What Jobs are available for Actuary in Singapore?

We are seeking a dynamic and analytical Pricing Actuary to lead the development and enhancement of pricing models and strategies across our general insurance portfolios, with a strong focus on Motor insurance. This is a high-impact role within the Risk Management and Actuarial Services department, reporting directly to the Chief Risk Officer. This role plays a critical part in driving sustainable profitability and innovation through rigorous actuarial analysis and close collaboration with cross-functional teams.

Key Responsibilities

• Deliver technical pricing support to our business units in Asia using actuarial models and data-driven insights
• Analyse portfolio performance, identify trends, and recommend corrective actions to ensure sustainable profitability
• Collaborate with local product teams to design and enhance product offerings tailored to market-specific needs and aligned with innovation goals
• Monitor market trends, competitor activity, and regulatory developments to inform product and pricing strategy
• Drive the development of advanced analytics capabilities to strengthen pricing effectiveness and support strategic decision-making

Requirements

• A Fellow of the Casualty Actuarial Society (USA) / Institute and Faculty of Actuaries (UK) / Institute of Actuaries (Australia)
• Minimum 7 years of experience in pricing and analytics within the non-life insurance industry, preferably with experience in motor insurance
• Proficiency in statistical analysis and data tools such as R, Python, SAS, or equivalent
• Strong analytical and problem-solving skills, with attention to detail and business impact
• Excellent communication and interpersonal skills, with the ability to work cross-functionally and influence stakeholders
• A proactive and goal-oriented mindset

Job Types: Full-time, Permanent

Pay: $6, $13,800.00 per month

Benefits:

• Additional leave
• Dental insurance
• Employee discount
• Gym membership
• Health insurance
• Parental leave
• Professional development
• Work from home

Work Location: Hybrid remote in Singapore

Munich Re Group is one of the world's leading providers of reinsurance. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high-net worth individuals to pandemics, we take care of risks so our clients can take care of their businesses.

We are looking for a Data Actuary to support the SEA Life In-Force Mgt and Terms of Trade team at Munich Re Singapore. In this role, you will combine actuarial knowledge with data analytics skills to analyze experience data using tools like Python, SQL, Power BI, and Databricks. A key focus will be supporting the Key Treaty Monitoring (KTM) project, which tracks treaty performance and generates actionable insights to drive key business decisions.

You will also conduct investigations on loss ratios, claims experience, respond to ad-hoc data queries, and collaborate closely other teams to support ongoing and prospective treaty discussions. This role offers a unique opportunity to apply actuarial and data skills in a commercially focused, innovation-driven reinsurance environment.

Your Role

• Analyse treaty terms and product features in collaboration with actuarial and accounting teams to ensure accurate interpretation and implementation onto the KTM
• Lead the onboarding of new treaties into KTM, ensuring accurate mappings, data consistency, and validation of results
• Maintain high data quality by performing comprehensive checks, cleaning, and reconciliations, supporting in-force portfolio management and pricing analysis
• Design and maintain dashboards on Excel and Power BI, to visualize, monitor, and analyse client data for business decision-making
• Conduct ad-hoc analyses, including premium reconciliations, claims investigations, and preparation of datasets for experience studies and management reporting
• Liaise with clients and internal stakeholders to identify, investigate, and resolve data issues, ensuring robust documentation and consistent data standards
• Review and validate analytical outputs and data processes to ensure accuracy, and uphold high quality output from the team
• Contribute to innovation efforts, including prototyping and integrating GenAI capabilities using in-house AI platforms and APIs
• Support junior members of the team in expanding their actuarial, systems and insurance knowledge
• Work with other members of the team to analyse the available data and to develop dashboards and reports, communicating relevant insights to senior management.

Your Profile

• Fellow of a recognized actuarial body.
• Bachelor's degree in Actuarial Science, with a interest in expanding into data analytics
• Minimum 3 years of experience in actuarial - related roles; experience in life insurance industry is preferred
• Proficient in Excel and SQL, with hands-on experience in data automation and managing large datasets
• Skilled in data visualization, particularly using Power BI to develop clear and insightful dashboards
• Strong analytical and problem-solving skills to interpret complex data structures and ensure high levels of data accuracy through thorough validation and reconciliation
• Detail-oriented with a strong sense of ownership and initiative in driving tasks to completion
  Excellent written and verbal communication skills in English, with the ability to collaborate effectively across teams and regions

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.

The following describe responsibilities and requirements for Associate Actuary, Pricing & Portfolio Management. The successful candidate will be responsible for pricing efforts for international auto and personal property, and work as a member of the international pricing team to achieve goals and deliver on strategic initiatives.

