SMBC Group

Junior Pricing Actuary

SMBC Group  •  Tokyo, JP (Onsite)  •  2 months ago
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Job Description

Job Purpose

In order to reach Pricing Excellence, you will use programming skills to prepare data, statistical modeling expertise and analytical knowledge. Finally, your business knowledge of Japanese insurance market will be a key element to deliver predictive models valuable for our insurance products.

Key Qualifications


Requirements (1): Technical skills, Job experiences

Technical skills: Must have:

・Programming language (SQL, SAS, Python or R. Or any similar language)

・Mathematical thinking

・Japanese insurance business knowledge

・Office (Excel, PowerPoint, )

Job experience: Nice to have:

・A first experience in insurance or in an analytical work involving manipulating numbers is appreciated.

・Any experience in Kaggle (or any other Data Science platform) competition is a plus.


Requirements (2): Behavior, Competency

・Rigorous

・Clear communication (capable to explain technical concepts to non-specialist audience)

・Innovative mindset (capable to challenge current methodology)

・Team player

・Strong appetite for learning


Requirements (3): Certificate, Education background

・Bachelors degree or above in one of those fields: Actuarial Science, Mathematics, Statistics, Data Science, Computer Science

・Actuarial exams are a plus.


Requirements (4): Language skills

・Japanese: Native or Fluent (JPLT N3 level minimum)

・English: reading + writing: mandatory / speaking: nice to have

Responsibility


Key Accountabilities

【Technical price modeling】

・ Predict the occurrence of accident and the average amount of the claims, using past data

・ Improve the current methodology by introducing Data Science methodology into traditional actuarial models

【Customer behavior modeling】

・ Predict the probability for a prospect to buy an insurance contract

【Market analysis】

・ Analyze insurance market trend

SMBC Group

About SMBC Group

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo and Nagoya stock exchanges, and its ADRs trade on the New York Stock Exchange (NYSE: SMFG).

Americas: https://www.smbcgroup.com/

EMEA: https://www.smbcgroup.com/emea/

APAC: https://www.smbc.co.jp/asia/

Tokyo: https://www.smfg.co.jp/english/

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Tokyo, JP
Year Founded
Unknown
Website
co.jp
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