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 (“RMG”) – a leading integrated healthcare service provider in Singapore.
Prior to its inauguration in October 2012, Raffles Health Insurance was known as International Medical Insurers Pte. Ltd. (“IMI”).
We are a leading healthcare insurance specialist in Singapore, 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. We strive to be the preferred healthcare partner and service provider, specialising in providing you a healthcare financing solution to cater to your healthcare needs.
This program provides students a hands-on experience working on practical actuarial and data analytics work within the Health Insurance Industry. Interns will be given exposure and guidance to understand medical related insurance data used in actuarial pricing and reporting functions, which may include patient socioeconomic data, claims data and healthcare trends. The scope of work includes organising, validating, analysing, and presenting data and business insights to key stakeholders, and support in product pricing and valuation reporting on ad hoc projects for automation, process improvement and enhancements, ultimately providing a holistic understanding of the healthcare and health insurance industry.
Job Description
Design, enhance, automate and document various data and analytics processes to support actuarial pricing and reporting functions.
This may include:
- Actuarial pricing tools
- Claims data and analysis processes
- Reporting templates and submissions
- Other ad hoc pricing and reporting functions as required
Qualifications
- Students pursuing a degree in Actuarial Science, Mathematics, Statistics, Data Analytics or other related disciplines that possesses analytical and quantitative components.
- Experience in product lines such as life and health insurance products will be an advantage.
- Strong analytical skills, critical thinking, problem-solving skills, and attention to detail.
- Self-motivated and eager to learn, well-organised, independent and resourceful while driven to collaborate and contribute as a team player, positive work ethic.
- Familiarity and proficiency with Microsoft Excel/Access, VBA, Python, R, SQL or other coding/data tools will be an advantage.
Kindly note that only shortlisted candidates will be notified.
Related Job Searches:
- Company:
Raffles Medical Group Pte Ltd - Designation:
Actuarial Intern (Raffles Health Insurance) - Profession:
Insurance - Industry:
Insurance - Location:
Geylang