We are looking for an experienced candidate who will be responsible for the assessment of pricing adequacy, portfolio management reports, product design and company strategies using actuarial expertise, for the purpose of ensuring company financial strength, regulatory compliance, and meeting profit objectives for Personal Auto and Personal Property book.

The position develops accurate and innovative analysis techniques, suggests innovative product designs, and must be able to coordinate with others within and outside the department on various projects.

Responsibilities include:

• Support the development, implementation, and maintenance of global best practices for pricing and portfolio management.
• Standardize rating tools and global templates.
• Develop /automated/peer review pricing models including rate level indication and loss cost modeling to be performed within planned time frame.
• Ensure execution of retention, conversion and competitive position analysis and work with the product tower
• Support the development and implementation of standard reports for monitoring and measuring all aspects of the Personal Auto and Personal Property business.
• Ensure that peer review process is applied consistently for international personal lines
• Maintain the people and processes that provide statistical information and analysis to all parties involved with the management of international personal lines, the constituencies of which include, at the country, regional and corporate levels, general management, underwriting, marketing and actuarial
• Collaborate with Finance, Claims and Reserving and with data analytics function to ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.

Position Requirements:

• Qualified or near qualified.
• Strong actuarial/modeling experience required
• Experience with data manipulation, predicative modeling and reports development required
• Experience with International auto or personal property insurance preferred
• Skills with Excel VBA, R, Python, Power BI, data visualization software required.
• Strong verbal and written communication skills.
• Fluency in English. Fluency in one other language is a plus

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.**Make your mark in Actuarial**Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.**How you will create an impact**You will support the AIG APAC insurance business, and work as a member of the APAC actuarial team to achieve goals and deliver on strategic initiatives. You will work with analysts and experienced actuaries as part the regional team to provide actuarial advice to the business functions including profit centres, underwriting, finance, and risk management.Key responsibilities include:* Support the delivery of underwriting performance, actuarial and risk management elements of Commercial lines to meet the Profit centre strategic objectives. The Commercial Actuary will engage with the wider Actuarial function and business P&L Heads.* The job involves profitability monitoring for APAC profit centres and work with management to set rate targets each year.* Develop structure for regular review of rate adequacy and profitability.* Carrying out price adequacy reviews and reviewing the appropriateness of the reinsurance programme to meet the ongoing needs of the business, as well as providing experience, expertise and insight into complex projects.* Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy.* Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies* Manage data support where not maintained centrally and reinforce the importance of high-quality data.* Work closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.* Engage with finance on execution of planning exercise and forward-looking scenarios.**What you'll need to succeed**You should have some prior experience in commercial lines pricing, in particular Commercial Property. Be a team-player with the ability to build collaborative relationships.Additional requirements include:* Candidate with Mathematic/Actuarial or any related degree background, with good progress towards pursuing a professional actuarial qualification* Some working experience in the General insurance industry* Familiarity with traditional actuarial techniques and models* Ability to manage multiple tasks simultaneous* Ability to work as part of a team as well as take responsibility for his individual contribution* Ability to meet tight deadlines and prioritise own work* Effective time management and strong communication skills* Ability to forge relationships with other areas of the business* Working knowledge on typical actuarial reserving software* Strong verbal and written communication skills* Knowledge of SQL, Python, R or similar software tools.#LI-RO1At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.**Enjoy benefits that take care of what matters**At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.**Reimagining insurance to make a bigger difference to the world**American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.**Welcome to a culture of inclusion**We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.*AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.*AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
If you believe you need a reasonable accommodation, please send an email to Area:AC - ActuarialAIG Asia Pacific Insurance Pte. Ltd.
#J-18808-Ljbffr

