Total 2 admin executive job vacancies in Science / R&D / Research category in Tanglin Road, Central Singapore

At Income Insurance Limited, our Actuarial team is dedicated to driving exponential value and fostering a culture of continuous learning and innovation. We play a pivotal role in the company’s enterprise-wide digitalization and data initiatives, influencing strategic decisions that shape the future of insurance solutions.

As an Executive you will be an integral part of our Actuarial Department’s Capital Management team. This role offers an exciting opportunity to learn about and contribute to reporting under the Risk Based Capital 2 (“RBC2”) Framework. You will also collaborate with cross-functional teams to ensure regulatory compliance.

This role will be an integral team member within the Capital Management team in the Actuarial Department. The key responsibilities include:

• Assist in the preparation of regulatory reporting filings and reports.
• Participate in capital management activities, including solvency reporting and stress testing.
• Actively adopt actuarial and data analytic tools to design process, and automation to enhance efficiency and accuracy.
• Design new or improve existing risk controls to enhance governance and mitigate risks within the actuarial function.
• Collaborate with cross-functional teams to enhance the overall reporting process and ensure compliance with regulatory requirements.

The individual is expected to be able to be adaptable as well as open to a dynamic working environment. The candidate is expected to have the following qualities:

• 1 - 2 years of experience working in a life insurance function within an actuarial capacity preferred, fresh graduates with relevant coursework or internships are encouraged to apply.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or related field with good progress in actuarial credentials (e.g. ASA, AIA, AFA) from a recognized international actuarial body
• Demonstrated ability in critical thinking, problem solving and decision making
• Excellent communication skills with the ability to present complex information clearly and concisely
• Detail oriented with a commitment to accuracy and quality
• Strong teamwork and collaboration skills
• Willingness to adapt to changes in the working environment and explore innovative approaches to tasks and challenges.

Income's Actuarial team has been at the forefront of digitisation, innovation, and embracing the future of work. As today's business problem becoming more complex and uncertain, we acknowledge the importance of being adaptable and open to learning in solving the right problem. We adopted agile and design-thinking principles in delivering our projects at work and play a key role in enabling the organization strategic goals.

This role will expose you to how Actuarial could take customer-centric perspectives and iterative prototyping approach to solve complex problem more effectively. You will also get to apply new technology and data analytics to automate actuarial work as well as providing impactful insights to our business partners.

We are looking for a team player within the financial reporting team with the following key responsibilities:

· Key player in Par fund management including bonus investigation and recommendation, asset share study, bonus implementation and the review of Par fund management framework

· Assist team lead in Par fund related initiatives and projects

· The role will provide first hand exposure to chief actuary as well as opportunities to enhance actuarial technical knowledge and play a key role in adopting new technologies

· Participate in ad-hoc projects and tasks based on department priorities

· Ensure deliveries follows the department's best practice on risk and compliance

Requirements

· Good progress in actuarial qualifications with either US, UK, or Australia Actuarial Institute or newly qualified actuary, with at least 4 to 6 years of work experience in actuarial function, with exposure to financial reporting

· Technical, meticulous and able to apply critical thinking

· Excellent communication skills, both oral and written

· Able to work independently and collaborate with other team members and departments

· Adaptable, open to a dynamic working environment and willing to explore new ways of working

· Experience in Par fund management will be an advantage

· Experience in using Prophet and data software such as Alteryx will be a plus