Hybrid R&D Analyst, Asia na Pacific Life Re

Job Title

Job Description

The Role

Reporting into the AVP, R&D in Asia, the role is to support the delivery of the company’s actuarial bases for the Asia business unit, which involves data crunching and analysis work to support the experience analysis and development of Terms of Trade across all our lines of business and territories within Asia.

The Analyst will need to become very familiar with the benefit details of each of the treaties he/she works on, across a range of Asian markets, and have a good understanding of the mechanics of an experience analysis.

This role would be based in Singapore, in line with most of the team.

Duties

• Support the experience analysis and basis setting for current in force treaties.
• Support the development and maintenance of the Branch’s Terms of Trade through analysis of experience data (both company specific and external) and an understanding of the distribution and risk landscape in the markets that we operate in.
• Support the maintenance of the internal assumptions management platform
• Further improve and automate the current experience analysis process.
• Support the development and maintenance of the quantifying insurance risk framework across all lines of business through the calibration of probability distribution functions and documentation of methodologies.
• Ad hoc research projects, for internal research priorities and occasionally involving presentations to clients and external parties. This will also include providing support to the life reinsurance quoting process via the analysis of available data in addition to supporting the pricing team in setting key pricing bases for new products or market initiatives.

Qualifications & Experience

• Actuarial Science degree or similar.
• Good awareness of SQL, Excel and ideally other systems such as R, Python, Tableau or Emblem, and a willingness to adopt to new software or systems as required.
• Ability to pay great attention to detail, as well as to work efficiently and to deadlines.
• Ability to interpret data and its use in actuarial calculations, to ensure that relevant data fields are treated appropriately.
• Developing processes for improved data cleaning, analysis and reporting.
• Strong interpersonal and communication skills.  Should be comfortable giving presentations to both internal and external stakeholders in fluent English.
• Good understanding of actuarial principles and processes.
• Good team player

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Leave

• 23 days of annual leave with option to buy/sell more days

• Adoption and fertility leave 

• Generous enhanced parental leave  

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Term Life Insurance coverage of 5x basic annual salary, Group Accelerated CI of 1x annual basic salary and Group Accidental Death & Dismemberment of 3x annual basic salary 

• Optical & Dental benefits 

• Additional flexi benefits

Wellness

• Access to Employee Assistance Program 

• Time off for volunteering 

• Charitable matching of employee donations



As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

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