Location: Shenton Way

5 days work week

Salary: $3,000 - $3,800 (based on experience)

Responsibilities:

• Reconcile, prepare, and analyze data for reinsurance policy renewals.
• Perform catastrophe modeling and prepare analytical reports.
• Analyze insurance portfolios and optimize reinsurance structures using Dynamic Financial Analysis (DFA) and catastrophe modeling tools.
• Prepare presentation reports to explain analytical results and recommendations to clients.
• Develop and enhance training materials related to analytics and actuarial work, and conduct client training sessions.
• Develop and maintain internal models, templates, and benchmarks.
• Perform any other duties as assigned.

Requirements:

• Degree in Actuarial Science, Mathematics, Statistics, or related fields.
• Preferably some experience in the reinsurance/insurance industry in analytical or actuarial roles.
• Strong computer skills, particularly in MS Office (Excel and PowerPoint). Experience with MS Access, SQL, and VBA is a plus.
• Excellent analytical and communication skills.
• Ability to work independently and as part of a team.

Interested applicants, please email your resume to [email protected]

Tan Li Lian

EA 01C3135

Reg R1100465

SCOR is a tier one leading global reinsurer in Property & Casualty (P&C) and Life & Health (L&H), executing an underwriting policy focused on profitability, developing value-added services, and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security. The Group has a global reach allowing it to serve the interests of all its clients as effectively as possible. The P&C and L&H sectors provide a diversification benefit and contribute in equal measure to the Group's success, providing it with stability and lowering volatility.

The Actuarial Analyst will serve as a member of the APAC P&C Actuarial Reserving team and part of the Global P&C Reserving department within the Finance domain.

The Global P&C Reserving department manages and oversees activities in all its dimensions (Reserving and resilience strategy, modelling excellence and risk assessment cycles, quarterly performance analysis, governance and regulatory activities, feedback loop with P&C stakeholders, Reserving quarterly and annual process reengineering, Reserving community coordination, RECP and global initiatives). The department works closely with the broader Finance functions, Group Actuarial, Risk Management and the P&C Business functions (Pricing and Modelling, Claims, Underwriting).

The APAC P&C Reserving team is based in SCOR’s offices in Singapore, Sydney and Beijing and Seoul covers Property & Casualty Reinsurance and Specialty Business Solutions insurance business. This includes business written in c.30 countries and 7 legal entities in the region. We are a diverse and engaged team, providing expert actuarial analysis and insight for our stakeholders. The department is lead by the Head of P&C Actuarial for Asia Pacific.

The Actuarial Analyst will provide insightful projections of reserve balances in a collaborative environment. They will work closely with Finance, Claims, Pricing, and Underwriting business partners to deliver best-in-class reserve estimates and associated insights. They will ensure accuracy in the quarter close balances under all applicable accounting standards (Local GAAP, Solvency II, IFRS17) and will seek to assist in driving process improvements and efficiencies.

Key duties and responsibilities

• Support the quarterly reserving process, including the review of current internal processes and assessment of required improvements to gain efficiency.
• Assist the team with the annual reserve review and other reserving related tasks, such as CoVs and risk margins calculations.
• Assist with the preparation of regulatory reports.
• Data reviews and harmonisation and creation of ad hoc reports as required by the team/business.
• Supporting the team to execute on the implementation of new models and technologies.
• Collaborate with Accounting and Technical Closing, Underwriting, Claims, and Actuarial Pricing to develop / deliver well-rounded reserve estimates that provide business insights.
• Collaborate with the global P&C Reserving department and with SCOR Group Actuarial to improve actuarial practices within the Global P&C Reserving community
• Perform “deep dive” risk analyses / line of business studies as required.

Required experience & competencies

• A least 2 years of experience in pricing or reserving in an actuarial department of a Property & Casualty insurance / reinsurance / consulting company.
• Bachelors degree, preferably in Actuarial Science, Mathematics, Statistics, or similar
• Knowledge of / experience with IFRS 17 and statutory/regulatory work in Asia-Pacific is a plus.
• Knowledge of ResQ and IBM Business Object is a plus.
• Experience with (re)insurance concepts with a preference to commercial lines of business.
• Demonstrated ability to present results to internal and external audiences.
• Ability to develop / maintain professional relationships across functional areas such as Claims, Underwriting, Financial Accounting, Actuarial Pricing.
• Demonstrated ability to understand numbers, analyze drivers of change, and develop actionable insights for business partners.
• Passionate about process enhancement with an eagerness to implement new approaches that improve the overall reserving product and drive efficiencies.
• Enjoys being a team player, sharing knowledge and collaborating to achieve team goals.
• Advanced Microsoft Office skills, especially Excel and PowerPoint
• Exposure to programming tools and languages such as VBA, R, or Python as well as AI
• Exposure to Tableau or other data visualisation tools is a plus

Overall Purpose of the Job

To provide high quality and timely analytical services for both treaty and facultative lines business. This includes reserving, commutation valuation, model development, segmentation analysis and other ad hoc actuarial projects.

Perform other actuarially related work as required and carry out quantitative analysis to support decision making.

Reporting Relations

Reports To : Head, Actuarial

Direct Reports : N.A.

Specific Responsibilities

· Perform analyses to support monthly & quarterly reserving, which include data preparation, updating calculation worksheets, evaluating loss ratio trends, analyzing claims development, mix of business shifts, reserve adequacy.

· Support the preparation of presentation slides for the reserving committee meeting and management reporting; preparation of the meeting minutes for the reserving committee meeting.

