Assistant Manager, Actuarial (Pricing) - #1117258

Raffles Medical Group


Date: 1 day ago
District: Singapore
Contract type: Full time
Work schedule: Full day
Raffles Medical Group

Job Summary

The successful candidate will play a pivotal role in the development of commercially viable health insurance customer offerings. This role will primarily be involved in pricing of new business / products and will be working closely with both the Business Sales and Product Development teams.


Job Responsibilities

  • Be involved in pricing, carrying out data analytics and portfolio management for Group, Individual Health and Shield portfolios

  • Conduct regular assumption studies including inflation study, expense study and technical pricing review

  • Maintain and enhance pricing tools and quotation engine

  • Support system set up and implementation for product launches

  • Produce and enhance business management information and client reports, with a focus on data-driven insights that will facilitate discussion of business strategies

  • Engage reinsurers to put in place reinsurance arrangements, as part of the new product development process and to maintain existing facultative reinsurance arrangements

  • Collaborate with stakeholders to implement key strategic initiatives


Requirements

  • Actuarial / Mathematics / Statistics Degree

  • Good progress in the Actuarial professional examinations

  • At least 6 years of relevant experience

  • Excellent knowledge of MS Excel, with basic knowledge of VBA

  • Good knowledge of Python

  • Excellent communication and presentation abilities

  • Meticulous and resourceful individual

  • Ability to work both independently and collaboratively  

  • Experience in pricing of Group Employee Benefit schemes


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