Actuarial Pricing Analyst (MNC Bank l 12 months l up to $7K)

Location Singapore
Discipline Insurance
Job Reference BBBH137989_1714964367
Salary S$5000 - S$7000 per month
Consultant Name Rupa Kankariya
Consultant Email rupa.kankariya@manpower.com.sg
Consultant Contact No. 65515317
EA License No. 02C3423
Consultant Registration No. R1441955


Responsibilities:

  • The jobholder is responsible for end-to-end Pricing and implementation of new products. The role is expected to assist the Actuarial Pricing leads and participate actively in end-to-end actuarial pricing process, which includes executing premium and benefit pricing, actuarial assumption setting, profitability testing, product system implementation and user acceptance tests for quotation systems and administrative systems in ensuring end-to-end smooth and timely product delivery.
  • The role will have ad hoc liaison with the Products, Distribution and Policy Servicing teams to closely support with client requests around in force policy statement updates, post sales illustrations, channel incentive analysis, marketing campaign setup.
  • The role may have ad hoc involvement working on risk management related projects including addressing market risk mitigation, insurance risk review, and operation risk management.
  • There may occasionally be exposure to other non-product development activities as well as involvement in department wide exercises such as periodic experience studies updates, financial stress tests, board reports, regulatory initiatives, systems infrastructure upgrades, sales tools and marketing support.
  • The jobholder will be supporting the Head of Pricing to safeguard the financial health of the insurance company and protect the interest of policyholders as well as in ensuring the statutory responsibilities under the Insurance Act are met.


Requirements:

  • University graduate in any relevant discipline such as Actuarial Science, Statistics, Economics
  • 1-2 years of actuarial experience on life insurance product pricing is a plus
  • Experience with Prophet, VBA and Excel Programing is a plus
  • Engaging and open minded working attitude with emphasis on being a good team player
  • Meticulous with a keen eye for detail for financial analysis


Interested Applicants, please email your resume to rupa.kankariya@manpower.com.sg (R1441955), stating the position as the subject title in the email.

Rupa Kankariya EA License No. 02C3423 Personnel Registration No. R1441955

Please note that your response to this advertisement and communications with us pursuant to this advertisement will constitute informed consent to the collection, use and/or disclosure of personal data by ManpowerGroup Singapore for the purpose of carrying out its business, in compliance with the relevant provisions of the Personal Data Protection Act 2012. To learn more about ManpowerGroup's Global Privacy Policy, please visit https://www.manpower.com.sg/privacy-policy