· Perform commutation valuation and other actuarial studies, such as risk based capital calculation, asset liability management.

· Gain knowledge about company operations, systems and actuarial methodologies. Actively participate, contribute to and prepare for / adjust to changes in the operating environment in relation to the integration of systems and management of data and data reporting;

· Any other related duties as assigned, such as support on IFRS17, M&A valuation, special portfolio review, etc.

Required Skills / Work Experience

· Fresh Graduates Welcome to Apply

· Attention to detail and high level prioritising skills in order to meet agreed timeframes;

· Outstanding ability to communicate effectively with people across a range of disciplines;

· The ability to work independently on specified projects;

· Advanced Microsoft Excel and Access, including the ability to analyse large volumes of data;

· Asian language skills preferred.

Required Qualifications

· Degree in quantitative discipline (Econometrics, Actuarial Science, Applied Math and Statistics, Engineering, Mathematical Finance or equivalent)

· In pursuit of actuarial qualification. (e.g. Follow of Society of Actuaries, Fellow of Institute of Actuaries)

About Risk Management

We live in turbulent and uncertain times, and Swiss Re’s vision of making the world more resilient through both our investment and our business activities is needed now more than ever. Risk Management is uniquely positioned to help make Swiss Re itself more resilient, enriching risk taking by using our accumulated risk knowledge, perspective, and experience. We help identify risks worth taking as well as steer away from risks that could destabilise the business. We deliver accurate valuations of the business to ensure appropriate reserves are available as well as providing in depth views on how business is performing. In other words, we help ensure the profitability of Swiss Re so that we’re around long-term to honour our promises.

About the Team

L&H Valuation forms part of the L&H Chief Risk Officer unit. The teams are accountable for independent valuation of Swiss Re's L&H business globally, with US GAAP reserves of more than USD20bn.

The L&H Valuation and Analysis Team is responsible for the production and analysis of quarterly and annual reserves for the Life & Health Reinsurance business written by Swiss Re. This includes business written across the world and covers all the lines of business that fall into L&H – mortality, CI, DI, longevity, as well as additional 'complex' products such as those with financial risk.

As well as production of the numbers, the team is responsible for ensuring timely and accurate information is fed back to the market units to ensure proactive decisions are taken to steer the L&H business in the best possible way

About the Role (Contract duration: 1.5 years)

This role is a key contributor to the development and implementation of processes for the International Financial Reporting Standard ("IFRS") 17 accounting standards for the Asia business.

Your main responsibilities will include implementation of IFRS reporting, including quantification of impacts, process set up, documentation and handover. Additionally, you will contribute to development and provision of the training process for the Asia actuarial team for IFRS17 reporting.

The key activities of the L&H Valuation team that you will be primarily responsible include:

• Support the production/review of the balance sheet and earnings under IFRS17
• Contributing to the establishment of a new IFRS17 end-to-end reporting process.
• Assisting in review and comment on global IFRS17 implementation approach in various areas.
• Support IFRS17 training and engage Actuarial team to prepare for the implementation. Understand the impact to earnings and balance sheet and provide insight to management
• Communicate the issues/challenges with senior actuaries or stakeholders on time
• Ad hoc assistance when needed for quarterly reserving and reporting processes of Asia business
• Assist in in-force data quality and proper determination of policy liabilities for Singapore Statutory

About You

• Strong knowledge and working experience in L&H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role;
• At least 3+ years of L&H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy;
• Attained or close to attaining fellowship in actuarial examinations;
• Excellent interpersonal, communication, organisational skills;
• Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;
• A good understanding of IFRS 17 and MCEV. Knowledge in Singapore local reserving standard would be considered an advantage;
• Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Job Description

• Responsible in providing assistance to the valuation and other reporting requirements in the Actuarial Department to support business needs.
• Supports the computing of reserves and capital requirements for solvency monitoring.
• Perform valuation projects assigned which may involve solvency, balance sheet and profit & loss management etc.
• Support new product assessment, including but not limited to reserving/solvency bases review, valuation modelling requirements etc.
• Responsible for maintaining local Model Governance standards as per company guidelines.
• Work closely with the group office and external Actuarial consultants, ensuring adherence to the company guidelines and statutory regulations.

Job Requirement

• Degree holder in a relevant discipline in Actuarial studies, with good progress in actuarial exams.
• With 2 years and above of Actuarial experience.
• Excellent communication skills, both written and spoken.
• Good technical, analytical, and problem-solving skills.
• Team player with good interpersonal skills and positive attitude.
• Hands-on experience in Prophet is a plus.

We respect your privacy and all communication will be treated with confidentiality. If you wish to know more about this position or explore other roles, please prepare your updated profile and get in touch with [email protected] | Personnel Reg No.: R1105160 | EA License: 02C3423

Please note that your response to this advertisement and communications with us pursuant to this advertisement will constitute informed consent to the collection, use and/or disclosure of personal data by Manpower for the purpose of carrying out its business, in compliance with the relevant provisions of the Personal Data Protection Act 2012. To learn more about ManpowerGroup's Global Privacy Policy, please visit https://www.manpower.com.sg/privacy-policy

Our client, a leading life insurer, is seeking outstanding individuals to join their Valuation, Par Fund Management team.

Responsibilities:

As part of this team, you will:

• Par Fund Management: Play a pivotal role in overseeing tasks such as bonus investigation and recommendation, asset share analysis, bonus implementation, and framework review.
• Execute DCS and Prophet coding and model testing
• Perform experience studies and actuarial investigations
• Provide valuable support to the team lead on Par fund-related initiatives and projects, ensuring their successful execution.

