Pricing Actuary

Job Summary

• Manage quotations for business, and ensure solutions are relevant and commercially attractive to clients while ensuring adherence to local guidelines and satisfying SCOR’s profitability requirements
• Evaluate pricing KPIs for Japan life & Health protection reinsurance opportunities using pricing tools (Prophet, Excel etc.).
• Support Financial Solution team to provide biometric risk best estimate assumptions as required.
• Monitor the actual results of new business booked in Japan, provide experience analysis and report it to related department as required.
• Produce analysis which supports pricing activity, enhances knowledge and aids product development
• Establish an effective network amongst Japanese life insurance product, pricing and finance actuaries while creating a strong awareness of SGL’s expertise in traditional life insurance, financial solutions and capital management techniques.
• Negotiate with local clients in Japan to finalize pricing quotes and support marketing team to develop treaty documents.
• Communicate with related teams in SCOR Life & Health regional offices (Singapore, Hong Kong etc.).
• Work with local pricing, underwriting, business development teams.
• Support Business Development team to have a presentation or a seminar for clients regarding the latest actuarial topics.

Required experience & competencies

• More than 5 years of relevant actuarial experience in life/non-life insurance, life reinsurance or life consulting work in Japan, preferably with emphasis on business development, product development and/or financial management.
• Specific knowledge of actuarial topics.
• Commitmment to deliver the outputs on time.
• Ideally, Experience of using some actuarial software (Prophet, Axis etc.).
• Ability to work collaboratively and communicate well with colleagues and management in Japan office and SCOR international network.
• Ability to manage several tasks simultaneously.

Required Education

• Qualified member of any Institute of Actuaries
• Undergraduate degree or equivalent in financial discipline