Consumer Lines Actuary, Asia

• Malaysia
• 20,000 RM
• Permanent

In this role, you will develop, solve, and drive the digital transformation agenda in conjunction with the business, global stakeholders, and regional IT organizations. You'll get to be part of a team building a new end-to-end digital insurance platform to enable new distribution models. Insurance offerings on this platform will be specifically designed for high levels of automation and straight-through processing across the full insurance value chain. Your tasks & key responsibilities: Develop a strong understanding of the digital insurance business and apply to architecture & design artifacts. Drive workshops on solution options with IT and & business subject matter experts. Investigate new technologies, platforms, and design patterns as applicable to business focus areas. Engage with business stakeholders on digital initiatives and proposed solution architectures. Creation of application technical design documents to guide development/delivery. Address technical queries from development teams. Coach development teams in best practices. Ensure development is in line with architectural design. Take end-to-end responsibility for technology solutions from design through to delivery. Provide technical leadership to delivery teams – specifically senior developers and business analysts. Make pragmatic and delivery-focused technical decisions.   Your skills and experience: 15+ years in IT across multiple IT disciplines. Prior experience in Applications Architecture in Insurance / financial services industry. Broad experience with modern technologies and applications integration paradigms. Recent project experience with UI/UX technologies, APIs, and systems integration. Development experience in Java & JavaScript preferred. Recent experience in Agile delivery / DevOps. Sound understanding of Architecture methodologies and standards. In-depth knowledge of recent UI/UX technologies (eg ReactJS), API design (REST/JSON) and applications integration technologies. Knowledge of data modelling/database design. Sound experience with Cloud technologies – especially AWS – Containers, Lambda, RDS etc. Sound understanding of IT project delivery and agile / DevOps methodologies. Passion for new and emerging technologies. Ability to investigate these in depth. Ability to understand business requirements in detail. Ability to work with both off-the-shelf platforms and bespoke development. Strong modeling & UML skills. Excellent communication & documentation skills.   This global insurance success story prides itself on out-of-box thinking and challenging the status quo. With an optimistic approach, they focus on the positives and constantly ask, "What can go right?" They value the experiences and know-how of employees and offer a wide range of opportunities across business areas. EA License 16S8145EA Reg No: R23116952

• Singapore
• Permanent

About the role The opportunity is with a leading insurance firm and they are seeking a seasoned Life Pricing Actuary to lead a team. Key Responsibilities Responsible for the pricing of Individual insurance products and ensuring that our pricing strategies are competitive, profitable, and compliant with internal and regulatory requirements. Manage the pricing for all individual insurance products, including new product development and product enhancements Conduct actuarial analysis and research to support pricing decisions, including data collection, analysis, and modeling Ensure that all pricing strategies comply with regulatory requirements and company policies Manage and develop a team of actuaries and analysts, providing mentorship and guidance as needed Oversee the development and maintenance of pricing models, tools, and systems Stay up-to-date with industry trends and regulatory changes related to pricing Requirements At least 7 years of experience, including at least 2 years of experience in actuarial pricing Knowledge of regulatory requirements related to insurance pricing, such as MAS, LIA MOH regulations, and guidelines. Qualified Actuary (under Institute of Actuaries / Society of Actuaries / Institute of Actuaries of Australia) Strong analytical skills, with experience in actuarial modeling, data analysis, and statistical analysis Excellent communication skills, with the ability to explain complex actuarial concepts to non-technical stakeholders Strong leadership skills, with the ability to manage and develop a team of actuaries and analysts Strong project management skills, with the ability to manage multiple projects and priorities simultaneously EA License 16S8145EA Reg No: R23116952

