Life Pricing Manager

PURPOSE Support the Head of Pricing in the pricing of life insurance products. KEY ACCOUNTAIBILITIES Develop actuarial pricing model for new or repriced products. Perform pricing financial assessment and sensitivity testing to support the Team in launching competitive products whilst ensuring compliance to internal policies, regulatory requirements and industry guidelines. Identify pricing risks and support Team Lead in developing solutions for alignment at the PMC. Collaborate with wider business (including product development, IT, risk & compliance, etc) to ensure timely end-to-end product development and implementation with good audit trail. Prepare internal (FWD local entities and FWD Group) and external product filing. Work closely with Appointed Actuary in proposing assumptions for new products and justifications. Pro-actively drive initiatives/projects to enhance overall pricing process efficiency and governance/controls. Support discussion and negotiation on reinsurance, together with Product team Assist in special quotations. Guide/lead junior pricing actuaries to ensure quality and timely deliverable. QUALIFICATIONS / EXPERIENCE Qualified actuary from a recognized professional actuarial body is preferred. Min 6 - 8 years of actuarial experience, with individual life product pricing experience. KNOWLEDGE, SKILLS & ABILITY Strong knowledge on (i) Singapore RBC2 or similar regulatory framework, (ii) embedded value and (iii) IFRS17 Good knowledge of Life insurance products in the Singapore market would be an advantage. Proficient in Prophet.