Manager, Health Actuary - Central Singapore - RGA

RGA

Verified Company

Central Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Position Overview

Manager, Health Actuarial will be primarily responsible for the pricing of health business which includes but not limited to pricing basis derivation, modelling, risk analysis and other new business development activities.

They will work closely with Business Development, Health, Underwriting, Product Development and Regional Pricing.

Responsibilities

Develop best estimate pricing assumptions and pricing models to provide competitive quotes that meet clients' objectives and RGA's minimum requirements.
Ensure all pricing procedures, including preparation of pricing memo, technical reviews, peer reviews, regional escalation are in compliance with RGA's internal pricing standards, guidelines and country mandate.
Conduct research and experience analysis to derive pricing basis for new risks as well as a periodical review of existing pricing basis for all reinsurance coverage to ensure it is up to date, documented and approved.
Provide technical/actuarial support for the execution of our product development initiatives.
Provide support to the Lead Health Actuary/ Treaty Specialist to ensure treaties are completed and signed in a timely fashion.
Define & develop methods & tools to ensure that health business is monitored closely and ensure that any adverse trends, both at the treaty or portfolio level, are identified and escalated.
Support business development in building and maintaining strong relationships with counterparts of our client companies.
Support adhoc corporate and internal projects.

Requirements:

Bachelor's degree in math, finance, statistics, actuarial science or related fields
Qualified or nearly qualified actuary with a globally recognized actuarial association

years of actuarial working experience, health pricing experiences a definite plus

Good knowledge of Asian health insurance markets and products. Highly organized, deliveryorientated with the ability to work with multiple concurrent projects
Highly motivated, resultsoriented and solutions focused
Ability to work effectively under pressure
Strong interpersonal skills with the ability to negotiate and influence others
Strong technical skills and attention to detail
Strong client services ability with excellent communication skills (both written and verbal)
Advanced Excel skill is required and experience in using actuarial software, e.g. Axis, is strongly preferred
Ability to challenge and enhance existing analytical methodologies
Innovative, proactive and improvement oriented
Ability to work independently and as part of a team and deal with multiple stakeholders within the business

Company Overview
Reinsurance Group of America, Incorporated (

NYSE:
RGA) is one of the largest global providers of life reinsurance, with offices around the world.

RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting and product development.

Our purpose is to make financial protection accessible to all, and our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.

RGA's culture stresses high performance and collaboration, and the company values creativity and curiosity.

RGA also values humility, and its employees work together without ego to bring value to RGA while revolutionizing the life and health insurance space.

Have we piqued your interest? If so, consider a career with RGA today

Job Reference:
AS02363