• Malaysia
• Permanent

Our client is an established reinsurance organization based in Malaysia. They are seeking an experienced and dynamic Chief Underwriting Officer (CUO) to lead their underwriting operations. The CUO will be responsible for overseeing the department and managing the planning and execution of both treaty and facultative strategies for the business. This role requires a seasoned professional with strong leadership qualities, a strategic mindset, and the ability to navigate complex stakeholder environments. Leadership & Management: Oversee the underwriting operations, leading a team of 30 FTEs, ensuring alignment with the company’s strategic objectives. Develop, mentor, and manage the underwriting team, fostering a culture of high performance, accountability, and continuous improvement. Ensure that underwriting guidelines, risk management protocols, and compliance standards are adhered to across all lines of business. Strategic Planning & Execution: Lead the development and execution of both treaty and facultative underwriting strategies, ensuring profitable growth and risk diversification. Analyze market trends, client needs, and competitive landscape to adjust underwriting strategies and ensure the organization remains agile and competitive. Collaborate with actuarial, risk management, and finance teams to align underwriting practices with the company’s financial objectives. Stakeholder Engagement: Engage with the board of directors, senior management, and other key stakeholders to present underwriting strategies, performance metrics, and market insights. Develop and maintain strong relationships with external stakeholders, including brokers, clients, and regulatory bodies. Provide regular updates and reports to the board and senior management on underwriting performance, emerging risks, and market opportunities. Risk Management: Ensure that the underwriting portfolio is balanced and aligned with the company’s risk appetite and reinsurance treaties. Lead initiatives to enhance underwriting quality, improve risk selection, and optimize the portfolio for profitability and sustainability. Innovation & Continuous Improvement: Drive innovation in underwriting practices, exploring new tools, technologies, and methodologies to enhance efficiency and accuracy. Monitor and evaluate the effectiveness of underwriting processes, implementing improvements where necessary. Requirements: Bachelor’s degree in Business, Finance, Insurance, or a related field Minimum of 15 years of experience in reinsurance underwriting, with at least 5 years in a senior leadership role. Proven track record in managing underwriting teams and developing successful treaty and/or facultative strategies. Experience in engaging with board members, senior management, and other high-level stakeholders. Strong leadership and team management skills, with the ability to inspire and drive high performance. Strategic thinker with a deep understanding of reinsurance markets, products, and trends. Excellent communication and presentation skills, with the ability to articulate complex ideas to a diverse audience. High level of maturity and emotional intelligence to manage the pressures associated with a high-stakes role. Proficiency in English is required. Additional languages are an asset. If this sounds like an opportunity for you, please email your resume to fairuz@lunos-search.com for a confidential discussion. EA License 16S8145 EA Reg No: R1443068

• Malaysia
• Up to 15,000 RM
• Permanent

Client Manager – Family ReTakaful (Actuarial) Our client, a leading reinsurance organization in Malaysia, is seeking an ambitious and outgoing actuary to fill the role of Client Manager, with a focus on family retakaful business. As a Client Manager, you will play a pivotal role in managing relationships with key clients while also applying your actuarial expertise in retakaful pricing. This unique hybrid role offers the opportunity to blend technical pricing skills with client-facing responsibilities, ensuring that our client's solutions meet the evolving needs of the market. While your primary geographical focus will be on Malaysia, there will also be opportunities to engage with clients in Indonesia. Key Responsibilities: Client Management Build and maintain strong relationships with clients, acting as their primary point of contact for family retakaful solutions. Understand client needs and collaborate with internal teams to develop customized solutions that align with their objectives. Engage with external stakeholders, including brokers and insurers, to drive business growth and enhance client satisfaction. Reinsurance Pricing Apply actuarial expertise to price family retakaful treaties, ensuring competitiveness while maintaining profitability. Analyze market trends, risk factors, and portfolio performance to inform pricing strategies. Collaborate with the underwriting and product development teams to refine pricing models and methodologies. Geographical Focus Manage client portfolios primarily in Malaysia, with additional exposure to the Indonesian market. Stay informed of regional market dynamics and regulatory developments to ensure compliance and competitiveness. Qualifications & Experience: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field. Professional actuarial qualifications (e.g., FIA, FSA) not necessary. A minimum of 5 years of actuarial experience with a direct insurer / reinsurer. Experience with retakaful or takaful products is advantageous but not mandatory. Pricing experience, while beneficial, is not mandatory. Demonstrated ability to manage client relationships and engage with external stakeholders. Strong analytical and problem-solving skills, with the ability to translate technical insights into actionable business strategies. Excellent communication and interpersonal skills, with a client-focused mindset. Ability to work independently and as part of a team, with a proactive approach to client management. EA License 16S8145EA Reg No: R23116952

