Associate Director - Life & Health Analytics, Asia

AON REINSURANCE SOLUTIONS ASIA PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading actuarial consultancy in Southeast Asia is seeking an Actuarial Analyst to support markets through actuarial analytics. The role involves conducting analyses, developing pricing strategies, and participating in product development for Life & Health reinsurance. Candidates should have a minimum of 8 years' experience in relevant analytical roles and strong software skills, alongside a supporting educational background. This position is based in Singapore.

Qualifications

• Minimum of 8 years’ experience in Life & Health reinsurance or insurance in Southeast Asia.
• Experience in direct re/insurance pricing, product development, or capital management.
• Ability to perform experience analysis from multiple angles.

Responsibilities

• Conduct actuarial analyses for Indonesian clients.
• Present findings and explain results to stakeholders.
• Explore and model various reinsurance structures.

Skills

Actuarial pricing techniques

Analytical roles

Technical evaluation

Strong software skills

Experience analysis

Education

Fellow in Actuarial Studies or related fields

University graduate in mathematics, finance, or statistical studies

Job description

This role supports Indonesia and potentially SEA markets from actuarial analytics side, including experience study, developing pricing bases, product development, actuarial risk assessment, client presentation and other technical aspects.

Responsibilities

• Conduct actuarial analyses for Indonesian clients, in support of the client managers. This may include:
• Apply various actuarial pricing techniques such as experience and exposure rating, to assess the cost and benefits of reinsurance arrangements and articulate the numeric observations internally and externally.
• Conduct analysis and experience studies to develop or peer review best estimates.
• Participate in product development activities from a technical standpoint.
• Perform actuarial risk assessment and valuation of clients’ portfolios (VIF, NB projections) for the purpose of structuring, optimizing and pricing reinsurance.
• Explore and model various reinsurance structures to manage risk, quantify their relative costs and benefits, and assess their commercial feasibility.
• Present and explain results, conclusions and recommendations of the analyses to the relevant stakeholders (colleagues, clients, reinsurers).
• Organize data and actuarial information for future use and to support refining Aon’s view of experience.
• Enhance existing tools and methodologies, research and develop new models and products.

Qualifications

• University graduate, preferably Fellow in Actuarial Studies, or related fields such as mathematics, finance or statistical studies.
• 8 years’ experience in Life & Health reinsurance or insurance in Southeast Asia working in analytical roles, direct re/insurance pricing, product development or capital management.
• Strong software skills.
• Resourcefulness expressed through an ability to develop a view of actuarial experience based on available data.
• Ability to perform experience analysis and technical evaluation of a life reinsurance transaction, consider it from multiple angles and present it to different audiences (cedant, reinsurer, Aon colleagues).
• Self‑motivated, holds oneself accountable and takes ownership for problem resolution.
• A team player – able to adapt in a dynamic team environment.