Total 2 Manager level Science / R&D / Research job vacancies

About the company
Our client is a Global Fortune 500 financial services group. With an "A" rating for financial strength, they combine deep-rooted heritage with a forward-thinking approach to product innovation. Currently in an exciting phase of expanding their Life Insurance portfolio, specifically targeting the High-Net-Worth (HNW) and Investment-Linked segments. Employees here enjoy a stable, professional environment that prizes technical excellence and offers a clear pathway for career progression within a collaborative actuarial team.

About the job
Joining a high-performing Actuarial Pricing team, you will play a pivotal role in the end-to-end development of innovative life insurance solutions. This role is a blend of technical rigor and strategic influence, focusing on the design and pricing of sophisticated wealth management products.

• Calculate the costs and risks for new insurance plans to ensure they are both profitable for the company and attractive to customers.
• Build and run financial models to predict how products will perform under different market conditions.
• Prepare the necessary documentation and reports for management and local regulators to get new products approved.
• Review competitor products and market trends to help the company stay competitive.
• Work with the sales and investment teams to make sure the products meet the needs of the target audience.

Skills and experience required

• At least 5 years of actuarial experience within a Life Insurance environment. Direct experience in IUL or ILP pricing is highly advantageous.
• Good progress in actuarial exams from a recognized institute (IFoA, SOA, or equivalent).
  
• Advanced skills in Prophet (including ALS if possible) and Excel/VBA. Familiarity with Python or R is a plus.
  
• Strong understanding of Singapore’s regulatory landscape (RBC2) and IFRS 17.
• Excellent communication skills with the ability to translate complex actuarial concepts into actionable business insights for non-technical stakeholders.

To apply online please use the 'apply' function, alternatively you may contact Lynette Lim.
(EA: 94C3609/ R1435181 )

At Income Insurance, we aim to create exponential value and cultivate dynamic learning culture. As part of Income’s Actuarial Pricing Team, candidate will work closely and collaborate with stakeholders across the organization to deliver business-oriented, customer-focused and innovative insurance solutions. This role is intended for an experienced individual contributor who can independently deliver health pricing workstreams while working under guidance from senior leaders.

Key Responsibilities include:

• Close collaboration with Product Development Team and relevant business stakeholders to design and devise innovative product proposition and support product pricing and implementation, while ensuring internal financial metrics are met.
• Work closely with Manager, Head of GH Pricing, Chief Actuary and other senior stakeholders, as required, to support and contribute actuarial analysis and pricing recommendations aligned with company product strategy for the health business. 
• Monitor portfolio experience, conduct experience studies to set pricing assumptions and perform periodic repricing exercise. Provide insights on key drivers and emerging risks. Strengthen technical pricing and analytics for the team tapping on data-driven insights using external and internal data sources
• Adopt best practices and effective controls and monitoring framework in the delivery of pricing work to protect Income against regulatory, financial and reputation risk.
• Enhancing Actuarial Pricing Process to improve efficiency, robustness and turnaround time.
• Adopt design‑thinking and agile principles, in delivering pricing and product‑related projects

Qualifications:

• Good progress in actuarial qualifications with either US, UK, or Australia Actuarial Institute, with at least 4 years of work experience in Actuarial function.
• Experienced in health and protection product development and pricing
• Experience in using actuarial modelling tool and data software such as Prophet & Alteryx will be a plus
• Able to work independently with strong project management, communication and actuarial technical skills.
• Confident in constructively challenging the status quo and proposing improvements to drive better outcomes
• Adaptable and open to dynamic working environment and willing to explore new ways of working.
• Experience in stakeholder management and/or project‑based work.