Actuarial Manager

Munich Re; Singapore; Hybrid; SGD 70,000 - 100,000; Full time

Job summary

A leading global reinsurer is looking for an experienced Actuarial Manager in Singapore. The role focuses on pricing and product innovation, collaborating with internal teams, and market analysis. Candidates should have a degree in Actuarial Science or related fields and 3-7 years of experience in the life insurance sector, particularly in the Mainland China market.

Benefits

Competitive annual leave

Comprehensive health insurance

Market-competitive retirement scheme

Flexible working arrangements

Qualifications

• 3-7 years of experience in the life insurance or reinsurance industry.
• Background in pricing or valuation.
• Familiar with Life & Health business in Mainland China.

Responsibilities

• Assist in daily technical work focusing on pricing and product innovation.
• Collaborate with teams to evaluate client proposals.
• Conduct market intelligence studies for product updates.

Skills

Analytical skills

Problem-solving skills

Communication skills in English

Communication skills in Mandarin

Attention to detail

Education

Degree in Actuarial Science, Mathematics, Statistics

Job description

Company
Munich Re
Location
Singapore , Singapore

Munichre Service Limited, part of Munich Re, the world's largest reinsurer, is recruiting an Acturial Manager to provide tehnical support to actuarial functions (e.g. pricing, product innovation, and experience studies etc) for Mainland China & Hong Kong business as required.

Your Role

• Assist in daily technical work with a primary focus on pricing and product innovation, while providing support in other areas such as treaties and experience studies.
• Collaborate with internal teams to evaluate client proposals and co-develop solutions.
• Proactively monitor market development and conduct insurance market intelligence study for product updates in market.
• Coordinate with relevant Greater China business stakeholders, and occasionally with regional stakeholders, to ensure alignment and effective collaboration.
• Assist in providing on-the-job training to junior members of the team if needed.
• Support ad-hoc projects and other duties as required

Your Profile

• Major in Actuarial Science, Mathematics, Statistics or related disciplines
• 3-7 years of experience, preferably in the life insurance or reinsurance industry, with a background in pricing or valuation
• Sound analytical and problem-solving skills with strong attention to details
• Good communication skills in written and conversational English and Mandarin. Cantonese is a plus.
• Familiar with Life & Health businese in Mainland China market. Understanding of Hong Kong market is a plus.

Our Benefits

• Competitive annual leave entitlement
• Comprehensive life and health insurance coverage
• Market-competitive retirement scheme
• Flexible and hybrid working arrangements
• Employee assistance program

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.