SCOR

Head of Pricing – South East Asia (SEA)

SCOR  •  Singapore, SG (Onsite)  •  3 hours ago
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Job Description

We are looking for a Head of Pricing - South East Asia (SEA) in Singapore.

This role leads SCOR's Southeast Asia (SEA) Pricing team, managing a team of Pricing Actuaries while overseeing pricing and risk assessment activities across the market. The position partners closely with the Head of Market to drive strategic objectives, strengthen client relationships, and support profitable business growth within SCOR's risk appetite. It also works collaboratively with broader APAC Pricing and Global teams to ensure compliance with pricing governance frameworks and contribute to regional and global research and development initiatives.

Key duties and responsibilities

  1. To lead the Pricing function in SEA in the following activities:
  • Responsible for delivery of timely and quality pricing quotations on new business opportunities, and repricing on existing business
  • Ensure pricing conforms to SCOR’s global pricing and underwriting policy and principles
  • Ensure risks quoted and accepted are on a technically sound and profitable basis
  • Detailed understanding of risks for new business and inforce business with consideration of the interaction with the SEA strategy and risk appetite
  • Enhance and develop the local pricing & underwriting guidelines for all SEA markets
  • To provide technical support for new product/risk development in SEA
  • To support inforce management in SEA and ensure emerging experience is reflected in pricing/repricing
  • To recruit and retain technical talent, provide guidance and training, ensure the development and stability of the pricing team
  • Build market intelligence to enable informed pricing and risk assessment decisions
  • Support building the SCOR brand, promoting SCOR via speaking at internal/external seminars and actively participating in the actuarial community
  • Develop and enhance relationships with external and internal clients
  1. To support regional and global pricing initiatives and projects

Required experience & competencies

Experience:

  • At least 12 years of experience with minimum 5 years of post-qualification pricing experience within the insurance/reinsurance industry
  • Bachelor’s (or above) degree in Actuarial Science/Math or related field;
  • Qualified member of one of major actuarial societies (FIA/FIAA/FSA)
  • Experience with major markets in South East Asia preferred
  • Extensive knowledge of key Life & Health products across individual and group segments
  • Experience with reinsurance solutions/structures preferred
  • Team leadership and people management experience required, coupled with strong project management skills.
  • Experienced with main Actuarial tools

Personal Competencies:

  • Good analytical capability with problem solving attitude to provide balanced solution to market
  • Commercial business sense and experience
  • Good interpersonal skill to balance the need of various stakeholders
  • Excellent leadership skills and team player
  • Challenge the status quo and proactively look to improve knowledge and processes

Soft Skills:

  • Great teambuilding skill preferred to integrate the existing team, recruit new talent and develop new team members;
  • Flexible, “can do” attitude with interest in career and skill development.
  • Capable to adapt to changes in business environment

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. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

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, reflecting the input of employees at all levels of the Group. 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.

SCOR

About SCOR

SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C.

The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable.

The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe.

One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft.

Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Paris, FR
Year Founded
Unknown
Website
scor.com
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