Location:
Singapore, SG
The role is at the forefront of shaping reinsurance solutions in dynamic and diverse markets. It offers the opportunity to apply analytical thinking to real-world challenges, collaborate across teams, and contribute to innovative product strategies that drive business growth and client impact. It's a chance to combine technical expertise with market insight in a role that's both intellectually rewarding and commercially influential.
About the Role
As a Pricing Actuary, you'll play a central role in shaping reinsurance solutions by supporting new business pricing, product development, and portfolio optimization across Southeast Asia. You'll assess client needs, collaborate with cross-functional teams to evaluate risks, and apply actuarial insights to enhance pricing strategies. The role also involves monitoring treaty performance, identifying improvement opportunities through data analytics, and ensuring pricing practices remain aligned with market and regulatory trends.
New Business Quotes and Product Development
Support the pricing and modelling of new businesses, including quote reviews in Southeast Asia.
Identify and understand clients' needs and concerns.
Collaborate with cross-functional experts from Client Markets, Underwriting, and Claims to assess risks associated with specific opportunities.
Support product development and innovation by contributing technical insights, research, and project coordination.
Collaborate with the Pricing Insight team to enhance pricing using both insurance and non-insurance data analytics.
Portfolio Management and In-force Optimization
Collaborate with cross-functional teams to identify key risks and mitigate them.
Review and monitor the underwriting performance of existing treaties and take appropriate actions to manage the portfolio.
Leverage data analytics to identify actionable risk insights and performance improvement opportunities across blocks of business.
Costing Methodology / Guidelines
Review pricing guidelines and ensure correct applications.
Challenge the status quo and seek to simplify and improve existing practices.
Stay up to date with the market, regulatory requirements, and competitive trends.
About You
Qualified or close-to-qualified actuary (under a recognized actuarial body - SOA/CAS/IOA/FOA/FIA) with a bachelor's degree in actuarial science, Mathematics, Statistics, Economics or equivalent.
3-7 years of experience in life insurance or reinsurance pricing, ideally with exposure to Southeast Asia markets.
Knowledge of the Southeast Asia market is highly preferred.
Working knowledge of IFRS17 reporting is highly desirable.
Strong technical and analytical skills, with experience in pricing tools and programming (e.g., Excel, R, Python).
An effective communicator with the ability to explain technical concepts to non-actuarial stakeholders.
Additional language skills (e.g., Thai, Vietnamese, Mandarin, Bahasa Malaysia/Indonesia) are desirable.
Experience in medical reimbursement pricing is a plus.
Willingness to travel within Southeast Asia (~10%).
About Swiss Re
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Start your career journey with Swiss Re.
#J-18808-Ljbffr

Join to apply for the
Associate Actuary
role at
AIG
At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.
Make Your Mark in Actuarial
Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.
How You Will Create An Impact
You will support the AIG APAC insurance business, and work as a member of the APAC actuarial team to achieve goals and deliver on strategic initiatives. You will work with analysts and experienced actuaries as part the regional team to provide actuarial advice to the business functions including profit centres, underwriting, finance, and risk management.
Key Responsibilities
Support the delivery of underwriting performance, actuarial and risk management elements of Commercial lines to meet the Profit centre strategic objectives. The Commercial Actuary will engage with the wider Actuarial function and business P&L Heads.
The job involves profitability monitoring for APAC profit centres and work with management to set rate targets each year.
Develop structure for regular review of rate adequacy and profitability.
Carrying out price adequacy reviews and reviewing the appropriateness of the reinsurance programme to meet the ongoing needs of the business, as well as providing experience, expertise and insight into complex projects.
Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy.
Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies.
Manage data support where not maintained centrally and reinforce the importance of high-quality data.
Work closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.
Engage with finance on execution of planning exercise and forward-looking scenarios.
What You'll Need To Succeed
You should have some prior experience in commercial lines pricing, in particular Commercial Property. Be a team-player with the ability to build collaborative relationships.
Additional Requirements
Candidate with Mathematic/Actuarial or any related degree background, with good progress towards pursuing a professional actuarial qualification.
Some working experience in the General insurance industry.
Familiarity with traditional actuarial techniques and models.
Ability to manage multiple tasks simultaneous.
Ability to work as part of a team as well as take responsibility for his individual contribution.
Ability to meet tight deadlines and prioritise own work.
Effective time management and strong communication skills.
Ability to forge relationships with other areas of the business.
Working knowledge on typical actuarial reserving software.
Strong verbal and written communication skills.
Knowledge of SQL, Python, R or similar software tools.
Enjoy Benefits That Take Care Of What Matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to
Get notified about new Associate Actuary jobs in
Singapore .
#J-18808-Ljbffr

The following describe responsibilities and requirements for Associate Actuary, Pricing & Portfolio Management. The successful candidate will be responsible for pricing efforts for international auto and personal property, and work as a member of the international pricing team to achieve goals and deliver on strategic initiatives.
We are looking for an experienced candidate who will be responsible for the assessment of pricing adequacy, portfolio management reports, product design and company strategies using actuarial expertise, for the purpose of ensuring company financial strength, regulatory compliance, and meeting profit objectives for Personal Auto and Personal Property book.
The position develops accurate and innovative analysis techniques, suggests innovative product designs, and must be able to coordinate with others within and outside the department on various projects.
Responsibilities include:
Support the development, implementation, and maintenance of global best practices for pricing and portfolio management.
Standardize rating tools and global templates.
Develop /automated/peer review pricing models including rate level indication and loss cost modeling to be performed within planned time frame.
Ensure execution of retention, conversion and competitive position analysis and work with the product tower
Support the development and implementation of standard reports for monitoring and measuring all aspects of the Personal Auto and Personal Property business.
Ensure that peer review process is applied consistently for international personal lines
Maintain the people and processes that provide statistical information and analysis to all parties involved with the management of international personal lines, the constituencies of which include, at the country, regional and corporate levels, general management, underwriting, marketing and actuarial
Collaborate with Finance, Claims and Reserving and with data analytics function to ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.
Position Requirements:
Qualified or near qualified.
Strong actuarial/modeling experience required
Experience with data manipulation, predicative modeling and reports development required
Experience with International auto or personal property insurance preferred
Skills with Excel VBA, R, Python, Power BI, data visualization software required.
Strong verbal and written communication skills.
Fluency in English. Fluency in one other language is a plus
#J-18808-Ljbffr