• Singapore
• $10,000 - $12,500
• Permanent

About the Opportunity The opportunity is with a global provider of specialized insurance and reinsurance solutions, catering to intricate and diverse risks with a strategic presence in major markets spanning the Americas, Europe, and Asia Pacific. They are looking for a nearly/newly qualified actuary to join the regional Property & Casualty team based in Singapore to support the growth in the region. The role will provide an opportunity to work across a diverse range of portfolios for different markets and lines of business. This role will have an initial focus on Property, Tech, and Marine.  Responsibilities A detailed portfolio review is needed to identify pricing/underwriting actions that should be taken to enhance profitability. Build/maintain pricing models which can include predictive modeling techniques such as GLM and Machine Learning. Account pricing for larger policies where there is sufficient claims experience to do so. Be part of the financial management of the portfolios through planning activities. Design and develop monitoring infrastructure to track key performance metrics for strategic portfolios. Present technical results to a wide range of internal stakeholders including frontline business owners and management. Enhance the quality of data and processing efficiency to meet expanding business needs as the P&C portfolios grow Requirements Around 5 years of experience in an actuarial role for general insurance with the majority of time spent on the pricing function. Demonstrate good problem-solving skills based on a solid foundation in analyzing data and applying statistical techniques. Experience in predictive modeling is seen as an advantage. Experience with programming languages (e.g. SQL/Python) and actuarial applications (e.g. Emblem/Radar) is seen as an advantage. Newly qualified or part-qualified actuary with progression towards qualification. A motivated individual who can work well independently as well as in a team. Strong communication skills and ability to liaise with various stakeholders. This role will have close engagement with the stakeholders of various countries and products. The ability to interact with colleagues from different backgrounds and communicate in a direct and prompt manner will be critical to success in this role and further opportunities within the organization.  If this sounds like the opportunity for you, click apply or email me your updated resume at ryan@lunos-search.com EA License 16S8145EA Reg No: R23116952

• Singapore
• $200,000
• Permanent

One of Asia’s leading non-life insurance groups, this organisation requires an experienced VP to head up Cyber insurance initiatives across Underwriting, Reinsurance and Claims. Reporting to the SVP Financial Lines, in a newly-created role, you will drive growth and leverage your skills as a Cyber SME, including product development, distribution, underwriting, claims and outwards reinsurance as well as evaluate underwriting referrals across Asia. This is a key role in achieving profitable growth objectives and enhancing market position. Key Responsibilities: Business Performance: Take ownership of the Cyber insurance business metrics and results, promoting strategies to ensure sustainable long-term growth and profitability Portfolio Management: Underwrite and manage the Cyber portfolio, by ensuring comprehensive risk assessment and adherence to underwriting standards Brokerage Relationships: Build and maintain a robust network of brokerage relationships and agency connections to identify and grasp opportunities to expand Capability Development: Build a high-performing team by enhance Cyber insurance capabilities including training, coaching, and knowledge transfer Product & Business Development: Drive the development of Cyber insurance products and business strategies by providing SME support on claims to align with growth objectives Portfolio Analysis: Manage the quarterly premium submissions and develop portfolio analysis tools to monitor and optimize performance Systems & Processes: Review and improve systems, processes, and workflows for Cyber functions, ensuring exceptional service quality and operational excellence. Qualifications: Education: Degree qualified Experience: At least 10 years’ experience in insurance/reinsurance, with at least five years in Cyber insurance product development and underwriting Skills: Deep understanding of financial statements, credit risk, and insurance financial fundamentals Proficient in identifying CyberSecurity risk exposures, hazards, and implementing appropriate controls Proven track record in business development and a strong acumen to navigate business and market requirements Expertise in coaching, delegating, and mentoring junior underwriters to uphold underwriting best practices Why apply? This is an exciting opportunity to join an established insurance enterprise forging significant growth in the Cyber domain. You’ll get to work alongside a well-regarded leader and team poised for further growth and success. If joining to make a significant impact in the insurance industry with a company that values integrity, customer care, and regulatory compliance appeals, apply now. WhatsApp Jo Tonissen on +65 9678 6944. EA License 18S9063 MOM Registration No R21102228

