About the team

The APAX Portfolio Management team sits within the Life & Health APAX Market Unit and plays a critical role in optimizing the value of the in-force portfolio across Asia Pacific (excl. China). The team focuses on driving sustainable profitability through a combination of technical actuarial expertise, commercial insight, and close collaboration with client-facing, pricing, valuation, and finance teams. By delivering executing management actions, and supporting strategic initiatives such as treaty reviews, product enhancements, and in-force transactions, the team actively protects and optimizes the value of in-force treaties. Operating in a highly collaborative and dynamic environment, the team works closely with regional stakeholders and global partners to generate value for both clients and the organization.

About the role

We are seeking an experienced and client focused professional to join our Portfolio Management team. The successful candidate will solve a variety of commercial problems to optimise and improve value generation on the in-force portfolio. This role is based in Kuala Lumpur to support initiatives across the Asia Pacific (excl. China) regions (APAX).

Core responsibilities:

Portfolio Management - Actively support the Portfolio Management team to execute on management actions focusing on in-force portfolios. Activities include but are not limited to preparing technical analyses, documentation, presentations, leading internal and external client discussions, managing internal stakeholders and managing junior resources from the Bangalore support teams (e.g. experience studies and modelling).
Driving initiatives on the in-force portfolio to increase value and manage risk. Examples include (but are not limited to the following):
1. Performing closed treaty reviews on several treaties annually to review profitability and propose actions.
2. Technical analyses including projections, embedded value, profitability and experience analysis for pricing, recapture and other in-force transaction purposes.
3. Supporting product or policyholder engagement initiatives to maintain or improve value generation for both the cedant and Swiss Re.
Product upgrades and other treaty changes on the in-force:
1. Supporting internal cross functional teams on requests to review product changes on in-force products.
2. Responding to commercial triggers to consider changes to in-force treaties. Examples include (but are not limited to) considerations of substitute business, pricing changes, terms and conditions for pricing changes, requirements on portfolio management in terms of claims, retention, operations and data provision / quality.
Experience and performance monitoring:
1. Prepare and collate information to support portfolio steering and in-force management of the APAX portfolio.
2. Support the SMART Circles framework by preparing monitoring analysis and where required, create new monitoring processes depending upon current and emerging risks.
3. Act as linkage between front line / client facing functional teams and actuarial valuations and reserving to ensure that feedback loops are operating effectively.
Transactions and governance:
1. Support the team leader's role in preparing referral reviews and approvals on client recapture and / or re-pricing activities which require Portfolio Steering sign-off.
2. Support for transactions both pre-deal as key Portfolio Steering representatives, post deal implementation and performance monitoring.
Provide ad-hoc technical support to the broader Portfolio Management team.
Support group wide and local projects as required / support other priorities within Portfolio Steering as required.

About you:

Fellowship-qualified actuary (or nearly qualified) with a recognised Actuarial professional body.
Minimum 5 years of L&H valuation and pricing experience in reinsurance, primary insurance or actuarial consulting.
Experience at a reinsurer or with a direct life office dealing with reinsurance relationships would be highly regarded.
Excellent ability to independently solve a range of complex commercial problems.
Strong end-to-end and execution mindset, with the ability to "join the dots" across the full L&H value chain.
Excellent technical knowledge in all areas of liability portfolio management (e.g. experience studies, product pricing and valuations, business planning, financial performance analysis, embedded value).
Working knowledge of IFRS17 financial reporting regimes, as well as traditional and market consistent embedded value methods.
Knowledge of and experience APAX L&H market (Australia / New Zealand preferred but not mandatory).
Analytical and technical skills, with a strong foundation in data, systems, actuarial models and financial reporting systems.
Excellent communication and presentation skills, with proven ability to lead meetings and drive outcomes (for both internal and external stakeholders of ranging seniority).
Strong desire to learn, adaptable, flexible in thinking.
Fluent in verbal and written English.
Possess valid authorization and the legal right to work in Malaysia at the time of application and throughout the employment.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Keywords:
Reference Code: 138512

Flexible job Institutional Sales Programme jobs (2)

Sign up to Job Alerts!

Associate Relationship Manager

Hedge Fund Credit Officer

Boost your career