Our client is looking for candidates who possess:

• Life Valuation Experience: 4 to 6 years of relevant experience. Experience in Par Fund Management and RBC2 is a strong advantage.
• Familiarity with Prophet software
• Strong analytical skills and a can-do attitude

If you're ready to take your Actuarial career to the next level and be part of a dynamic team, don't hesitate! Apply now or reach out to Desiree at [email protected] to learn more!

The Opportunity

• This is an exciting opportunity to work for one of the leading financial organizations.
• It is an opportunity for an experienced Actuarial Analyst - Experience Studies to join their team

The Job

• Responsible for supporting experience monitoring, assumption setting, impact/sensitivity testing in the Actuarial Services Department to support business needs.
• Support the monthly and quarterly delivery of management information for internal stakeholders.
• Support in ad-hoc actuarial projects and onboarding of new products.
• Responsible for maintaining local Model Governance standards as per bank's guidelines.
• Work closely with the group office and external Actuarial consultants, ensuring adherence to the bank's guidelines and statutory regulations.

The Talent

• Minimally 2 years of relevant Actuarial experience
• Hands-on experience in Prophet is a plus
• Excellent communication skills, both written and spoken
• Good technical, analytical and problem solving skills

Next Steps

• Drop your resume and contact us to follow-up, or send your resume to [email protected]
• Email Topic: Apply Actuarial Analyst - Experience Studies
• Only shortlisted candidates will be contacted

Cecilia Sim Xin Yang

Personnel Registration No. R22105099

EA Licence No.91C2918

Job Title: Actuarial Analyst

Location: Mapletree Business City, Singapore

Job Type: Full-Time

About Us:

Deegit Asia Pte Ltd is a leading IT Consulting Company dedicated to delivering innovative solutions and exceptional service to our clients. We are seeking an experienced Actuarial Analyst to join our team and contribute to our ongoing success.

Job Description:

As an Actuarial Analyst, you will be responsible for analyzing statistical data, calculating risks, and developing models to inform business decisions. You will work closely with our actuarial and finance teams to ensure accurate and reliable risk assessments and financial projections.

Technical Responsibilities

- Conversion of existing Python scripts (in AWS) specific to Life and Health Actuarial teams to Google Big Query SQL

- Testing of the rewritten Big Query SQL logic and sign-off, upon alignment with HSBC Actuarial teams

- Document the requirement, ETL logic, testing plan and test results

Business Responsibilities

- Work closely with finance and actuarial team enterprise architecture team, application development team to understand the applications workflow and requirement, integration pattern with finance cloud platform

- Conduct business analysis by eliciting, interpreting and analyzing the requirements from actuarial teams and producing specification of actuarial metrics & analysis

- Act as main liaison between business/actuarial teams and technical delivery team to drive realization of actuarial processes into proper execution, change management and BAU activities

- Create and maintain accurate and up to date documentations

- Support the migration of pricing tools in terms of technical accuracy and efficiency

- Support the actuarial control cycle through assisting the valuation team in the reserving exercise and strategic planning exercise

- Provide monitoring updates on profitability trends to senior stakeholders. This includes inflation studies, actual vsexpected studies for all products, understanding the key profitability/loss drivers and providing recommendations

Skills Requirement

- Must have high technical proficiency with Python and Google Big Query SQL skills

- Present actuarial recommendations and reports to senior management, effectively translate complex actuarial codes in a clear and concise manner

- Highly experienced within Life or Health Insurance domain, preferably within 2-3 years’ experience

- Business Intelligence/Data Warehousing/ETL experience

- Excellent analytical skills, with the ability to analyze complex data sets and derive actionable insights.

- Detail-oriented mindset, focusing on accuracy and precision in actuarial calculations and analyses.

What We Offer:

- Competitive salary and benefits package.

- Opportunities for professional growth and development.

- Collaborative and inclusive work environment.

- Work-life balance

- Engaging projects that make a significant impact.

How to Apply:

If you are a talented Actuarial Analyst with a passion for transforming data into valuable insights, we would love to hear from you! Please send your resume and a cover letter highlighting your relevant experience to [email protected] or apply online.

Deegit Asia Pte Ltd is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Etiqa Insurance Singapore is looking for a dynamic individual to join our valuation team. Do you have what it takes?

Are you:

• Passionate about working with people?
• A creative thinker with a positive attitude & outlook?
• A strong dynamic communicator able to collaborate effectively?
• Willing to learn, adapt & grow in a fast paced work environment?

WANT TO MAKE A DIFFERENCE?

This exciting proposition allows you to work with Etiqa, a leader in the insurance sector, optimizing your unique skill set, and getting onboard our journey towards “Making The World A Better Place”.

RESPONSIBILITIES

• Responsible for IFRS17 monthly closing
• Assists in audit request for IFRS17 reporting
• Works closely with various stakeholders to deliver the annual business plan including the projection and tracking of key performance indicators such as CAR, PBT
• Supports company initiatives such as capital management and Strategic Asset Allocation review

REQUIREMENTS

• Degree in Actuarial Science, Mathematics or Statistics
• Responsible, meticulous
• At least 3 years of Actuarial working experience
• Familiar with RBC framework and Prophet
• Knowledge of IFRS17 is a plus
• Good progress in actuarial exams

Etiqa is looking for a dynamic individual to join our team. Do you have what it takes?

