Life Pricing Executive (6 Months Contract)

FWD Group Management Holdings Limited; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

FWD Group Management Holdings Limited is seeking a Life Pricing Analyst to perform pricing tasks and support product development across multiple markets. You will work closely with the life pricing team, ensure robust checks, and contribute to regulatory filings while building expertise in IFRS17 and actuarial modeling.

The role emphasizes collaboration with internal stakeholders and reinsurers to deliver innovative and compliant life products that meet business KPIs.

Qualifications

• Degree-holder with 1-2 years of experience in life insurance companies.
• Fresh graduates can be considered.

Responsibilities

• Support life pricing tasks: feasibility, pricing model, assumptions, calculations, reports and regulatory filing.
• Collaborate with cross-functional teams to ensure new products launch with robust checks and compliant workflow.
• Develop culture of product innovation through collaboration with partners, customers, internal stakeholders and reinsurers.
• Proactively identify pricing risks and propose solutions.
• Acquire actuarial knowledge to perform routine pricing tasks (RBC2, EV, Prophet, IFRS17).
• Support ad-hoc projects to deliver business requirements and KPIs.

Skills

Pricing

Financial modeling

IFRS17

Education

Bachelor's degree

Tools

Prophet

RBC2

Job description

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com. In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient. If you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

Purpose

To perform Life product pricing and be involved in product development through to product launches.

Key Accountabilities

• Support the life pricing team in product pricing tasks, including product feasibility assessment, building pricing model, propose assumptions, perform financial calculations, sensitivity testing, completing pricing report and regulatory filing.
• Collaborate closely with the team and cross-functional stakeholders to ensure new products are launched successfully complete with robust checks, integration of full workflow and compliance to relevant policies, regulations and guidelines.
• Develop strong culture of product innovation through collaboration with partners, customers, internal stakeholder and re-insurers.
• Pro-active in identifying product and pricing risks and propose solutions.
• Pro-active in acquiring the necessary technical actuarial knowledge to carry out routine pricing tasks, including (but not limited to) RBC2, EV, Prophet, IFRS17 etc.
• Support in ad-hoc projects to deliver business requirements and KPIs.

Qualifications / Experience

Degree-holder with 1 - 2 years of experiences in life insurance companies Fresh graduate can be considered.

Knowledge, Skills & Ability

Strong knowledge about life insurance industry. Strong interpersonal and communication skills. Excellent command of English.

Follow us on LinkedIn