Actuarial Pricing Specialist at Momentum Metropolitan Holdings Limited

Role Purpose    

• To support the pricing and reinsurance functions within FundsAtWork and Group Insurance through actuarial modelling, experience analysis, pricing tool development and reinsurance calculations.
• The role will contribute to the pricing of new and existing products and the delivery of accurate actuarial insights to support business decision-making.

Requirements    

Experience and Qualifications

• Actuarial student with a major in Actuarial Science and/or Statistics
• Passed/exempted from all A1 and A2 series examinations and the A3 level subject.
• Minimum of 3 years' relevant actuarial experience, preferably within life insurance or employee benefits.
• Experience in pricing, product development or reinsurance will be advantageous.
• Proficiency in R, VBA and SQL.
• Experience developing and maintaining actuarial models and pricing tools.
• Knowledge of life insurance, employee benefits, pricing methodologies and reinsurance principles.

Duties & Responsibilities    

Internal Process

• Develop, maintain and enhance actuarial pricing models, methodologies and pricing tools used for quotations, rate reviews and product pricing.
• Perform actuarial analyses and calculations relating to mortality, morbidity, expenses, investment fees and other pricing assumptions.
• Analyse data and other sources of information to generate insights and support business decision-making.
• Assist with the development and application of statistical modelling techniques, including machine learning methodologies where appropriate.
• Conduct competitor and market analyses to support product and pricing strategy.
• Support the management of actuarial and product-related risks through appropriate modelling, monitoring and reporting.
• Compile and present actuarial reports, findings and recommendations to internal stakeholders.
• Provide technical actuarial support to pricing, rate review, finance and other business teams.
• Ensure compliance with relevant actuarial, legislative, regulatory and statutory requirements.
• Perform reinsurance premium calculations and related actuarial analyses.
• Support the review and management of facultative and automatic treaty reinsurance arrangements.
• Analyse and assess reinsurance recoveries and related reporting requirements.
• Provide actuarial input into reinsurance strategy, pricing and risk management activities.
• Build and maintain effective relationships with internal and external stakeholders.
• Deliver actuarial services and outputs in line with agreed service levels and business requirements.
• Provide actuarial expertise, advice and insights to support stakeholder decision-making.
• Contribute to initiatives aimed at improving client outcomes, operational efficiency and service delivery.
• Collaborate effectively with team members and contribute to a positive and high-performance team culture.
• Continuously develop actuarial, industry and regulatory knowledge.
• Contribute to innovation through the development and implementation of new ideas, models and processes.
• Manage deliverables effectively and produce high-quality outputs within required timeframes.
• Take ownership of personal development and actuarial exam progression.

Competencies    

• Analytical Thinking and Problem Solving
• Attention to Detail
• Stakeholder and Relationship Management
• Delivering Results Under Pressure
• Continuous Learning and Innovation

Closing Date    

• 2026/09/17