Senior Executive, Actuarial Pricing Senior Executive, Actuarial Pricing …

NTUC Income Insurance Co-operative Ltd
in Singapore, Singapore, Singapore
Permanent, Full time
Be the first to apply
Competitive
NTUC Income Insurance Co-operative Ltd
in Singapore, Singapore, Singapore
Permanent, Full time
Be the first to apply
Competitive
NTUC Income Insurance Co-operative Ltd
Senior Executive, Actuarial Pricing
The Senior Executive, Pricing will be an integral member of the Life & Health Pricing actuarial team. He/She will work in collaboration with Product Development team and other actuarial colleagues in support of the overall Income Goal 2025 with regards to the life & health insurance product development and pricing.

The job responsibilities include:
  • Collaborate with counterparts in Business Department/ Product Development/ other Actuarial teams to ensure successful launch of life & health products
  • Support Manager in preparation of presentation materials to Consumer Excom for new product pricing
  • Own the timeliness & accuracy of product pricing deliveries
  • Ensure accuracy and robustness in technical pricing
  • Collaborate with other stakeholders to ensure products are launched within stipulated timeline
  • Highlight pricing technical issues, product features and recommend solutions
  • Ensure regulatory compliance with MAS and other external regulatory bodies (e.g. CPF and LIA), create higher standard on the premium certification report & regulatory filing processes
  • Opportunity to learn and apply new way of working such as Design Thinking and Agile framework to pro-actively improve product pricing and implementation processes
  • Support team in ad-hoc product related projects/ tasks


Qualifications
  • Degree in Actuarial Science with at least 4 years of work experience in Life actuarial function, preferably pricing experience in the Singapore market
  • Good progress in actuarial qualifications with either US, UK, or Australia Actuarial Institutes
  • Familiar with Microsoft Office, Excel and PowerPoint
  • Fluent in speaking and written English
  • Experience in Prophet will be an advantage


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