Senior Marketing Actuary

As part of the Southeast Asia team, this role contributes to all aspects of business development and client management work within SCOR to ensure that the 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.

Responsibilities:

• Leading business development/client management functions for the chosen SEA Market (Singapore) 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.

Managing our current portfolios from SEA markets in terms of the following activities:

• Managing of these client relationships
• Servicing their requests
• Proactive in-forced management such as repricing and renewals

Supporting the execution of SEA L&H reinsurance strategy and monitoring of business performance.

Contributing on innovative ideas in product design (medex, CI, LTC, etc) and connecting with distribution frameworks in SEA team.

Participating and supporting regional and global initiatives and projects.

Delivering industry presentations to enhance SCOR’s brand.

Qualifications:

• Minimum 10 years of relevant life insurance or reinsurance experience within the South East Asia market, of which at least 4 years in reinsurance. Experience 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.
• 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

Qualifications:

• Bachelor’s degree in Actuarial Science, Mathematics or related field
• FIA, FFA, FSA, FCIA or FIAA designation preferred.

About us:

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.