Regional Actuary, Structured Solutions
Munich Re
- Singapore
- Permanent
- Full-time
StrategicAnalyse the selected market in conjunction with the local offices to determine possible Structured Solutions opportunities, and segment clients with a focus on the best potentialsMaintain knowledge of latest developments in the marketsStructuringContribute to establish the best structure for meeting client's need, taking into account local and parent accounting requirements, local regulatory environment, and specific client capital, tax, volatility issues, as well as MR structural advantagesPricingPerform/review the necessary pricing tasks, including understanding the products covered, studying the underlying data, support experience investigations, setting pricing assumptions, and constructing pricing modelsPrice/review proposed Structured Solutions deal to ensure that all risks are appropriately considered and MR's pricing targets are being metDraft treaties in a clear and concise mannerLiaise with the local offices, the other relevant MR internal stakeholders and the clients as deem appropriateDeal ApprovalPrepare/review the deal submission documents to the relevant internal stakeholder to ensure that each proposed Structured Solutions deal is thoroughly reviewed and vetted by the regional office, and depending on the size, by head officeWork closely with the various internal stakeholders as required so that their needs are met and a successful internal approval can be received promptlyIn-force ManagementAssist in any regular or ad-hoc in-force management projects and tasks when requiredYour Profile:Fellow of a recognised actuarial body or equivalent (FSA, FIA, FFA or FIAA)More than 5 years of actuarial experience in a direct, reinsurance or consultingGood English verbal and written communication skillsKnowledge of Solvency II, IFRS & RBC developments is beneficialSolid experience and technical grounding with spreadsheets (i.e. can perform complex functions)Our Benefits:Enjoy increased annual leave entitlementsCompetitive insurance coverageFlexible hybrid working conditionsAt Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.