Job Description
- Participate in preparation and analysis of financial impact assessment for IFRS17.
- Support the design, develop and testing of Prophet Enterprise and Prophet PDMP and other relevant systems for IFRS17 implementation.
- Produce and review prophet model results and implement changes to Prophet/DCS/IDR for IFRS17 purpose.
- Review financial output from DM/SAS system and implement configuration changes to DM/SAS calculation for IFRS17 purpose, developed as a subject matter expert on DM/SAS.
- Conduct end-to-end testing and be a key SME to trouble shoot and propose the root cause of issues.
- Consider business and regulatory compliance risks and be aware of potential impact from the decisions made, takes appropriate steps to mitigate the risks.
- Maintain awareness of industry trends, emerging threats when collaborating with internal/external stakeholders to understand the implication and better safeguard the company.
- Highlights any potential concerns and risks and proactively shares best practices.
Job Requirements
- Degree holder in Actuarial Science and with good progress in Actuarial exams.
- Minimum 4 years of working experience in actuarial field with hands on working experience in prophet system, quarterly reserve movement analysis, IFRS17 reporting.
- Good knowledge about Singapore Valuation and RBC 2 rules is preferred.
- Good knowledge of Prophet and proficiency in Microsoft Office suite is preferred.
- Proficient at Actuarial reserving and embedded value concepts.
- Excellent communication and time management skills.
