Senior/Originator SEA, Munich Re Markets

MUNICH MANAGEMENT PTE. LTD.; Singapore; Hybrid; SGD 20,000 - 60,000; Full time

Job summary

A leading reinsurance firm in Singapore is seeking a qualified actuary to assist in origination activities for their business in South-East Asia and Hong Kong. The ideal candidate has 10-15 years of experience in Life Insurance with strong analytical skills and stakeholder management abilities. This role offers flexible and hybrid work arrangements along with comprehensive benefits including dental and life insurance.

Benefits

Flexible and hybrid working arrangements

Generous annual leave allowance

Comprehensive dental, life and health insurance coverage

Qualifications

• Approximately 10-15 years of work experience in Life Insurance.
• Strong understanding of technical actuarial calculations.
• Proficiency in native languages of the client markets.

Responsibilities

• Assist in driving origination activities for MRM business in SEA and HK market.
• Build and maintain relationships with insurers, banks, and other financial institutions.
• Work closely with internal teams to customize and execute solutions.

Skills

Actuarial knowledge

Stakeholder management

Analytical skills

Relationship building

Education

Qualified Actuary

Job description

Munich Re Markets (“MRM”) within Munich Re is specialised in all types of strategic transactions for our life insurance companies' clients worldwide. Strategic transactions include capital management, financing, strategic risk transfer and, last but not least, the reinsurance of new savings and retirement products.

MRM has developed and reinsured numerous individualised saving products across the globe and has infrastructure in place to reinsure, administer and risk manage savings and retirement products. MRM is expanding the SEA origination team to meet increased demands reinsurance of Savings, Retirement and Investments Insurance Products across the regions.

This position is based in Singapore and reports to the Head of Origination SEA, Munich Re Markets, supporting transactions in South-East Asia and Hong Kong. Travelling is expected.

Your Role

• Assist in driving origination activities for MRM business in SEA and HK market
• Build and maintain relationships with insurers, banks, and other financial institutions to identify and develop new opportunities
• Stay abreast of regulatory developments and market trends to anticipate client needs and drive innovative solutions
• Work closely with internal teams to customize, negotiate and execute solutions tailored to client needs
• Manage implementation and ongoing operational processes of reinsurance transactions.
• Work and collaborate closely with internal and external stakeholders.

Your Profile

• Qualified Actuary or a professional with actuarial knowledge
• Approximately 10-15 years of work experience in Life Insurance preferably in Actuarial Consulting, Product Management or Valuation functions
• Strong understanding of technical actuarial calculations, possess analytical and conceptual skills
• Proficiency in native languages of the client markets, to support communication with clients who prefer these languages, and ability to network
• Task-focused and able to collaborate within a team environment
• Good stakeholder management skills to work in a global organisation

Our Benefits

• Flexible and hybrid working arrangements
• Generous annual leave allowance
• Comprehensive dental, life and health insurance coverage