• Singapore
• Permanent

Our client is a global leader in reinsurance. They are seeking an experienced Property Treaty Underwriter to join their regional team covering Asia. In the role, you will work with the market underwriters in underwriting complex treaty business including customised solutions for the clients. You should be proficient in underwriting nat cat business and also be able to use models as well as work with modellers to develop new ones. The successful candidate will be someone experienced in property treaty underwriting, highly analytical, possess strong collaborative traits and excellent communication skills. We are open to Underwriters and Senior Underwriters for this role. If this sounds like an opportunity for you, please click apply or email your updated CV to fairuz@lunos-search.com. EA License 16S8145EA Reg No: R1443068

• Singapore
• Permanent

Our client is a leading global insurance and reinsurance broker specializing in risk management and insurance solutions. They are seeking a skilled Insurance professional, in the area of Marine Cargo, to join their team in Singapore. This role will be pivotal in supporting local offices across Asia as a subject matter expert in risk management. The ideal candidate will play a crucial role in both client-facing activities and internal collaboration with stakeholders, especially in key markets such as Japan and/or China. Key Responsibilities: Act as a subject matter expert on risk management within the Marine Cargo market, providing insights and guidance to local offices and clients across Asia. Support client-facing activities by participating in client meetings, presenting risk assessments, and recommending appropriate insurance solutions. Collaborate closely with internal and external stakeholders such as brokers and underwriters to develop comprehensive risk management strategies. Requirements: Proven experience in broking or underwriting within Marine Cargo (insurance/reinsurance) Strong understanding of the Marine Cargo market, its risk factors, and regulatory requirements in Asia especially in key markets such as Japan and/or China. Excellent communication skills with the ability to engage and influence both internal and external stakeholders. Analytical mindset with the ability to provide strategic insights and solutions. Ability to work independently and collaboratively in a fast-paced, client-driven environment. If this sounds like the opportunity for you, click apply or email me your updated resume at fairuz@lunos-search.com EA License 16S8145EA Reg No: R1443068

• Singapore
• Permanent

Our client is a boutique-sized reinsurance broker with recent successes in the region, poised for growth and transformation. Their recent wins have set the stage for exciting new opportunities. They are seeking reinsurance practitioners who are eager to make a significant impact on shaping their business trajectory over the next decade.   Key Responsibilities: Collaborate with the team to leverage recent successes and drive further growth in the reinsurance market. Engage in both treaty and/or facultative reinsurance placements, harnessing your expertise to deliver tailored solutions to clients. Lead negotiations and manage relationships with clients and underwriters to secure optimal terms and coverage. Contribute to the evolution of the business by championing improvements in systems, processes, and team dynamics. Requirements: Proven experience in reinsurance underwriting or broking, with a strong understanding of treaty and/or facultative reinsurance. Driven mindset with a desire to lead and effect positive change within a growing organization. Excellent communication and negotiation skills, capable of building and maintaining relationships with diverse stakeholders. Ability to navigate challenges such as legacy processes or resistance to change with resilience and creativity. Bachelor's degree in Business, Finance, Insurance, or a related field; professional certifications (e.g., ACII) are advantageous. If you would like to expand your skills and influence within an entrepreneurial environment, click apply or email me your updated resume at fairuz@lunos-search.com   EA License 16S8145 EA Reg No: R1443068

