Pricing Actuary

Corporate Title: Assistant Vice President

Division: BHA-Market Units L&H Reinsurance (51004074)

Department: BHAB-APAC ex China (51004064)

The role is at the forefront of shaping reinsurance solutions in dynamic and diverse. It offers the opportunity to apply analytical thinking to real-world challenges, collaborate across teams, and contribute to innovative product strategies that drive business growth and client impact. It's a chance to combine technical expertise with market insight in a role that's both intellectually rewarding and commercially influential.

About the Role

As a Pricing Actuary, you'll play a central role in shaping reinsurance solutions by supporting new business pricing, product development, and portfolio optimization across Southeast Asia. You'll assess client needs, collaborate with cross-functional teams to evaluate risks, and apply actuarial insights to enhance pricing strategies. The role also involves monitoring treaty performance, identifying improvement opportunities through data analytics, and ensuring pricing practices remain aligned with market and regulatory trends.

• New Business Quotes and Product Development
• Support the pricing and modelling of new businesses, including quote reviews in Southeast Asia.
• Identify and understand clients needs and concerns.
• Collaborate with cross-functional experts from Client Markets, Underwriting, and Claims to assess risks associated with specific opportunities.
• Support product development and innovation by contributing technical insights, research, and project coordination.
• Collaborate with the Pricing Insight team to enhance pricing using both insurance and non-insurance data analytics.
• Portfolio Management and In-force Optimization
• Collaborate with cross-functional teams to identify key risks and mitigate them.
• Review and monitor the underwriting performance of existing treaties and take appropriate actions to manage the portfolio.
• Leverage data analytics to identify actionable risk insights and performance improvement opportunities across blocks of business.
• Costing Methodology / Guidelines
• Review pricing guidelines and ensure correct applications.
• Challenge the status quo and seek to simplify and improve existing practices.
• Stay up to date with the market, regulatory requirements, and competitive trends.

About You

• Qualified or close-to-qualified actuary (under a recognized actuarial body - SOA/CAS/IOA/FOA/FIA) with a bachelor's degree in actuarial science, Mathematics, Statistics, Economics or equivalent.
• 3-7 years of experience in life insurance or reinsurance pricing, ideally with exposure to Southeast Asia markets.
• Knowledge of the Southeast Asia market is highly preferred.
• Working knowledge of IFRS17 reporting is highly desirable.
• Strong technical and analytical skills, with experience in pricing tools and programming (e.g., Excel, R, Python).
• An effective communicator with the ability to explain technical concepts to non-actuarial stakeholders.
• Experience in medical reimbursement pricing is a plus.
• Willingness to travel within Southeast Asia (10%).

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process. Please contact us to request accommodation.