Associate Director - Life & Health Analytics, Asia

AON REINSURANCE SOLUTIONS ASIA PTE. LTD.; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A leading global reinsurance firm is seeking an experienced actuarial analyst to support actuarial analytics in Southeast Asian markets. You will conduct analyses, develop pricing and risk assessment strategies, and present findings to stakeholders. The ideal candidate holds a degree in Actuarial Studies or related fields, has eight years of relevant experience, and possesses strong analytical software skills. This role offers an opportunity to work in a dynamic team environment.

Qualifications

• 8 years’ experience in Life & Health reinsurance or insurance in Southeast Asia.
• Ability to perform experience analysis and technical evaluation of transactions.
• Strong development skills based on available data.

Responsibilities

• Conduct actuarial analyses for Indonesian clients.
• Apply various pricing techniques for reinsurance assessments.
• Participate in product development activities from a technical standpoint.
• Perform actuarial risk assessment and valuation for client portfolios.
• Present analyses results to stakeholders.

Skills

Actuarial pricing techniques

Analytical roles

Software skills

Problem resolution

Team player

Education

University graduate in Actuarial Studies or related fields

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.