Are you:

• Passionate about working with people?
• A creative thinker with a positive attitude & outlook?
• A strong dynamic communicator able to collaborate effectively?
• Willing to learn, adapt & grow in a fast paced work environment?

WANT TO MAKE A DIFFERENCE?

This exciting proposition allows you to work with Etiqa, a leader in the insurance sector, optimizing your unique skill set, and getting onboard our journey towards “Making The World A Better Place”

Job Description

• To support and actively participate in product pricing, campaign initiatives and implementing products to add value to the Company
• Involve/ assist in product pricing, marketing materials review work, product filing, and reinsurance negotiation
• Provide support in product implementation tasks, such as ensuring accurate system setup and timely product launch
• Assist in any ad-hoc projects that support the Company/ Department’s initiatives

Requirements

• Minimum Degree level in Actuarial Science
• Good progress in actuarial exams from a recognized international actuarial body
• Has good command in MS Excel, Word, PowerPoint.

Our client, a leading global insurer, is seeking talented Actuarial Analysts to join their dynamic GI & Health Actuarial team on a 1-year contract basis (convertible!). This is a unique opportunity for you to drive your actuarial expertise forward, with a strong potential for conversion to a permanent role for exceptional performers.

Key Responsibilities

As part of the GI & Health Actuarial team, you will:

• Execute Various Actuarial Tasks: IFRS17 implementation, reviewing actuarial assumptions for reserving, preparing data used for financial reporting, and business planning through data analysis and insights.. & more!
• Conversion and Optimization: Lead the efforts in converting existing Python scripts and processes to Google Big Query SQL, optimizing for performance and scalability.
• Participate in System Migration Projects: Contribute to the seamless migration of data from legacy systems to new platforms, ensuring data integrity and consistency throughout the transition.

Qualifications:

The ideal candidate should possess:

• Experience: At least 1 year of relevant P&C / Health insurance experience
• Technical Skills: Proficiency in Python and Google Big Query SQL. Strong technical aptitude and the ability to adapt to new tools and technologies
• Data-savvy and excellent problem-solving skills
• Flexibility: Candidates with shorter notice periods are preferred for smoother onboarding and integration

If you're ready to take on your next challenge and contribute to meaningful projects within the insurance industry, seize this opportunity! Apply now or reach out to Desiree at [email protected] to learn more!

Our client, a leading life insurer, is seeking talented individuals to join their Life Pricing team on a 1-year contract (extendable) basis. This opportunity comes with competitive compensation and the potential for conversion for exceptional performers!

Responsibilities:

• Pricing: Engage in end-to-end product pricing and implementation processes. This includes supporting pricing managers with tasks such as profitability testing, assumption settings, User Acceptance Testing (UAT), and more.

Qualifications:

Our client is looking for candidates who possess:

• Actuarial Experience: A minimum of 1 year of experience in a pricing role. They have openings available across different levels of seniority to accommodate varying experience levels.
• Technical Skills: Proficiency in Prophet and VBA is highly preferred. Experience with these tools will enable you to excel in your role from day one.
• Flexibility: Shorter notice periods will be advantageous, allowing for smoother onboarding and integration into the teams.
• Singaporeans/PR highly preferred!

If you're ready to take your actuarial career to the next level and contribute to meaningful projects within the insurance industry, don't hesitate! Apply now or reach out to Desiree at [email protected] to learn more!

Responsibilities:

• Work with a multitude of internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial and insurance-related tasks and projects.
• Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc) to manage the insurance schemes.
• Operationalise regulatory framework and industry best practices for insurance schemes.
• Conduct research on actuarial approaches relevant for all insurance schemes.
• Leverage on data analytics to conduct actuarial analyses to support benefiting consumers.

Requirements:

• At least 3 to 6 years of actuarial experience with robust technical, analytical, and problem-solving skills.
• Good knowledge of actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.
• Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.
• Good understanding of the current regulatory framework and industry practices.
• Effective communication and stakeholder management skills.
• A strong passion for delivering high-quality work and devising solutions for challenging industry issues.
• Good progress in professional actuarial qualifications is preferred.

We apologize that only shortlisted candidates will be contacted. Thank you

By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates collecting, using and disclosing my personal data for the purposes set out in the Privacy Policy which is available at www.persolkelly.com.sg I also acknowledge that I have read, understood, and agree to the said Privacy Policy.

PERSOLKELLY Singapore Pte Ltd • RCB No. 200007268E

EA Registration No. R1653100 (Goh Jia Zhen Crystal)

Responsibilities:

• Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc) to manage the insurance schemes.
• Work with internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial and insurance-related tasks and projects.
• Conduct research on actuarial approaches relevant for all insurance schemes.
• Utilize data analytics to conduct actuarial analyses to support benefiting consumers.
• Implement regulatory framework and industry best practices for insurance schemes.

Requirements::

• At least 3 years of actuarial experience with robust technical, analytical, and problem-solving skills.
• Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.
• Good understanding of the current regulatory framework and industry practices.
• Effective communication and stakeholder management skills.
• Knowledgeable on actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.
• A strong passion for delivering high-quality work and devising solutions for challenging industry issues.
• Good progress in professional actuarial qualifications is preferred.

We apologize that only shortlisted candidates will be contacted. Thank you

By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates collecting, using and disclosing my personal data for the purposes set out in the Privacy Policy which is available at www.persolkelly.com.sg I also acknowledge that I have read, understood, and agree to the said Privacy Policy.

