Senior Marketing Actuary, Southeast Asia

Singapore, Singapore

Job Description

Job Category: Underwriting / Sales
:
As a Senior Marketing Actuary, Southeast Asia, you will be contributing to all aspects of business development and client management work within SCOR to ensure that the SEA team meets its goal to be

  • A purpose-driven, customer-centric, innovative and highly technical life & health reinsurer to enhance SCOR's ability to write profitable new business in SEA.
This is a senior-level role for business development and client management functions within SEA and will involve implementing strategies and objectives for specific market and client segments within SEA.
Responsibilities:
Key duties and responsibilities
1. Lead and support business development/client management functions for the chosen SEA Market (e.g. Singapore, Vietnam) in terms of the following activities:
  • Managing and maintaining existing client relationships, as well as the acquisition of new clients.
  • Delivering Product Development services to our targeted clients.
  • Identifying valuable business opportunities and driving SCOR's cross functional teams to deliver an optimal solution for our clients and Scor.
  • Negotiating for solutions offered to be relevant and commercially attractive to clients whilst satisfying SCOR's profitability requirements.
  • Leading the treaty preparation, review, and execution process with both internal and external stakeholders
  • Delivering quality client experience by ensuring timely and client centric responses.
  • Organising and coordinating client events and activities.
2. Managing our current portfolios from SEA Others markets (e.g. Philippines, Cambodia, Bangladesh, Sri Lanka, Guam etc) in terms of the following activities:
  • Remote managing of these client relationships
  • Servicing their requests
  • Proactive in-forced management such as repricing and renewals
3. Supporting the execution of SEA L&H reinsurance strategy and monitoring of business performance.
4. Contributing on innovative ideas in product design (e.g. medex, CI, LTC, etc) and connecting with distribution frameworks in SEA team.
5. Participating and supporting regional and global initiatives and projects.
6. Delivering industry presentations to enhance SCOR's brand.
Qualifications:
Experience:
  • Minimum 8 years of relevant life insurance or reinsurance experience, of which at least 4 years within the South East Asia market, preferably includes various functions such as business development, client management, product development, pricing.
  • Expert Knowledge of Life and Health Insurance products.
  • Expert Knowledge of Reinsurance structures/solutions and its pricing.
  • Bachelor's degree in Actuarial Science, Mathematics or related field, FIA, FFA, FSA, FCIA or FIAA designation preferred.
  • Very good understanding of the need to integrate key stakeholders' interests in the product design phase and its affordability requirement as well as the need to balance among profitability, risk management and marketability.
  • Expert Knowledge of reinsurance treaty wordings and its corresponding link with the quotation slip and the risk management requirements.
Competencies:
  • Outgoing, confident with excellent social skills, written and verbal communication and presentation skills.
  • Experience in technical aspects of reinsurance solutions
  • Comfortable in presenting and negotiating commercial terms
  • Experience in delivering presentations to clients and in industry seminars
  • Willingness to travel as required
About Us:
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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Job Detail

  • Job Id
    JD1662196
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned