Actuarial Executive, Pricing - Singapore - FWD Insurance

FWD Insurance

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group, and spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers.

To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan.

Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

PURPOSE
To support Life product pricing and be involved in product development through to product launches.

KEY ACCOUNTAIBILITIES

Assist pricing team members in product pricing project, including product feasibility assessment, competitiveness analysis, perform financial run and sensitivity testing.
Prepare policy documents and policy illustration calculators.
Perform Regression Testing (RT) and User Acceptance Test (UAT) before product launch and collaborate with crossfunctional stakeholders to ensure that product are successfully complete with robust checks.
Opportunity to learn the necessary technical actuarial knowledge to carry out routine pricing tasks, including (but not limited to) RBC2, EV, and Prophet skillset.

QUALIFICATIONS / EXPERIENCE