A global life reinsurer is seeking an experienced actuarial professional to join their R&D team, which is responsible for leading the development of Terms of Trade across all their lines of business and territories within Asia, analysing experience on existing treaties and for calibrating risk distribution functions for economic capital purposes.
Reporting to the R&D Director in Asia, the role is to support the delivery of the company's actuarial bases across the Asia business unit. The incumbent will also be exposed to a wide range of Asian markets and have the opportunity to work with a variety of experts, including underwriters, medical personnel, as well as a range of data sources and methodlogies.
- Support the development and maintenance of the Branch's Terms of Trade through analysis of experience of data and an understanding of the distirbution and risk landscape in the markets that we operate in.
- Support the development and maintenance of the quantifying risk framework across the lines of business through the calibration of probability distribution functions and documentation of methodologies.
- Support the experience analysis and basis setting for current in force treaties.
- Provide support to the life reinsurance quoting process via analysis of available data in addition to supporting the pricing team in setting key pricing bases for new products or market initiatives.
Suitable candidates should be a nearly/newly qualified actuary with at least 3 years of experience. Good proficiency in SQL, Access, Excel and ideally R, Tableau or Emblem and good understanding of mortality and morbidity experience analysis calculations, and ideally GLMs. Business Mandarin capability is essential as you will be required to give presentations to Chinese clients.
If you are interested in this role please apply below, or contact me for more information.