Pricing Intern - Actuarial Modeling & Reinsurance

Pacific Life Re Limited; Singapore; On-site; SGD 17,000 - 28,000; Full time

Job summary

Pacific Life Re Limited invites an undergraduate actuarial student to join the pricing team in Singapore. You will collaborate closely with pricing actuaries and client managers on reinsurance pricing, modelling, analysis and documentation.

Responsibilities include deriving assumptions for mortality/morbidity risks, conducting experience reviews, and supporting other pricing initiatives or model enhancements as needed.

Qualifications

• Undergraduate pursuing a degree in Actuarial Science.
• Proficient in Microsoft Excel and programming.
• Strong analytical and communication skills, with a proactive attitude toward self-learning and independent problem-solving.
• Good understanding of actuarial valuation principles, i.e. having completed actuarial life contingency course.
• Detail oriented with the ability to work to timelines.

Responsibilities

• Support the pricing of reinsurance quotes, including modelling, analysis and documentation.
• Assist in assumption setting, through derivation of assumptions and documentation for mortality/morbidity risks.
• Assist in conducting experience reviews for in-force reinsurance treaties, including collating data, analysis and results documentation.
• Provide support on other ad-hoc pricing initiatives or tasks where required (e.g. actuarial model enhancements, treaty review etc.)

Skills

Excel

Programming

Analytical skills

Communication skills

Education

Actuarial Science (undergraduate)

Job description

Pacific Life Re Limited invites an undergraduate actuarial student to join the pricing team in Singapore. You will collaborate closely with pricing actuaries and client managers on reinsurance pricing, modelling, analysis and documentation.

Responsibilities include deriving assumptions for mortality/morbidity risks, conducting experience reviews, and supporting other pricing initiatives or model enhancements as needed.