29 Actuarial Positions jobs in Singapore

Income Insurance's Actuarial team aims to create exponential value and cultivates a dynamic learning culture. We are a strong partner with other departments to transform and innovate the delivery of simple, honest and customer-focused insurance solutions. You will be an integral member of the Actuarial Life Reporting Team who will work in collaboration with other key team members, the Finance, IT and PMO Department on key functions pertaining to IFRS17 Reporting. This role will give you the opportunity to lead a team within Actuarial and be exposed to Chief Actuary and Senior Management.

KEY RESPONSIBILITIES INCLUDE:

• Accountable for IFRS17 deliveries for Life portfolio; and ensure internal and regulatory compliance
• Manage valuation data workflows including Prophet ALS models, and uphold best practices
• Lead Actuarial consolidation reporting with the team to provide actionable business insights on the Life portfolio
• Build up capabilities on stochastic technical excellence to sharpen TVOG estimation
• Drive automation initiatives of actuarial processes, adoption of new data analytic techniques & technology on reserving and IFRS17 processes

REQUIREMENTS:

• Bachelor Degree in Actuarial Sciencewith good progress in actuarial qualifications with either US, UK, or Australia Actuarial Institutes
• At least 7 - 9 years of relevant experience in Life valuation function, experience in IFRS17 reporting will be an advantage
• Strong team player who is adaptable, open to a dynamic working environment and willing to learn and explore new ways of working
• Excellent analytical and communication skills
• Strong people management skills

Our ideal candidate will be responsible for leading the delivery of client engagements, working on a wide range of actuarial projects and providing expertise in financial risk management.

• Key Responsibilities:
• Lead or work as part of a project team to deliver client engagements related to IFRS 17, Appointed Actuary work, actuarial valuation, pricing and product development, actuarial modelling, Merger & Acquisitions (M&A) and due diligence.
• Perform evaluations in areas related to financial risk, product distribution and capital issues.

Required Skills and Qualifications:

• Minimum 6 years of experience in the life actuarial team or an actuarial consulting firm.
• Newly or Nearly qualified with either the Institute and Faculty of Actuaries (UK), the Society of Actuaries (US) or the Institute of Actuaries of Australia.
• Good knowledge of Prophet software.
• Good written and verbal communication skills.

Benefits:

• Continuous learning opportunities.
• Success defined by you: flexible tools and environment to make a meaningful impact.
• Transformative leadership insights, coaching, and confidence.
• Diverse and inclusive culture embracing individuality and empowering others.

We seek an accomplished Regional Personal Lines Actuary to contribute significantly to our actuarial team. As a valued member, you will have opportunities to grow your skills and experience.

• Drive underwriting performance, actuarial, and risk management elements of APAC Auto and Personal Property lines to meet strategic objectives.
• Maintain strong relationships with the wider Actuarial function and business P&L Heads.
• Collaborate on pricing activity in the region with other pricing actuaries.
• Monitor profitability for APAC profit centers and work with management to set rate targets each year.
• Provide strategic actuarial advice to senior management on issues such as rate indications and pricing.
• Develop a framework for regular review of rate adequacy and profitability.
• Perform price adequacy reviews and assess the appropriateness of the reinsurance program to meet ongoing needs of the business.
• Pursue seamless monitoring of rate levels, rate changes, and rate adequacy.
• Evaluate consistency in approach and execution of pricing assessments, rate development, and rating models.
• Offer actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies.
• Manage data support where not maintained centrally and emphasize the importance of high-quality data.
• Enhance pricing and modeling capabilities through collaboration with technical pricing function.
• Identify insights to improve risk classification and enhance risk aggregation through collaboration with underwriting, reserving actuaries, claims department, and cat modeling/risk aggregation.
• Engage with finance on planning exercise execution and forward-looking scenarios.
• Stay informed about emerging issues affecting product lines in the region and adjust analysis accordingly.
• Cultivate a culture that promotes collaboration, diversity, and inclusion.

• FIA or FCAS (or equivalent) with substantial actuarial experience, preferably in auto and multiple functions.
• In-depth knowledge of actuarial pricing and reserving methodologies and techniques.
• Demonstrated ability to coach non-technical managers on technical areas.
• Strong business and collaboration skills, responsive to service needs and operational demands.
• Excellent management and leadership skills.
• Able to dissect complex business issues, perform research, and analysis, and synthesize conclusions into a value-maximizing strategy.
• Strong organizational and communication skills, with ability to present confidently internally and externally and influence outcomes.
• Maintain professional relationships across underwriting community.
• Comprehensive awareness of business, regulatory environment, competitors, market cycle, technology, and legislative trends.
• Highest level of personal and professional integrity.

• Take ownership of IFRS 17 financial reporting and analysis across life insurance products.
• Drive Prophet modelling enhancements and support transition work in alignment with IFRS 17 standards.
• Collaborate across actuarial, finance, and risk teams to ensure timely and accurate reporting deliverables.
• Deliver insights to senior stakeholders to influence strategic decisions.

• At least 7 years of actuarial experience in the life insurance industry.
• Strong hands-on experience with Prophet is essential.
• Solid understanding of IFRS 17 principles and actuarial reporting frameworks.
• Self-driven, analytical, and capable of working independently while collaborating across teams.

• Good understanding of economic or market issues and the ability to interpret their impact on clients
• Possess strong interpersonal and teaming skills
• Has strong analytical and creative skills
• Leverage technology to continually learn, improve service delivery and maintain our leading edge best practices

• Minimum 6 years of experience in the life actuarial team or an actuarial consulting firm.
• Newly or Nearly qualified with either the Institute and Faculty of Actuaries (UK), the Society of Actuaries (US) or the Institute of Actuaries of Australia
• Good knowledge of Prophet software
• Good written and verbal communication skills

• Depth of experience in at least one of the following areas:

• Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.

At Income Insurance, we aim to create exponential value and cultivate dynamic learning culture. As part of Income's Actuarial Pricing Team, candidate will work closely and collaborate with stakeholders across the organization to deliver business-oriented, customer-focused and innovative insurance solutions.

Responsibilities:

• Assist pricing team in product pricing project, including performing Regression Testing & User Acceptance Testing for new product implementation
• Provide ad hoc support to Product Development, Distribution, and Policy Servicing teams on client requests, cluding post-sales illustrations and customer queries
• To support updates and enhancement for Policy Illustration and Post Sales illustration templates
• Assist in the preparation of regulatory reporting filings for new product
• Adopt design-thinking and agile framework in delivering project.

Qualifications:

• Bachelor Degree in Actuarial Science
• At least 1-2 years of experience working in a life insurance function within an actuarial capacity preferred, also open to fresh graduates who has internship exeprience in actuarial function as well
• Detail oriented with a commitment to accuracy and quality
• Strong teamwork and collaboration skills
• Confident to challenge status quo and take risk to drive towards maximising results.
• Adaptable and open to dynamic working environment and willing to explore new ways of working.