Associate Director - Life & Health Analytics, Asia

AON REINSURANCE SOLUTIONS ASIA PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading actuarial consulting firm in Singapore is seeking a seasoned Actuary with extensive experience in Life & Health reinsurance. The candidate will conduct analyses for Indonesian clients, apply actuarial pricing techniques, and participate in product development. A successful applicant will hold a degree in Actuarial Studies or related fields and have at least 9 years' experience in Southeast Asia. Strong software skills and ability to work in a dynamic team are essential for this role.

Qualifications

• University graduate, preferably Fellow in Actuarial Studies or related fields.
• At least 9 years’ experience in Life & Health reinsurance or insurance in Southeast Asia.
• Strong software skills and resourcefulness in developing actuarial insights from data.

Responsibilities

• Conduct actuarial analyses for Indonesian clients to support client managers.
• Apply actuarial pricing techniques to assess reinsurance arrangements.
• Participate in product development from a technical standpoint.
• Perform actuarial risk assessment and valuation of client portfolios.

Skills

Actuarial

Risk Assessment

Valuation

Reinsurance

Mathematics

Capital

Team Player

Articulate

Product Development

Pricing

Education

University degree in Actuarial Studies, Mathematics, Finance, or related fields

Job description

Roles & 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 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

Skills and experience that will lead to success

• University graduate, preferably Fellow in Actuarial Studies, or related fields such as mathematics, finance or statistical studies.
• At least 9 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 which would be expressed through an ability to develop 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 angle 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.

Tell employers what skills you have

• Actuarial
• Risk Assessment
• Valuation
• Reinsurance
• Mathematics
• Capital
• Team Player
• Articulate
• Product Development
• Pricing