Total 4 human resource manager job vacancies in Science / R&D / Research category in Singapore

About the company
Our client is a leading life insurance company, seeking a detail-oriented Actuarial IFRS17 Assistant Manager to join the actuarial team. The ideal candidate will play a key role in the implementation and ongoing management of IFRS 17 reporting standards, ensuring compliance, accuracy, and efficiency.

About the job

• Support the implementation and maintenance of IFRS 17 processes, models, and systems.
• Perform actuarial valuations and financial reporting in line with IFRS 17 requirements.
• Collaborate with cross-functional teams to ensure seamless integration of IFRS 17 standards.
• Develop and validate actuarial models, including cash flow projections and risk adjustments.
• Prepare and review technical documentation and reports for internal and external stakeholders.
• Provide insights and recommendations to improve reporting processes and outcomes.
• Monitor regulatory updates and ensure compliance with evolving standards.

Skills and experience required

• Associate or nearly qualified Fellow of a recognized actuarial body (e.g., IFoA, SOA).
• At least 4 years of actuarial experience in life insurance or related fields.
• Strong knowledge of IFRS 17 standards and financial reporting.
• Proficiency in actuarial modelling software and data analysis tools.
• Excellent analytical, problem-solving, and communication skills.

To apply online please use the 'apply' function, alternatively you may contact Lynette Lim.
(EA: 94C3609/ R1435181 )

PURPOSE

You will lead actuarial valuation and P&L management for the GI business. You will be expected to work closely with the business and senior stakeholders for the general insurance personal lines portfolio.

KEY ACCOUNTAIBILITIES

· Support the CFO in meeting delegated GI Chief Actuary responsibilities

· Lead month-end valuation of insurance liabilities, internal financial reporting, ensuring key movements and deviations from Plan are clearly communicated to key stakeholders

· Lead the regular forecasts, business plan and other ad-hoc forecast exercises for GI business

· Lead MAS reporting and be the key contact person liaising with external Certifying Actuary on actuarial and valuation matters

· Adopt a pro-active approach in anticipating risks in the GI business and highlight them promptly to key stakeholders

· Engage with key functions, such as GI Pricing, Business Intelligence, Underwriting, Finance and Risk to provide insight on performance of products

· Ensure compliance of actuarial processes and models with internal policies

QUALIFICATIONS / EXPERIENCE

· Bachelor’s Degree in Actuarial Science

· 8 to 10 years in building and implementing models, preferably in the insurance industry.

· Strong knowledge about (i) Singapore RBC and other reporting requirements that general insurers in Singapore have to comply with

· Strong programming skills; R, Python or SQL is a plus

· Experience in building technical cost / demand models or other data science projects

KNOWLEDGE, SKILLS & ABILITY

· Strong business acumen in the GI insurance market

· Excellent communication and project management skills

· Strong interpersonal skill

· Ability to present and influence stakeholders on complex ideas

· Willing to be hands-on

· Ability to learn things quickly and have an inquisitive nature on technology

· Support reinsurer selection, regular reinsurance review and annual renewal exercises

· Provide timely updates on status and outcome to relevant stakeholders

· Stay updated of market changes and/or regulatory changes relating to general insurance

Provide support for GI pricing responsibilities in case of GI Pricing Manager’s extended absence to ensure business continuity

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

Position Objective:

To be involved in areas such as IFRS17 valuation reporting functions, actuarial modelling (liability model/ALS model), as well as, other ad-hoc actuarial projects.

Job Responsibilities:

• Support IFRS17 valuation reporting for production and ensure the financials are in compliance with current accounting standards
• Identify areas of enhancement in IFRS17 valuation reporting to streamline and value add to current production process
• Maintenance and enhancement of both Prophet liability and ALS model for RBC2, IFRS17 and other internal reporting purposes;
• Support IFRS 17 business planning, including but not limited to development of new capabilities/KPIs, analyzing of the financial results, sensitivity testing and optimizing business strategies with forward looking view;
• Drive and provide support to audit matters, as well as, other ad-hoc projects related to IFRS17
• Support to other business units functions, if needed

Job Requirements:

• Bachelor degree in Actuarial Science or closely related subjects, such as Data Analysis and Mathematics
• Minimum 3 to 5 years of working experience related to IFRS17 valuation in life insurance industry
• Technical, sensitive to details, ability work independently and apply critical thinking
• Job title and rank depend on the number of years of actuarial working experience in Life/GI insurance
• Proficient in MS Excel, Macro and Prophet Model coding
• Good communications skills, meticulous and detail-oriented team player
• Must be a member of an actuary association recognized by the Singapore actuarial society and have a good progress in actuarial exams
• Ability to read and write in Chinese will be an advantage
• Fluent in both spoken and written English and Chinese

about the company

Our client is a leading global leader in medical R&D. They have operations globally across Taiwan, Europe, China, Korea etc. and they’re now on a look out for a R&D manager to join their dynamic team during an exciting time in their development.

What you will be here for

• R&D design of medical products
• Developing and evaluating new materials, structures (including frame profiles) and product designs
• Drive quality improvement in the mechanical aspect
• Build-up and conduct mechanical simulations and modelling
• Plan, coordinate and execute product enhancements
• Manage all stages of the product lifecycle, including conceptual design, prototyping, testing,validation, and transition to manufacturing
• Oversee the design, analysis, and development of complex mechanical systems

What you will need

• Phd / Msc / Degree in Mechanical / Mechatronics Engineering
• Min 15 years of experience in R&D mechanical design - medical devices / instrumentation / consumer electronics background with 7 years in a leadership role
• Competed at least 2 full new product lifecycle
• Expertise in Finite Element Modelling and Analysis
• Experience in modeling/simulation software is a must (SolidWorks, ANSYS).
• Knowledge of statistical data analysis methods and DOE
• Familiar with Product Reliability Test Design / Failure Analysis / Documentation will be a plus

If you are interested in the position , kindly send your CVs in to yitwei.kwan(@)randstad.com.sg
Please include your availability, expected salary and reason for leaving current job
We regret that only shortlisted candidates will be contacted
EA: 94C3609 / Reg: R1325913