PERSOLKELLY Singapore Pte Ltd • RCB No. 200007268E

EA Registration No. R24119847 (KENNETH NG JING LONG)

We are seeking an Actuarial Analyst to join our dynamic, fast growing APAC Reserving team. The role will be based in our Singapore office. The job holder will be a key contributor to different reserving related activities across the APAC L&H business. 

About the team:

The direct team is made up of 12 employees based between the Singapore and Hong Kong Offices and is part of a larger global team based in the main offices internationally.

Key Skills:

• Working as part of the reserving team in performing actuarial valuation of APAC L&H business under various bases (including USGAAP, Solvency II, IFRS17, Local Statutory)
• Preparing the quarterly APAC result review and reporting
• Maintaining documentation of methodologies, processes, procedures, controls and results
• Setting up and maintaining valuation models for responsible LOBs
• Supporting the continue enhancement in processes and controls
• Assisting the Experience Analysis Actuary in performing experience studies to review key actuarial assumptions.
• Developing technical knowledge (product, assumptions, regulation, industry trends) and becoming an expert within the Reserving team
• Providing valuation insights of the industry to various teams (e.g. client partners, claims manager)
• Working with the Operation team to define data requirements
• Supporting the APAC Chief Actuary in ad-hoc projects

Who we are:

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital Management.

Why join:

Everest Insurance International (EII) is a fast-growing division of Everest Insurance and part of a global group. EII consists of Everest Insurance (Ireland) DAC (EIID), Everest Syndicate 2786, Everest Insurance Singapore, LatAm branches and on-going expansion.

It is an exciting time and an excellent opportunity to be joining EII during this expansion, which covers top line growth, products and increased geographies (across Europe, Asia & Pacific and LatAm). The Actuarial Function (Reserving and Capital) is instrumental in supporting this growth and longer-term ambitions, with on-going investment and wider Group collaboration in continuing to support a best-in-class actuarial set up and value-add proposition to the business.

This role will be highly visible to the Asia Pac business and involve regular interactions across a broad range of stakeholders as the day-to-day actuarial business partner and local regulatory key contact.

A key focus will be on continuing to establish and embed the Asia Pac actuarial capabilities, maintaining synergies within the EII actuarial centre of excellence (models and frameworks). The successful candidate will work with autonomy in a supportive and encouraging environment. This will be suitable to someone looking to be empowered to take on ownership, make a tangible impact with the business and who enjoys collaborating with others.

The way EII is structured provides ample opportunity to make a tangible impact on the day-to-day and future direction of the actuarial department, and personally play a critical role in influencing, establishing, and growing the EII actuarial capabilities.

As a key member of the actuarial team, you will be required to lead multiple deliverables, interactions and propose initiatives for future enhancements to drive forward.

Key Accountabilities:

• Quarterly reviews of reserves in respect of business written across international platforms
• Setting of key actuarial assumptions and methods for both GAAP
• Undertake regular portfolio analysis of classes, understanding business nuances and making use of appropriate local and wider Group benchmarks
• Manage and lead reserving co-ordination and discussions with underwriting, pricing, claims, finance and reinsurance to improve underwriting results
• Timely delivery and communication of results
• Continuously collaborate and improve analysis and MI across stakeholders to ensure it is at the forefront of the industry in-order to maintain commercial advantage
• Lead the external actuarial opinion engagement for year-end reporting
• Lead the EIS ORSA process for actuarial
• IFRS17 actuarial inputs and review of the EIS local reporting. Support the Chief Reserving Actuary in developing a strategic state IFRS17 reporting capability as part of the wider Group initiatives, making use of robust, automated datasets from the actuarial and Data Lake repositories.
• Develop and comply appropriate controls over model inputs, parameters, judgments and outputs
• As International continues to grow and evolve, the successful applicant will be heavily involved in the wider actuarial team’s journey and evolution to deliver quality tools and insights, which include:

- Identifying, planning and leading the execution of future enhancements to the reserving and capital modelling tools, approaches and add-value proposition

- Modelling and coordinating inputs to parameter updates

- Enhancing the monitoring, MI and communication of key risks

- Ensuring best practice and compliance with all applicable regulatory requirements

- Key stakeholders include finance, actuarial, claims, underwriting, pricing and senior management, group capital management, external audit and actuarial, MAS and APRA.

- This role will be highly visible and integrated as part of the wider actuarial team, with an emphasis to collaborate, learn and contribute across the functions and business.

Professional Experience:

• Qualified Fellow of the Institute and Faculty of Actuaries (FIA) or similar
• Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business or a similar field
• In-depth P&C knowledge and experience of GI reserving and capital modelling approaches

Skills & Abilities

• Detailed knowledge of European and APAC market practices, modelling and datasets to support best in class developments and collaboration within the EII actuarial centre of excellence
• Excellent IT skills, MS Excel, SQL, Power BI and ResQ
• Strong reserve and reserve risk modelling
• In-depth standard formula modelling expertise (Singapore and EIOPA)
• Proven experience and success of actuarial transformation project delivery
• IFR17 knowledge and project delivery
• Excellent organisational skills and a strong attention to detail
• Ability to simply communicate modelling process and results with internal and external stakeholders, both verbally and through reports or presentations
• Curious mind and self-starter. A flexible and enthusiastic approach to work with a strong appetite to network, learn and develop.

Competencies:

• The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership
• The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers
• The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.

About the company
This is an expansion role with our client who is seeking experienced life actuaries to manage the annuity portfolio.

