Associate Director, Pricing, GFS APAC

Key Responsibilities

Perform pricing, modeling, risk analysis, structuring, and other activities related to specific new business development opportunities for the Global Financial Solutions business unit.Work with the marketing staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives.Document risk analysis of transactions.Assess and analyze risk exposure in potential transactions and prepare documentation of these risks.Review and provide feedback, in a timely manner, the work – including data, assumptions, modeling, sensitivity testing and documentation – of other actuaries as appropriate across all GFS business lines and specifically on projects in the relevant area of responsibility.Maintain and develop the company's pricing function and ensure appropriate procedures and processes are followed within the team.Participate and, where needed, lead ad-hoc department projects as needed.Assist risk management and operations personnel with monitoring experience of in-force treaties.Perform other duties as assigned.Requirements

Required Qualifications and Attributes:Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related fieldFIA, FSA, FIAJ or Equivalent Certification6-8 years of actuarial experience in Life Insurance/Reinsurance experienceDemonstrated knowledge of life insurance, health insurance, third sector, longevity, and/or annuity productsExperience with actuarial modeling softwareStrong oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well receivedStrong investigative, analytical and problem solving skillsAbility to balance detail with departmental goals/objectivesSkills in customer relationship management and change managementAbility to translate business needs and problems into viable/accepted solutionsAbility to liaise with individuals across a wide variety of operational, functional, and technical disciplinesPreferred Qualifications and Attributes:Reinsurance industry experienceProduct design / pricing experience OR ALM / risk management experience (requirements vary with job level)Financial reinsurance, asset-intensive, or longevity pricing experienceKnowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US tax; IFRS; MCEV / EV / EEV; and Solvency II.Ability to model various insurance products and reinsurance structures.PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages (ex: C/C++)Expertise in MoSes, TAS10, TAS9.5, and/or AXISAbility to challenge and enhance our analytical capabilitiesUnderstanding of asset modeling and ALM techniques, including derivatives, and capital markets approaches

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