Actuarial Valuation Executive / Assistant Manager from a Direct Life Insurer (Singapore)
Responsibility:
- Assist Section Head and Chief Actuary on the analysis of impact of RBC2, perform any future QIS, and drive implementation for future adoption of RBC2
- Assist in any adhoc actuarial investigations and corporate initiatives from time to time
- Assist the Section Head in the department’s role in the Financial Management Committee
- Conduct experience studies to assist Chief Actuary in formulating suitable basis for expense allocation, liability valuation and product pricing
- Assist the Section Head to review team’s work, including but not limited to stress test exercise, and ORSA
- Assist Chief Actuary and the Board in managing participating business in accordance with the Internal Par Fund Governance Policy (IGP). Activities include bonus investigation, recommendation and implementation
- Ensure that actuarial models used for the above activities are accurate, efficient and well documented
Skills / Experience:
- At least 5 years of actuarial experience. Prior experience in valuation, reporting and/or corporate actuarial is preferred. Less experienced candidates will be considered as Executive
- Good understanding of at least one financial metric used in managing life insurance companies
- Good knowledge about Singapore valuation and RBC rules is preferred
- Knowledge of Prophet is preferred
- Proficient in Microsoft Office suite