Senior Pricing Actuary - Life

PartnerRe Ltd.; Singapore; On-site; SGD 120,000 - 190,000; Full time

Job summary

PartnerRe Ltd. is seeking a Life and Health Senior Pricing Actuary to join our growing team in Singapore or Hong Kong. You will price life reinsurance treaties and support product development for Greater China and Southeast Asia, reporting to the Head of Pricing, Greater China and Southeast Asia.

You will perform actuarial pricing analyses, own assumptions, and provide technical expertise while collaborating with underwriters and client markets to ensure sustainable business growth.

Qualifications

• 8 years of experience in life insurance pricing (pricing/data analytics preferred).
• FIA or equivalent qualification.
• Strong ability to analyse big data and provide actionable insights.
• Proficiency in actuarial software and programming languages (R, Python, Axis, Prophet).

Responsibilities

• Perform actuarial pricing exercises for life reinsurance quotes across designated markets.
• Support deal underwriters in tender responses with sound assumptions and technical analyses.
• Develop pricing benchmarks and tools; peer-review quotations for accuracy.
• Collaborate with cross-functional teams to assess risks and ensure sustainable business.

Skills

Actuarial pricing

Data analytics

Big data analysis

Communication

Education

FIA or equivalent

Tools

R

Python

Axis

Prophet

Job 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:

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

PartnerRe is an equal opportunities employer.

We are looking to hire aLife and Health Senior Pricing Actuaryto 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.

In detail your responsibilities will include:

• 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 8 years of experience in life insurance (preferably in pricing/data analytics) and are recently/ nearly qualified Life Actuary (FIA or equivalent).

Furthermore, you have the following background, skills and mindset:

• 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

#LI-Hybrid:

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.