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Raffles Medical Group

Director / Deputy Director, Actuarial and Product Development

Early Applicant
  • 4 days ago
  • Be among the first 50 applicants

Job Description

Raffles Medical Group (RMG) is a multidisciplinary medical group practice that has grown from a two-man clinic operation in 1976 to a leading integrated healthcare organization serving patients across five countries and 14 cities. In Singapore, we operate over 100 medical facilities, including a flagship tertiary hospital, a network of family medicine and dental clinics, insurance services, Japanese and Traditional Chinese Medicine clinics, and a consumer healthcare division.

Raffles Health Insurance (RHI) was incorporated in 2004, commenced operations on 2 January 2005 as a general insurer and converted into a life insurer in March 2006 under the purview of the Monetary of Authority of Singapore. RHI is a wholly-owned subsidiary of Raffles Medical Group. RHI is supported by RMG's wide network of family medicine clinics and tertiary care private hospital, Raffles Hospital, to provide fully integrated and coordinated healthcare for our policy owners and members

Director / Deputy Director, Actuarial and Product Development

We are seeking a highly skilled and experienced individual to lead our Actuarial and Product Development team. This role is crucial in driving the strategic direction of our actuarial and product development function, ensuring the accuracy and integrity of our financial projections, and providing insights that support our business objectives as well as the development and pricing of innovative products to meet customer needs.

Key Responsibilities:

  • Lead and manage the Actuarial and Product Development team, providing mentorship and guidance to team members, which would include student actuaries and analysts.
  • Oversee the development and implementation of actuarial models and methodologies to assess risk, pricing, and reserves.
  • Oversee the development and launch of new products
  • Oversee pricing of products, including group employee benefit schemes
  • Collaborate with senior leadership to inform strategic decision-making through actuarial analysis and insights.
  • Ensure compliance with regulatory requirements and industry standards.
  • Present actuarial findings and recommendations to stakeholders, including executive management and the board of directors.
  • Drive innovation in actuarial practices and stay updated on industry trends and advancements.
  • Manage relationships with external auditors and regulatory bodies.

Qualifications:

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field;
  • Fellow of the Society of Actuaries (FSA) or equivalent designation.
  • Strong analytical skills and proficiency in actuarial software and programming languages (e.g., R, Python, SQL).
  • Excellent communication and presentation skills, with the ability to convey complex information to non-technical stakeholders.
  • Proven track record of successful project management and team leadership

The working location will be at 25 Tannery Lane, Singapore 347786

Please forward updated resume to: [Confidential Information]

We regret only shortlisted candidates will be notified.

Thank you for your interest in Raffles Medical Group.

More Info

Industry:Other

Function:Healthcare

Job Type:Permanent Job

Date Posted: 20/11/2024

Job ID: 101005161

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Last Updated: 20-11-2024 10:44:28 PM
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