About the job
Collaborate with various internal and external stakeholders, including consultants, government entities, to address actuarial related projects. Develop and refine actuarial processes and work-flows, including modelling, valuation, experience studies, risk monitoring, etc. Implement regulatory frameworks and industry standards for the business. Conduct research on actuarial methodologies, and utilize data analytics for actuarial analysis and supporting actuarial initiatives.

Skills and experience required
Degree in Actuarial Science with good progression in actuarial examinations with a recognised actuarial body, and has at least 3 years of actuarial work experience in the life insurance industry. You should possess good understanding of local regulatory framework, good analytical and problem solving skills. In order to succeed, you should posses excellent communication and stakeholder management skills.

To apply online please use the 'apply' function, alternatively you may contact Lynette Lim.

(EA: 94C3609/ R1435181 )

As a Senior Actuarial Analyst in the Department, you will:

• Work with a multitude of internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial and insurance-related tasks and projects.
• Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc) to manage the CPFB insurance schemes.
• Operationalise regulatory framework and industry best practices for CPFB insurance schemes.
• Conduct research on actuarial approaches relevant for CPFB insurance schemes.
• Leverage on data analytics to conduct actuarial analyses to support the Board’s initiatives to benefit CPF members.

What we are looking for

• At least 3 years of actuarial experience with robust technical, analytical, and problem-solving skills.
• Good knowledge of actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.
• Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.
• Good understanding of the current regulatory framework and industry practices.
• Effective communication and stakeholder management skills.
• A strong passion for delivering high-quality work and devising solutions for challenging industry issues.
• Good progress in professional actuarial qualifications is preferred.

Seniority of appointment will commensurate with relevant work experience.

What you can expect

• A challenging and rewarding career
• A variety of formal and informal training to enhance your skills in the evolving technology landscape
• Promotion opportunities based on your capability and on-the-job performance
• A friendly work environment with like-minded colleagues to co-create and collaborate together
• A hybrid work model allowing remote work for up to 50% of the time, contingent upon the exigencies of service
• A productive yet growth-oriented workplace with a flexible dress code empowering you to decide your appropriate outfit for the day
• A comprehensive rewards package
• Annual leave and pro-family leave
• Medical and dental benefits
• Access to recreational activities
• Position is on 2-year full time contract directly under the payroll of CPF Board with potential for emplacement into permanent position.

Responsibilities

• Work with a multitude of internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial tasks and projects.

• Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc)

• Operationalise regulatory framework and industry best practices

• Conduct research on actuarial approaches

• Leverage on data analytics to conduct actuarial analyses

Requirements

• Degree holder with At least 3 to 6 years of actuarial experience with robust technical, analytical, and problem-solving skills.

• Good knowledge of actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.

• Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.

• Good understanding of the current regulatory framework and industry practices.

• Effective communication and stakeholder management skills.

• A strong passion for delivering high-quality work and devising solutions for challenging industry issues.

• Good progress in professional actuarial qualifications is preferred.

Licence No: 12C6060

Avensys is a reputed global IT professional services company headquartered in Singapore. Our service spectrum includes enterprise solution consulting, business intelligence, business process automation and managed services. Given our decade of success, we have evolved to become one of the top trusted providers in Singapore and service a client base across banking and financial services, insurance, information technology, healthcare, retail and supply chain.

We are currently looking for Senior / Lead Actuarial Analyst has proven track record in IT Industry. This is an exciting opportunity to expand your skill set, achieve job satisfaction and work-life balance. More details as below.

Responsibilities:

1. Work with a multitude of internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial and insurance-related tasks and projects.

2. Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc) to manage insurance schemes.

3. Operationalise regulatory framework and industry best practices for insurance schemes.

4. Conduct research on actuarial approaches relevant for insurance schemes.

5. Leverage on data analytics to conduct actuarial analyses to support the Board’s initiatives to benefit members.

What we are looking for:

1. At least 3 to 6 years of actuarial experience with robust technical, analytical, and problem-solving skills.

2. Good knowledge of actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.

3. Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.

4. Good understanding of the current regulatory framework and industry practices.

5. Effective communication and stakeholder management skills.

6. A strong passion for delivering high-quality work and devising solutions for challenging industry issues.

7. Good progress in professional actuarial qualifications is preferred.

WHAT’S ON OFFER

You will be remunerated with an excellent base salary and entitled to attractive company benefits. Additionally, you will get the opportunity to enjoy a fun and collaborative work environment, alongside a strong career progression.

To submit your application, please apply online or email your UPDATED CV in Microsoft Word format to [email protected] . Your interest will be treated with strict confidentiality.

CONSULTANT DETAILS:

Consultant Name : Swati Jaiswal

Avensys Consulting Pte Ltd

EA Licence 12C5759

Privacy Statement:

We take your personal data protection seriously and adhere to both EU and local data protction regulations.

Upon submission of your CV, you grant Avensys Consulting permission to retain your personal information in our electronic database, unless you specify otherwise. This data will be used to evaluate your suitability for current and potential job openings within our organization. Should you wish to have your personal data removed at any point, a simple notification to us will suffice.

Rest assured, we will not disclose your personal information to any third parties, and we remain steadfast in our commitment to providing equal opportunities to all applicants.

We are looking for a professional to drive actuarial excellence in managing the insurance schemes. Collaborate with various stakeholders, from consultants to government agencies, to enhance processes and ensure regulatory compliance.

