Head of Strategic Product Pricing

Prudential Group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

A leading company is seeking a senior actuary to oversee innovative product pricing strategies. This role involves collaboration with various stakeholders, guiding a team, and ensuring compliance with regulatory requirements. The ideal candidate will have a degree in actuarial science, over 10 years of experience, and 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.

Responsibilities

• Responsible for pricing innovative, strategic products.
• Leading negotiations with reinsurers and obtaining product approvals.
• Accountable for team KPIs and development.

Skills

Leadership

Communication

Business Acumen

Detail Oriented

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