Associate Actuary

The following describe responsibilities and requirements for Associate Actuary, Pricing & Portfolio Management. The successful candidate will be responsible for pricing efforts for international auto and personal property, and work as a member of the international pricing team to achieve goals and deliver on strategic initiatives.We are looking for an experienced candidate who will be responsible for the assessment of pricing adequacy, portfolio management reports, product design and company strategies using actuarial expertise, for the purpose of ensuring company financial strength, regulatory compliance, and meeting profit objectives for Personal Auto and Personal Property book.

The position develops accurate and innovative analysis techniques, suggests innovative product designs, and must be able to coordinate with others within and outside the department on various projects.

• Responsibilities include :
• Support the development, implementation, and maintenance of global best practices for pricing and portfolio management.
• Standardize rating tools and global templates.
• Develop / automated / peer review pricing models including rate level indication and loss cost modeling to be performed within planned time frame.
• Ensure execution of retention, conversion and competitive position analysis and work with the product tower
• Support the development and implementation of standard reports for monitoring and measuring all aspects of the Personal Auto and Personal Property business.
• Ensure that peer review process is applied consistently for international personal lines
• Maintain the people and processes that provide statistical information and analysis to all parties involved with the management of international personal lines, the constituencies of which include, at the country, regional and corporate levels, general management, underwriting, marketing and actuarial
• Collaborate with Finance, Claims and Reserving and with data analytics function to ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.
• Position Requirements :
• Qualified or near qualified.
• Strong actuarial / modeling experience required
• Experience with data manipulation, predicative modeling and reports development required
• Experience with International auto or personal property insurance preferred
• Skills with Excel VBA, R, Python, Power BI, data visualization software required.
• Strong verbal and written communication skills.
• Fluency in English.

Fluency in one other language is a plus

If you believe you need a reasonable accommodation, please send an email to Area : AC - ActuarialAIG APAC Holdings Pte Ltd #J-18808-Ljbffr