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Assistant Manager, Actuarial Pricing (Life Insurance)

https://www.randstad.com Logo

Randstad

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Location:
Singapore , Singapore River

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Category:
Insurance

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

Joining a high-performing Actuarial Pricing team, you will play a pivotal role in the end-to-end development of innovative life insurance solutions. This role is a blend of technical rigor and strategic influence, focusing on the design and pricing of sophisticated wealth management products.

Job Responsibility:

  • Calculate the costs and risks for new insurance plans to ensure they are both profitable for the company and attractive to customers
  • Build and run financial models to predict how products will perform under different market conditions
  • Prepare the necessary documentation and reports for management and local regulators to get new products approved
  • Review competitor products and market trends to help the company stay competitive
  • Work with the sales and investment teams to make sure the products meet the needs of the target audience

Requirements:

  • At least 5 years of actuarial experience within a Life Insurance environment
  • Direct experience in IUL or ILP pricing is highly advantageous
  • Good progress in actuarial exams from a recognized institute (IFoA, SOA, or equivalent)
  • Advanced skills in Prophet (including ALS if possible) and Excel/VBA
  • Familiarity with Python or R is a plus
  • Strong understanding of Singapore’s regulatory landscape (RBC2) and IFRS 17
  • Excellent communication skills with the ability to translate complex actuarial concepts into actionable business insights for non-technical stakeholders
  • Degree in Actuarial Science, with good actuarial exam progression

Nice to have:

  • Direct experience in IUL or ILP pricing
  • Familiarity with Python or R

Additional Information:

Job Posted:
May 12, 2026

Expiration:
June 13, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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