Assistant Manager, Actuarial Pricing (Raffles Health Insurance)

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 that only shortlisted profiles will be contacted.