• Singapore
• Permanent

We are seeking a dynamic and results-driven Business Development Manager to spearhead the promotion and expansion of our client's parametric insurance solutions across the region.This role presents an exciting opportunity to drive business growth by educating and engaging with potential clients, brokers, and industry partners about the benefits and applications of parametric insurance. Key Responsibilities: Execute a strategic business development plan to promote and sell parametric insurance products within the region. Identify and cultivate relationships with key stakeholders, including insurance brokers, corporate clients, government entities, and industry associations. Educate potential clients on the unique features and advantages of parametric insurance, emphasizing its ability to provide rapid and transparent coverage for specific risks. Lead negotiations and manage the sales process from initial contact through to closing deals, ensuring smooth implementation and client satisfaction. Monitor market trends, competitor activities, and regulatory developments to identify opportunities and risks for business development. Provide regular reporting on sales activities, pipeline status, and market feedback to management. Requirements: Proven track record in business development or sales within the insurance industry, with specific experience in promoting innovative insurance solutions such as parametric insurance. Deep understanding of the insurance market in the region, including key players, market dynamics, and regulatory environment. Strong network and existing relationships with insurance brokers, corporate clients, and relevant industry contacts in the region. Excellent communication and presentation skills, with the ability to effectively articulate complex concepts and build consensus among diverse stakeholders. Strategic thinker with the ability to develop and execute sales strategies to achieve business objectives. Bachelor's degree in Business, Finance, Economics, or a related field; additional certifications or qualifications in insurance (e.g., ACII) preferred. If this sounds like the opportunity for you, click apply or email me your updated resume at fairuz@lunos-search.com   EA License 16S8145 EA Reg No: R1443068

• Singapore
• Permanent

Our client is a leading global insurance and reinsurance broker specializing in risk management and insurance solutions. They are seeking a skilled Insurance professional (preferably in the area of downstream energy) to join their team in Singapore. This role will be pivotal in supporting local offices across Asia as a subject matter expert in risk management. The ideal candidate will play a crucial role in both client-facing activities and internal collaboration with stakeholders.   Key Responsibilities: Act as a subject matter expert on risk management within the energy sector, providing insights and guidance to local offices and clients across Asia. Support client-facing activities by participating in client meetings, presenting risk assessments, and recommending appropriate insurance solutions. Collaborate closely with internal and external stakeholders such as brokers and underwriters to develop comprehensive risk management strategies. Requirements: Proven experience in broking or underwriting within the energy sector (insurance/reinsurance) Strong understanding of energy industry dynamics, risk factors, and regulatory requirements in Asia. Excellent communication skills with the ability to engage and influence both internal and external stakeholders. Analytical mindset with the ability to provide strategic insights and solutions. Ability to work independently and collaboratively in a fast-paced, client-driven environment. If this sounds like the opportunity for you, click apply or email me your updated resume at fairuz@lunos-search.com   EA License 16S8145 EA Reg No: R1443068

• Singapore
• Permanent

Our client is a leading global insurance broker. They are looking for a Business Development Lead to join their regional team in Singapore, focusing on the Power & Renewables sector across Asia. This role involves collaborating closely with local country offices to foster growth opportunities and expand market presence in the region. The ideal candidate will play a key role in opening new business avenues and supporting management reporting activities.   Key Responsibilities: Partner with brokers in-country across Asia to identify and pursue business development opportunities within the Power & Renewables sector. Cultivate and nurture relationships with key stakeholders, including clients and industry partners, to enhance business prospects. Drive strategic initiatives to expand market share and achieve revenue targets. Lead and coordinate business development efforts, including client presentations, proposals, and negotiations. Provide management reporting on business development activities, market trends, and performance metrics. Requirements: Proven experience in business development within the insurance industry, ideally focusing on Power & Renewables or related sectors. Strong network and understanding of the Power & Renewables market in Asia. Excellent communication and negotiation skills, with the ability to influence and build relationships at all levels. Strategic thinker with the ability to identify opportunities and drive initiatives independently. We are seeking applicants within the Insurance broking and/or underwriting domain. If this sounds like the opportunity for you, click apply or email me your updated resume at fairuz@lunos-search.com   EA License 16S8145 EA Reg No: R1443068