Pricing Actuary

PartnerRe; Singapore; On-site; SGD 90,000 - 140,000; Full time

Job summary

PartnerRe is seeking an APAC pricing professional to support non-life P&C pricing and lead end-to-end data crunch with India resources. You will price reinsurance treaty business and participate in discussions with actuaries, underwriters and stakeholders.

The role requires 3–5 years in non-life (re)insurance, familiarity with actuarial pricing theory, and Excel VBA. A numerate degree and professional qualifications are valued, and knowledge of AI in data analysis is a plus.

Qualifications

• 3–5 years experience in non-life (re)insurance pricing.
• Experience with multiple lines of business preferred.
• Understanding of actuarial pricing theory and its limitations.

Responsibilities

• Price reinsurance treaty business, providing transparent technical insight into the business.
• Participate in account discussions with actuaries, underwriters and other stakeholders.
• Participate in market meetings and contribute to the development of market insights.
• Prioritizing and ensuring delivery of final product within the specified timeframe.
• Utilization of PartnerRe actuarial models and understanding of underlying actuarial theory.
• Manage the recruitment, training and task-allocation process with respect to the Asia data crunch team.
• Work closely with the India third party resource to provide holistic data crunch support to the wider PartnerRe Group.

Skills

English

Asian language

Education

Actuarial Science

Data Analytics

Tools

Excel VBA

AI in data analysis

Job description

PartnerRe is an equal opportunities employer.

About The Role

Support APAC pricing across all non-life P&C businesses. In addition, manage the data crunch end-to-end process including working closely with India third party resources.

Key Responsibilities

• Price reinsurance treaty business, providing transparent technical insight into the business
• Participate in account discussions with actuaries, underwriters and other stakeholders
• Participate in market meetings and contribute to the development of market insights
• Prioritizing and ensuring delivery of final product within the specified timeframe
• Utilization of PartnerRe actuarial models and understanding of underlying actuarial theory
• Manage the recruitment, training and task-allocation process with respect to the Asia data crunch team
• Work closely with the India third party resource to provide holistic data crunch support to the wider PartnerRe Group

Work Experience

• 3 to 5 years experience working in a non-life (re)insurance firm
• Candidates with reinsurance treaty pricing experience preferred
• Experience working across multiple lines of business preferred (e.g. Property, Liability, Marine)

Technical Skills / Competencies

• Languages: Fluent in English. Competency in an Asian language is preferred
• Programming Skills: Basic skills in Excel VBA. Experience in other programming skills is a plus. Knowledge of AI in data analysis will be looked upon favorably
• Mathematical & Statistical Knowledge: Understanding of actuarial pricing theory, including understanding the drawbacks when using different loss projection methods. Knowledge of Cat Modelling will be looked upon favorably
• Industry Knowledge: Understanding market conditions, client motivations and how different reinsurance structures work to achieve the motivations. Familiarity with treaty slip clauses will be looked upon favorably
• Problem-Solving: Identifies problems and applies critical thinking to develop solutions
• Analytical Perspective: Ability to view topics or situations from both macro and micro perspectives

Behavioural Competencies

• Intellectual Curiosity: Eager to expand knowledge
• Motivated and Reliable: Consistently demonstrates motivation and reliability in all tasks
• Communication & Time Management: Clear and succinct communication, good time management, attentive listening and informed decision-making under pressure
• Team Player: Actively contribute to finding the best solutions with a strong team spirit

Education

Tertiary education with focus on numerate discipline (e.g. Actuarial Science, Data Analyst, Econometrics).

Professional Qualifications or Designations

Candidates working towards professional actuarial qualifications will be viewed favourably.

Additional Information

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.