Mandatory Skill-set

• Possess 3 to 6 years of actuarial experience with strong technical, analytical, and problem-solving abilities;
• Demonstrated knowledge of actuarial principles, methods, and practices, with a proven ability to apply them in a business context;
• Proficiency in utilizing FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming, such as Python and Power BI;
• Comprehensive understanding of the current regulatory framework and industry standards;
• Effective communication and stakeholder management capabilities;
• Exhibit a passion for delivering high-quality work and devising solutions for complex industry challenges;

Desired Skill-set

• Making progress in professional actuarial qualifications.

Responsibilities

• Collaborate with a diverse range of internal and external stakeholders, including consultants, industry workgroups, and government ministries/agencies, to execute actuarial and insurance-related tasks and projects;
• Lead the setup and continuous enhancement of actuarial processes and workflow, encompassing modelling, valuation, experience studies, key risk monitoring, and pricing analysis, to effectively manage insurance schemes;
• Operationalize regulatory frameworks and industry best practices to ensure compliance and optimize the performance;
• Conduct research to explore actuarial approaches relevant to insurance schemes, ensuring alignment with organizational objectives and industry trends;
• Utilize data analytics techniques to perform actuarial analyses that support the organization's initiatives aimed at benefiting clients and enhancing overall scheme performance.

Should you be interested in this career opportunity, please send in your updated resume to [email protected] at the earliest.

When you apply, you voluntarily consent to the disclosure, collection and use of your personal data for employment/recruitment and related purposes in accordance with the SCIENTE Group Privacy Policy, a copy of which is published at SCIENTE’s website (https://www.sciente.com/privacy-policy).

Confidentiality is assured, and only shortlisted candidates will be notified for interviews.

EA Licence No. 07C5639

Job Title : Actuarial Analyst

Job Type : Permanent

Job Responsibilities:

· Work on actuarial & insurance related projects with internal and external stakeholders.

· Facilitate the implementation of regulatory frameworks and industry best practices for insurance schemes.

· Set up and manage insurance schemes through an ongoing improvement of the actuarial processes and workflow covering modelling, valuation, experience studies, key risks monitoring, pricing analysis etc.

· To support the initiatives, use data analytics for performing actuarial analyses.

Job Requirements:

· Min 3 years of actuarial experience with strong analytical & problem-solving skills.

· Strong understanding actuarial principles, methods, and practices.

· Proficiency in FIS insurance risk suite and in data analytics/statistical programming (e.g., Python and Power BI).

· Knowledge of the existing regulatory framework and industry practices. Proficiency in managing stakeholders and communicating effectively.

If your skills & experience match the requirement, please share your updated CV in MS Word Format stating your current, expected salary details & availability at [email protected] to take it forward.

All Curriculum Vitaes will be treated with the strictest confidentiality. By sending us your personal data, you are deemed to consent to RMA Consultants Pte Ltd and its affiliates collecting, using and disclosing your personal data for the purposes set out in our Data Protection Policy at http://bit.ly/3GHgskn and Privacy Policy at http://bit.ly/3W63rp7.

Manisha Sharma

RMA Consultants Pte Ltd

EA License No 93C4403

EA Regn No R1872602

Job Description

Avensys is a reputed global IT professional services company headquartered in Singapore. Our service spectrum includes enterprise solution consulting, business intelligence, business process automation and managed services. Given our decade of success, we have evolved to become one of the top trusted providers in Singapore and service a client base across banking and financial services, insurance, information technology, healthcare, retail and supply chain.

We are currently looking for Senior / Lead Actuarial Analyst has proven track record in IT Industry. This is an exciting opportunity to expand your skill set, achieve job satisfaction and work-life balance. More details as below.

Senior / Lead Actuarial Analyst

1. Work with a multitude of internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial and insurance-related tasks and projects.

2. Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc) to manage the CPFB insurance schemes.

3. Operationalise regulatory framework and industry best practices for CPFB insurance schemes.

4. Conduct research on actuarial approaches relevant for CPFB insurance schemes.

5. Leverage on data analytics to conduct actuarial analyses to support the Board’s initiatives to benefit CPF members.

What we are looking for:

1. At least 3 to 6 years of actuarial experience with robust technical, analytical, and problem-solving skills.

2. Good knowledge of actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.

3. Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.

4. Good understanding of the current regulatory framework and industry practices.

5. Effective communication and stakeholder management skills.

6. A strong passion for delivering high-quality work and devising solutions for challenging industry issues.

7. Good progress in professional actuarial qualifications is preferred.

Seniority of appointment will commensurate with relevant work experience

WHAT’S ON OFFER

You will be remunerated with an excellent base salary and entitled to attractive company benefits. Additionally, you will get the opportunity to enjoy a fun and collaborative work environment, alongside a strong career progression.

To submit your application, please apply online or email your UPDATED CV in Microsoft Word format to [email protected] Your interest will be treated with strict confidentiality.

CONSULTANT DETAILS:

Consultant Name : Seema Verma

Avensys Consulting Pte Ltd

EA Licence 12C5759

Privacy Statement:

We take your personal data protection seriously and adhere to both EU and local data protction regulations.

Upon submission of your CV, you grant Avensys Consulting permission to retain your personal information in our electronic database, unless you specify otherwise. This data will be used to evaluate your suitability for current and potential job openings within our organization. Should you wish to have your personal data removed at any point, a simple notification to us will suffice.

Rest assured, we will not disclose your personal information to any third parties, and we remain steadfast in our commitment to providing equal opportunities to all applicants.

