Actuarial Intern

Allianz Insurance • Singapore, SG

Entity: Allianz Insurance Singapore

Key Responsibility Areas:

  • Assist with streamlining and transforming the end-to-end process of underwriting and pricing for motor business.
  • Conduct competitor analysis, including comparison of premium rates, providing customer and market insight, and understanding product’s unique selling points and market positioning.
  • Assist the owner of product development and clarify matters to external (distribution partners) and internal (distribution, IT/operations, finance, legal/compliance) stakeholders.
  • Independently perform comprehensive product performance and monitoring to support portfolio management decisions. Including gathering feedback from sales people and preparing slides for portfolio review.
  • Support ad-hoc analysis and new business opportunities assessment based on needs of distribution or management team.

Requirements:

  • Undergraduate who is currently pursuing a degree in business, finance, actuarial, mathematics preferred.
  • Strong financial and analytical skills.
  • Programming experience is a must (Python).
  • Ability to analyze complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
  • Ability to express ideas and messages clearly, both written and verbally.
  • Ability to successfully influence, persuade and motivate others to act.
  • Good interpersonal skills, ability to work across different cultures.
  • AI-Skills e.g. ChatGPT and Microsoft CoPilot an advantage.
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