Senior Actuarial Analyst at AIG APAC HOLDINGS PTE LTD
Singapore, , Singapore -
Full Time


Start Date

Immediate

Expiry Date

19 Nov, 25

Salary

0.0

Posted On

20 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Pricing Analysis, Strategic Initiatives, Direct Marketing, Profitable Growth, New Business Opportunities

Industry

Insurance

Description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Actuarial Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

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Responsibilities
  • Deliver actuarially sounded pricing analysis for new business opportunities, rate reviews, rate change recommendation and impact analysis of the existing business in a timely manner
  • Develop, maintain and ensure raters are up to date with latest assumptions, and continuously improve the functionalities that would increase efficiency and turnaround time for underwriters
  • Maintain robust portfolio management and monitoring of rate levels, rate changes and rate adequacy
  • Proactively engage with the underwriters and business team sharing and discussing insights and findings from the analysis, with recommendations on rate or underwriting actions to improve profitability
  • Collaborate with local and regional Product, Claims, Finance, Underwriting, IT and Data Analytics functions to ensure data used for pricing and monitoring is complete, accurate, adequate and timely
  • Carry out loss ratio and lapse analysis for business sold through direct marketing to determine appropriate assumptions used for campaign approval and monitoring
  • Support profit studies and development of budget loss ratios for assigned countries and segments
  • Peer review and collaborate with reserving actuary in annual detailed valuation review
  • Comply with key regulatory and risk management procedures, as well as audit requirement
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