Senior Marketing Actuary

Job Description

As a Senior Marketing Actuary, Southeast Asia, you will contribute 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 optimal solutions for our clients.
• Negotiating for solutions that are relevant and commercially attractive to clients while 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 Other markets (e.g. Philippines, Cambodia, Bangladesh, Sri Lanka, Guam) in terms of the following activities:

• Remote managing of these client relationships.
• Servicing their requests.
• Proactive management such as repricing and renewals.

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

4. Contributing innovative ideas in product design (e.g. medex, CI, LTC) and connecting with distribution frameworks in the 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, with at least 4 years within the South East Asia market, preferably including various functions such as business development, client management, product development, and pricing.
• Expert knowledge of Life and Health Insurance products.
• Expert knowledge of Reinsurance structures/solutions and their 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 profitability, risk management, and marketability.
• Expert knowledge of reinsurance treaty wordings and their corresponding links 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.

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: 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.