Assistant Manager /Actuarial

RAFFLES HEALTH INSURANCE PTE. LTD.; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A prominent health insurance company in Singapore is seeking a skilled professional to take on a pivotal pricing and analytics role within the team. The ideal candidate will have an actuarial or mathematics degree, at least 6 years of relevant experience, and excellent skills in MS Excel and Python. This position plays a crucial part in the development of innovative health insurance offerings, requiring strong analytical abilities and effective communication skills.

Qualifications

• Good progress in the Actuarial professional examinations.
• At least 6 years of relevant experience.
• Meticulous and resourceful individual.

Responsibilities

• Pricing, data analytics, and portfolio management for health insurance portfolios.
• Conduct regular assumption studies including inflation and expense studies.
• Maintain and enhance pricing tools and quotation engine.
• Support product launch system setup and implementation.
• Produce business management info and client reports with data-driven insights.
• Engage reinsurers for reinsurance arrangements.

Skills

MS Excel

VBA

Python

Communication

Presentation

Education

Actuarial / Mathematics / Statistics Degree

Job description

Job Summary

The successful candidate will play a pivotal role in the development of commercially viable health insurance customer offerings. This role will primarily be involved in pricing of new business / products and will be working closely with both the Business Sales and Product Development teams.

Job Responsibilities

• Be involved in pricing, carrying out data analytics and portfolio management for Group, Individual Health and Shield portfolios
• Conduct regular assumption studies including inflation study, expense study and technical pricing review
• Maintain and enhance pricing tools and quotation engine
• Support system set up and implementation for product launches
• Produce and enhance business management information and client reports, with a focus on data-driven insights that will facilitate discussion of business strategies
• Engage reinsurers to put in place reinsurance arrangements, as part of the new product development process and to maintain existing facultative reinsurance arrangements
• Collaborate with stakeholders to implement key strategic initiatives

Requirements

• Actuarial / Mathematics / Statistics Degree
• Good progress in the Actuarial professional examinations
• At least 6 years of relevant experience
• Excellent knowledge of MS Excel, with basic knowledge of VBA
• Good knowledge of Python
• Excellent communication and presentation abilities
• Meticulous and resourceful individual
• Ability to work both independently and collaboratively
• Experience in pricing of Group Employee Benefit schemes

We regret to inform that only shortlisted candidates will be notified.