Total 3 job vacancies by Tokio Marine Life Insurance Singapore Ltd.

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.

Job Description

• Preparation of embedded value (TEV basis and MCEV basis) reporting and analysis of surplus arising.
• Preparation of annual business planning exercise, analysis of potential surplus arising and making recommendations.
• Preparation and analysis of economic capital reporting.
• Conducting experience studies and making recommendations considering plausible future development.
• Preparation and analysis of reinsurance related reporting including reinsurance treaty/addendum review.
• Manage model governance and validation in accordance with internal policy which includes reviewing procedures to maintain model integrity and appropriate model documentation.
• Manage enhancement and modification of the Prophet system, ensuring accuracy and consistency of the results produced, and modifications are well documented including new products modelling and enhancements for reporting and capital frameworks such as IFRS17, RBC2, ECAP and MCEV.
• Ensure quality and timely completion of core deliverables.
• Provide technical support to internal as well as external parties such as regulators and auditors.
• Handle special ad-hoc Actuarial projects as and when required.

Job Requirements

• Degree holder in Actuarial Science and with good progress in Actuarial exams.
• Minimum 4 years of working experience in actuarial field.
• Prior experience in Valuation, Embedded Value reporting, business planning and/or Corporate Actuarial is preferred.
• 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.

Job Description

• Preparation of embedded value (TEV basis and MCEV basis) reporting and analysis of surplus arising.
• Preparation of annual business planning exercise, analysis of potential surplus arising and making recommendations.
• Preparation and analysis of economic capital reporting.
• Conducting experience studies and making recommendations considering plausible future development.
• Preparation and analysis of reinsurance related reporting including reinsurance treaty/addendum review.
• Manage model governance and validation in accordance with internal policy which includes reviewing procedures to maintain model integrity and appropriate model documentation.
• Manage enhancement and modification of the Prophet system, ensuring accuracy and consistency of the results produced, and modifications are well documented including new products modelling and enhancements for reporting and capital frameworks such as IFRS17, RBC2, ECAP and MCEV.
• Ensure quality and timely completion of core deliverables.
• Provide technical support to internal as well as external parties such as regulators and auditors.
• Handle special ad-hoc Actuarial projects as and when required.

Job Requirements

• Degree holder in Actuarial Science and with good progress in Actuarial exams.
• At least 8 years of working experience in actuarial field.
• Prior experience in Valuation, Embedded Value reporting, business planning and/or Corporate Actuarial is preferred.
• 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.