Senior Reinsurance & Risk Strategy Leader

Prudential Services Asia; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Prudential Services Asia is seeking a seasoned actuary to assess, advise and plan for future risks using commercial, market and economic insights. The role focuses on reinsurance initiatives and strategic partnerships.

You will lead reinsurance governance, support committees, ensure timely signing of treaties, develop controls and report to MAS and regional offices. At least 7 years of actuarial experience and qualification are required.

Qualifications

• Good technical, analytical and problem solving skills, with the ability to work independently.
• Substantial managerial experience
• Good communication skills
• Details oriented
• Self‑motivated and outcome oriented
• Committed to excellence and always strive to deliver results with high standards
• Strong leadership traits to provide guidance and motivation to staff

Responsibilities

• Responsible for management and implementation of reinsurance initiatives.
• Providing support to other special projects where the partnership with reinsurers are involved.
• Providing secretariat support to the Reinsurance Sub-Committee, including the production of the key Reinsurance management information.
• Responsible for the timely signing and execution of reinsurance treaties backing all reinsurance arrangements.
• Responsible for reinsurance administrative process, not limited to design and automate reinsurance process.
• Liaises and negotiates with reinsurers to maximize PACS stakeholders benefits.
• Responsible for financial reinsurance projects and reinsurance for new product pricing.
• Design and enforcement on controls / SOP around reinsurance system setup and changes/enhancements.
• Ensure proper documentation and implement best practices for the entire reinsurance work.
• Responsible for reinsurance reporting to MAS, senior management and regional office.
• Develop department plans, controls, resources and formulate policies in area of responsibility.
• Look beyond existing solutions and own area to define/resolve complex issues in new situation.

Skills

Technical skills

Analytical thinking

Problem solving

Leadership

Communication

Detail oriented

Self-motivated

Education

Degree in Actuarial

Qualified/Nearly qualified actuary

Job description

Prudential Services Asia is seeking a seasoned actuary to assess, advise and plan for future risks using commercial, market and economic insights. The role focuses on reinsurance initiatives and strategic partnerships.

You will lead reinsurance governance, support committees, ensure timely signing of treaties, develop controls and report to MAS and regional offices. At least 7 years of actuarial experience and qualification are required.