Back to Job Search

Senior Pricing Actuary - Health

  • Location: Singapore
  • Salary: S$160000 - S$200000 per annum per annum
  • Job Type:Permanent

Posted 17 days ago

Our client is European ReInsurance Group head quartered in Singapore for it's SEA business.

We are recruiting for a Senior Pricing Actuary in their Health team.

  • Ensuring the delivery of consistently high-quality and client centric quotation process for the SEA markets
  • Supporting the business development and product development activities in the region
  • Driving innovation in operational process and customer solutions by engaging in strategic projects with our clients
  • Managing production of rates, peer review the output of pricing actuaries
  • Developing pricing bases and pricing guidelines for key risks
  • Analyzing client experience for tenders and own experience for management information.
  • Running research as well as other ad-hoc projects.
  • Ownership of pricing process for at least one key SEA market, but with significant exposure to many other markets
  • Supporting Head of Pricing on various tasks, including training and guidance of other team members
  • Supporting Business Development client delivery and communication

Key duties and responsibilities


  • Manage quotation production, ensuring accurate rates produced within specified timeframes
  • Ensure comprehensive documentation produced to support quotes
  • Challenge existing thinking and manage change for the team
  • Ensure pricing basis are updated in line with accumulated experience and other sources of data
  • Show excellence in technical skills and process management
  • Mentor and professionally help grow younger team members

Client management

  • Supporting Client managers during market visits by bringing technical expertise
  • Develop relationships and provide excellent customer service, both internally and externally to deliver the company's brand/plans
  • Business travel 4-6 times per year


  • Min 5 years' experience in a Pricing or Valuation function in the Health or Life insurance industry. Reinsurance experience/knowledge is preferred but not required.
  • Experience or working both within a team (multicultural) and as a self-motivated individual
  • Protection Pricing experience, ideally in Life reinsurance, is a plus
  • Experience of mortality/morbidity (PA, CI, Health) analysis
  • Knowledge of South Asia protection market
  • Knowledge of SAS/Python/R data tools or other equivalent

Required education

  • Bachelor's degree in Actuarial Science, Mathematics or related field
  • Qualified actuary (FIA/FFA/FSA) or other recognized Actuarial body. More than 2 years post-qualified experience is preferred.

Argyll Scott Asia is acting as an Employment Agency in relation to this vacancy.