China Re Group is the largest reinsurance group in Asia and the 8th globally by gross premium income. The Group is rated “A (excellent)” continuously by A.M. Best since 2010, rated “A+” or “A” continuously by Standard & Poor’s since 2014.

In 2016, we set up China Re Singapore Branch with the approval of a license from the Monetary Authority of Singapore. Our office is located within Raffles Place, at CapitaGreen on Market Street.

Currently, we are writing both life and general business in the Asia Pacific region.

We are now seeking to fill the following position in our Singapore team.

Reserving Actuary

Responsibilities:

• Support the reserving function in producing accurate and timely technical reserve estimates across multiple lines of business.
• Assist in the enhancement and maintenance of reserving models and methodologies, ensuring compliance with internal standards and regulatory requirements.
• Perform regular reserve reviews and analyses to assess adequacy and trends, and prepare reports for management review.
• Collaborate with underwriting, claims, and finance teams to validate data and improve reserving assumptions.
• Prepare working papers, summaries, and presentations for internal stakeholders, auditors, and regulators.
• Contribute to the implementation of IFRS 17 and other actuarial valuation frameworks.
• Support process improvement and automation initiatives within the actuarial team.
• Work closely with head of actuary to support capital modelling, risk management, and solvency assessments.

Requirements:

• 3–6 years of actuarial experience, preferably in general insurance or reinsurance reserving.
• Familiarity with reserving techniques, actuarial valuation standards, and relevant regulations in Singapore or the Asia region.
• Experience with IFRS 4 / IFRS 17 assessments preferred.
• Proficiency in actuarial software and Excel.
• Strong analytical, problem-solving, and communication skills.
• Ability to work collaboratively in a cross-functional environment.
• Experience in a multinational (re)insurance environment will be an advantage.

What We Offer:

• Competitive salary and entry level based on experience.
• Opportunities for professional growth in a global, dynamic environment.
• Be part of a diverse and inclusive team, working with industry experts across multiple regions.

Interested parties, please apply with your detailed resume.

We regret that only shortlisted candidates will be notified.

The following describe responsibilities and requirements for Associate Actuary, Pricing & Portfolio Management. The successful candidate will be responsible for pricing efforts for international auto and personal property, and work as a member of the international pricing team to achieve goals and deliver on strategic initiatives.

We are looking for an experienced candidate who will be responsible for the assessment of pricing adequacy, portfolio management reports, product design and company strategies using actuarial expertise, for the purpose of ensuring company financial strength, regulatory compliance, and meeting profit objectives for Personal Auto and Personal Property book.

The position develops accurate and innovative analysis techniques, suggests innovative product designs, and must be able to coordinate with others within and outside the department on various projects.

Responsibilities include:

• Support the development, implementation, and maintenance of global best practices for pricing and portfolio management.
• Standardize rating tools and global templates.
• Develop /automated/peer review pricing models including rate level indication and loss cost modeling to be performed within planned time frame.
• Ensure execution of retention, conversion and competitive position analysis and work with the product tower
• Support the development and implementation of standard reports for monitoring and measuring all aspects of the Personal Auto and Personal Property business.
• Ensure that peer review process is applied consistently for international personal lines
• Maintain the people and processes that provide statistical information and analysis to all parties involved with the management of international personal lines, the constituencies of which include, at the country, regional and corporate levels, general management, underwriting, marketing and actuarial
• Collaborate with Finance, Claims and Reserving and with data analytics function to ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.

Position Requirements:

• Qualified or near qualified.
• Strong actuarial/modeling experience required
• Experience with data manipulation, predicative modeling and reports development required
• Experience with International auto or personal property insurance preferred
• Skills with Excel VBA, R, Python, Power BI, data visualization software required.
• Strong verbal and written communication skills.
• Fluency in English. Fluency in one other language is a plus