About the Client

Our client is a leading IT Company

Responsibilities

Highly experienced Senior Business Functional Analyst specializing in Insurance Actuarial Business Analysis with extensive experience spanning at least 7-10 years.

Candidate should possess profound expertise in pricing and actuarial functionalities within the insurance domain.

This role requires a deep understanding of actuarial principles, insurance products, and business processes to effectively bridge the gap between business requirements and technical solutions

Responsibilities:

Actuarial Expertise: Leverage comprehensive knowledge of actuarial principles, methodologies, and techniques to support pricing, reserving, and financial forecasting activities.

Business Analysis: Collaborate with stakeholders including actuaries, underwriters, product managers, and IT teams to elicit, analyze, and document business requirements.

Requirements Management: Manage and prioritize business requirements, ensuring alignment with organizational objectives and regulatory compliance.

Functional Design: Develop detailed functional specifications and user stories, translating business requirements into clear and concise deliverables for development teams.

Skills/Requirement

Bachelor's degree in Actuarial Science, Statistics, Finance, or related field.

Professional actuarial designation (e.g., ASA, FSA, ACAS) strongly preferred.

At least 7-10 years of strong on-ground experience in a business analysis role within the insurance industry, with a focus on actuarial functions and pricing.

In-depth understanding of insurance products, including life, health, general insurance and reinsurance.

Proficiency in actuarial software (e.g., Prophet, AXIS, MG-ALFA) and data analysis tools (e.g., SQL, R, Python).

Strong analytical and problem-solving skills, with the ability to manipulate and interpret complex data sets.

Excellent communication skills, with the ability to effectively convey technical concepts to non-technical stakeholders.

Proven track record of successful project delivery, including requirements gathering, solution design, and implementation.

Ability to work independently and collaboratively in a fast-paced, dynamic environment, managing multiple priorities and deadlines effectively.

Commitment to continuous learning and professional development, with a passion for driving innovation and process improvement in the insurance industry.

plate

Interested candidates, who wish to apply for the above position, please send in your resume to [email protected]

We regret to inform that only shortlisted candidates will be contacted.

PERSOLKELLY Singapore Pte Ltd EA License No. 01C4394 EA Reg No: R23118975 (ABDUL RAHMAN ANSARI RAJA)

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By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its local and overseas subsidiaries and affiliates collecting, using and disclosing your personal data to prospective employers/companies based in any country for purposes of evaluating suitability for employment, conducting reference checks, administering employment related services and such other purposes stated in our privacy policy. Our full privacy policy is available at www.persolkelly.com.sg. If you wish to withdraw your consent, please drop us an emailto let us know. Please feel free to contact us if you have any queries.

All parties involved in any form of workforce engagement are to strictly adhere to prevailing regulations and laws that govern local fair employment practices, and to invest reasonable efforts in building a strong Singaporean core workforce, recruit and select candidates based on merit and prohibit discrimination based on age, race, gender, religion, marital status and family responsibility or disability. For more information, please refer to MOM and TAFEP websites.

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Position: Actuarial Business Analyst

Duration: 12 Months (renewable )

Location: Singapore

Job description :

Highly experienced Senior Business Functional Analyst specializing in Insurance Actuarial Business Analysis with extensive experience spanning at least 7-10 years.
Candidate should possess profound expertise in pricing and actuarial functionalities within the insurance domain.

This role requires a deep understanding of actuarial principles, insurance products, and business processes to effectively bridge the gap between business requirements and technical solutions

Responsibilities:

• Actuarial Expertise: Leverage comprehensive knowledge of actuarial principles, methodologies, and techniques to support pricing, reserving, and financial forecasting activities.
• Business Analysis: Collaborate with stakeholders including actuaries, underwriters, product managers, and IT teams to elicit, analyze, and document business requirements.
• Requirements Management: Manage and prioritize business requirements, ensuring alignment with organizational objectives and regulatory compliance.
• Functional Design: Develop detailed functional specifications and user stories, translating business requirements into clear and concise deliverables for development teams.
• Data Analysis: Analyze large datasets to identify trends, patterns, and insights that inform pricing strategies and risk assessment.
• Solution Evaluation: Evaluate proposed solutions and enhancements, providing recommendations based on business impact, feasibility, and cost-benefit analysis.
• Stakeholder Communication: Facilitate communication between business stakeholders and technical teams, ensuring mutual understanding of requirements and expectations.
• Testing Support: Collaborate with quality assurance teams to define test cases, validate solution functionality, and support user acceptance testing.
• Training and Support: Provide training and support to end-users, ensuring smooth adoption of new systems and processes.
• Continuous Improvement: Stay abreast of industry trends, best practices, and emerging technologies, proactively identifying opportunities for process optimization and innovation.

Qualifications:

• Bachelor's degree in Actuarial Science, Statistics, Finance, or related field.
  Professional actuarial designation (e.g., ASA, FSA, ACAS) strongly preferred.
• At least 7-10 years of strong on-ground experience in a business analysis role within the insurance industry, with a focus on actuarial functions and pricing.
• In-depth understanding of insurance products, including life, health, general insurance and reinsurance.
• Proficiency in actuarial software (e.g., Prophet, AXIS, MG-ALFA) and data analysis tools (e.g., SQL, R, Python).
• Strong analytical and problem-solving skills
• Excellent communication skills, with the ability to effectively convey technical concepts to non-technical stakeholders.
• Proven track record of successful project delivery, including requirements gathering, solution design, and implementation.
• Ability to work independently and collaboratively in a fast-paced, dynamic environment, managing multiple priorities and deadlines effectively.