verbal communication skills.
• Ability to influence, persuade and motivate others to act.
• Good interpersonal skills and ability to work across cultures.
• AI skills such as ChatGPT and Microsoft Copilot are an advantage.

Responsibilities

• Assist with streamlining and transforming the end-to-end process of underwriting and pricing for motor business.
• Conduct competitor analysis, including premium rate comparisons, market insights and product positioning.
• Assist the owner of product development and coordinate with external distribution partners and internal teams.
• Independently monitor product performance and prepare slides for portfolio reviews.
• Support ad-hoc analysis and new business opportunities for distribution or management.

Skills

Python programming

Analytical thinking

Financial analysis

Interpersonal skills

Influencing others

Education

Pursuing undergraduate degree in business/finance/actuarial/mathematics

Tools

Python

Job description

Entity: Allianz Insurance Singapore

Responsibilities

• Assist with streamlining and transforming the end-to-end process of underwriting and pricing for motor business.
• Conduct competitor analysis, including comparison of premium rates, providing customer and market insight, and understanding product’s unique selling points and market positioning.
• Assist the owner of product development and clarify matters to external (distribution partners) and internal (distribution, IT/operations, finance, legal/compliance) stakeholders.
• Independently perform comprehensive product performance and monitoring to support portfolio management decisions including gathering feedback from sales people and preparing slides for portfolio review.
• Support ad-hoc analysis and new business opportunities assessment based on needs of distribution or management team.

Requirements

• Undergraduate who is currently pursuing a degree in business, finance, actuarial, mathematics preferred.
• Strong financial and analytical skills.
• Programming experience is a must (Python).
• Ability to analyze complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
• Ability to express ideas and messages clearly, both written and verbally.
• Ability to successfully influence, persuade and motivate others to act.
• Good interpersonal skills, ability to work across different cultures.
• AI‑Skills e.g. ChatGPT and Microsoft CoPilot an advantage.

Equal Opportunity

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.