Actuarial Analyst, Actuarial Pricing

Job Description

Morgan McKinley is working in partnership with a leading bank currently looking for a 12 months contractor to join their team. This position reports into the Client review head.

Actuarial Analyst, Actuarial Pricing

Job Description

• The job holder 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 admin systems in ensuring end to end smooth and timely product delivery
• Ad hoc liaison with the products, distribution, and policy servicing teams to closely support with client request around in force policy statement updates, post sales illustrations, channels incentive analysis, marketing campaign setup
• Involvement in Risk management related projects including addressing market risk mitigation, insurance risk review, and operation risk management
• Occasionally 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 infrastructures upgrades, sales tools and marketing support
• 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

As a successful applicant, you would have the following Skills & Qualifications:

Competencies & Personal Traits

• Graduate in relevant discipline for example Actuarial Science, Statistics, Economics
• Min 2 years of actuarial experience on life insurance products pricing is preferred
• Experience with Prophet, VBA and Excel Programming is preferred
• Sharp communication skills
• Open minded working attitude
• Meticulous with a keen eye for details for financial analysis

If you're interested in this role, please send your updated CV (word format) to fleow@morganmckinley.com for a confidential discussion

Referrals are greatly appreciated.

Morgan McKinley Pte Ltd

EA Licence No: 11C5502

Registration No: R21101982

Registration Name: Fabian Leow

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as a notification that you have not been shortlisted