Manager, Pricing, Protection, Asia

Pacific Asset Management, LLC; Singapore; On-site; SGD 140,000 - 210,000; Full time

Benefits offered by this job

Healthcare coverage

Life insurance for employee & depend‑s

Dental & Optical benefits

Flexible benefits

Job summary

Pacific Life Re is seeking a Manager, Pricing, Protection, Asia to lead the Asia Protection Pricing team from Singapore. You will own pricing activities, product development, and experience analysis, guiding a small team and collaborating with Underwriting and Client Solutions to deliver innovative pricing solutions across the region.

The role requires an essential actuary qualification and 8+ years in Life (Re)insurance, with strong pricing, analytical and leadership capabilities.

Qualifications

• Essential Qualified Actuary (IFoA, SOA or IOAA).
• 8+ years in Life (Re)insurance with actuarial principles.
• Experience in team management and pricing interactions.

Responsibilities

• Lead pricing and product development; mentor pricing team.
• Deliver pricing terms and models to clients and internal stakeholders.
• Peer review team members' work and ensure quality.
• Manage assigned pricing projects and quotes with minimal support.
• Support Client Solutions to strengthen client relationships.

Skills

Pricing expertise

Leadership

Analytical thinking

Communication

Education

Essential Actuary Qualification (IFoA/SOA/IOAA)

Tools

SAS

SQL

Emblem

Job description

Job Title

Manager, Pricing, Protection, Asia

The Role

We are looking to hire a Pricing Manager within the Asia Protection Pricing team at Pacific Life Re, a major global player in Life Reinsurance. The candidate will join as a senior member of the team and take on the ownership to manage a small team and pricing activities. As an influential and innovative protection expert, your expertise in pricing, product development and experience analysis will be crucial as you work alongside Underwriting and Client Solutions teams to deliver creative solutions to meet the needs of our clients across the region.

Duties

Responsible for the timely and accurate delivery of pricing terms and product development solutions to clients ensuring high technical standards of analysis and the production of high-quality pricing to clients and internal stakeholders.

Key tasks include:

• Manage detailed assessment of opportunities from pricing and risk perspective, with consideration on business strategy.


• Manage projects/quotes with minimal support.


• Peer Review team members’ work.


• Responsible for assigned on-going treaty reviews, pricing methodology and model reviews.


• Support Client Solutions team in building and maintaining effective relationship with clients and promoting the business’ brand.


• Provide leadership and mentoring within pricing team, ensuring appropriate development for direct reports.

Qualifications & Experience

• Essential Qualified Actuary (IFoA, SOA or IOAA)


• At least 8 years of working experience in Life (Re)insurance role with strong understanding of actuarial principles and processes.


• Prior experience in relevant markets and team management.


• Good technical and analytical skills and a demonstrable ability to plan, prioritise workloads and deliver tasks on time.


• Sound understanding of underwriting and claim practices and the interaction with pricing.


• Excellent written and verbal communication skills, ensuring appropriate stakeholder management during the end-to-end quote process.


• Awareness of systems such as SAS, SQL, Emblem is an advantage.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

• Leave 23 days of annual leave with option to buy/sell more days


• Adoption and fertility leave


• Generous enhanced parental leave


• Healthcare Comprehensive private insurance coverage for employee and dependents


• Group Term Life Insurance coverage of 5x basic annual salary


• Group Accelerated CI of 1x annual basic salary


• Group Accidental Death & Dismemberment of 3x annual basic salary


• Optical & Dental benefits


• Additional flexi benefits


• Wellness Access to Employee Assistance Program


• Time off for volunteering


• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values

At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda. With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.