Head of Strategic Product Pricing

Prudential Group; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A leading financial services firm in Singapore seeks a Senior Actuary to oversee pricing and strategy for innovative products. The successful candidate will lead negotiations, collaborate with multiple stakeholders, and manage a team of actuaries. A degree in Actuarial Science and at least 10 years of senior experience are required. This role emphasizes strong leadership and communication skills.

Qualifications

• At least 10 years of relevant experience in senior actuarial roles.
• Qualified actuary from a recognized professional actuarial body.
• Ability to manage, coach, and motivate large teams.

Responsibilities

• Responsible for pricing innovative, strategic products.
• Carry out pricing framework & strategy, lead negotiations with reinsurers.
• Collaborate with product development and compliance on new product implementation.

Skills

Leadership

Communication

Attention to detail

Business acumen

Education

Degree in Actuarial

Job description

Responsible for pricing of innovative, strategic products

• Carry out pricing framework & strategy, leading the negotiations with reinsurers, obtaining internal & regional product approval and complying with local regulatory product filing/approval requirement
• Provide technical guidance on the pricing/modelling effort
• Communicate the key financial metrics to the senior management
• Collaborate with product development, technology, compliance and other internal stakeholders on implementation of new products
• Support all queries pertaining product features and designs and prioritize workflows to best meet the timeline of deliverables
• Lead a team and is accountable for the KPIs and development of the members
• Develop department plans, controls, resources and formulate policies in area of responsibility
• Look beyond existing solutions and own area to define/resolve complex issues in new situation

Competencies & Personal Traits

• Strong leadership traits to provide guidance and motivation to staffGood communicator. Possess the ability to explain complex actuarial matters to layman in non-technical and succinct languages.
• Detailed oriented
• Committed to excellence and always strive to deliver results with high standards
• Ability to manage, coach and motivate large teams
• Possesses strong business acumen

Working Experience

At least 10 years of relevant experience in senior actuarial roles or positions

Professional Qualifications

Qualified actuary from a recognized professional actuarial body

Education

Degree in Actuarial

Language

English