Pricing Actuary Life

PartnerRE Ltd.; Singapore; Hybrid; SGD 70,000 - 90,000; Full time

Job summary

A leading global reinsurer seeks a Life and Health Pricing Actuary to join their Singapore team. This role involves pricing life reinsurance treaties and supporting product development for Greater China and Southeast Asia. Candidates should have around 6 years of experience in life (re)insurance, preferably in pricing, and be proficient in data analysis and actuarial software. The position offers a collaborative environment and opportunities for professional growth.

Qualifications

• Around 6 years of experience in life (re)insurance, preferably in pricing/data analytics.
• Ability to analyze big data sets, identify key insights and provide recommendations.
• Self-motivated with strong problem resolution and prioritization skills.

Responsibilities

• Perform pricing of quotes across responsible markets while ensuring compliance.
• Conduct peer review on quotations to ensure accuracy of financial results.
• Collaborate with a cross-functional team to assess risks associated with opportunities.
• Contribute to the development of specific reinsurance solutions and products.
• Develop and maintain pricing benchmarks, tools, and methods.

Skills

Data analysis

Communication skills

Proficiency in R/Python/Axis/Prophet

Critical Illness pricing experience

Education

Recently/nearly qualified Life Actuary (FIA or equivalent)

Job description

Company Description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

• Shape your own career
• Grow in a supportive environment
• Connect with a community of experts
• Make an impact

ViewHome - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.

We are always looking for bright, proactive individuals to join our team!

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PartnerRe is an equal opportunities employer.

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Life and Health Pricing Actuary

We are looking to hire a Life and Health Pricing Actuary to join our growing team in either Singapore or Hong Kong, reporting to the Head of Pricing, Greater China and Southeast Asia. In this role you will be responsible for the pricing of life reinsurance treaties and support the product development primarily for Greater China and Southeast Asia.

Your role

You will be responsible for performing actuarial pricing exercises and supporting the deal underwriter in preparing responses to tenders. This typically involves carrying out actuarial analyses, proposing and owning assumptions, and providing technical expertise.

Responsibilities

• Performing and documenting the pricing of quotes across responsible markets while ensuring compliance to internal standards, thorough risk assessment and application of best practice
• Performing peer review on quotations to ensure accuracy of financial results
• Collaborating with a cross-functional team of professionals from client markets and underwriting towards assessing the risks associated with a particular opportunity and ensure the sustainability of the business written
• Contributing to the development of market specific reinsurance solutions and products
• Developing, enhancing and maintaining pricing benchmarks, tools and efficient methods of carrying out existing processes.

Your profile

You bring around 6 years of experience in life (re)insurance (preferably in pricing/data analytics) and recently /nearly qualified Life Actuary (FIA or equivalent). Furthermore, your profile is surrounded by the following skills and knowledge:

• Ability to analyse big data sets, identify key insights and provide recommendations. Critical Illness pricing experience is a plus
• Proficiency in programming languages and actuarial software (R/Python/Axis/Prophet) is advantageous
• Excellent communication skills, including the ability to communicate complex technical issues in an effective way
• Self-motivated, holds oneself accountable and takes ownership for problem resolution, able to prioritize under pressure of competing deadlines

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.

#LI-Hybrid:

Thank you,

PartnerRe Hiring Team