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Jobs in Singapore   »   Jobs in Singapore   »   Science / R&D / Research Job   »   IFRS17 Actuarial Officer / Senior Officer (2yr Contract)
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IFRS17 Actuarial Officer / Senior Officer (2yr Contract)

China Life Insurance (singapore) Pte. Ltd.

China Life Insurance (singapore) Pte. Ltd. company logo

China Life Insurance Singapore (CLIS) aims to foster a strong sense of belongings for all employees with people-oriented corporate culture.


Position Objective:

To provide support to the Chief Actuary in areas of IFRS17/Project / Modelling.

The role is to support the Actuarial Model manager and IFRS 17 Lead, focusing on Prophet model development, including functionalities for IFRS 17 and IFRS 17 pricing model.

Job Responsibilities:

  • Actuarial – Prophet Modelling
  1. Work with the team lead on IFRS 17 projects to maintain IFRS 17 actuarial model, and new product modelling
  2. Data preparation including model inputs, model points and assumptions for IFRS 17
  3. Analyze, document and conduct impact analysis under IFRS 17 reporting.
  • Actuarial – IFRS 17 Valuation
  1. Provide support in End to End reporting production and actuarial analysis to fulfil the reporting obligation under IFRS 17.
  • Ad-hoc project
  1. To participate in other ad-hoc projects assigned by the department head, including business planning under IFRS 17.

Job Requirements:

  1. Good degree in Actuarial Science/Data Science.
  2. Freshes are welcome to apply.
  3. Job title and rank depend on the number of years of actuarial working experience in Life/GI insurance
  4. Familiar with IFRS 17 valuation and End to End financial reporting is an advantage
  5. Experience in actuarial software model development is required; Prophet coding experience is strongly preferred
  6. Experience with IFRS 17 implementation projects is greatly advantageous, but not a requirement.
  7. Proficient in MS Excel and MS Access
  8. Good communication and project management skills
  9. Well versed in English and Chinese
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