Executive, Actuarial

Critical Tasks and Expected Contributions/Results:

• To support APAC valuation tasks for Australia and Singapore as follows:
• Assist in internal US GAAP reporting, local statutory reporting (e.g. ALCO and ORSA), as well as annual reserve and expense study
• Assist in setting reserves for financial close, conduct claims and loss ratio detailed movement analysis and understanding of underlying key drivers
• Data preparation and assist in the development and maintenance of claims/actuarial database and analytic dashboards
• Provide support in optimizing and streamlining reserving processes. This includes proposing and implementing improvements while maintaining robust controls and proper documentation
• Participate in actuarial reserving projects such as IFRS17 and collaborate with other business functions in ad-hoc projects to implement key strategic initiatives
• Any other ad-hoc tasks as assigned

Key Challenges/Anticipated Changes in Environment:

• Able to juggle priorities and work under pressure to meet tight deadlines
• Have strong financial acumen and professional integrity. Able to balance and apply actuarial principles in a commercial setting

Developmental Value of Position:

• Develop the ability to work independently while taking ownership to contribute actively to a high-performing team environment
• Cultivate a strong growth mindset to have a deep hunger and willingness to experiment, explore and broaden actuarial expertise
• Strengthen communication and interpersonal skills to productively interact with cross-functional colleagues.

Experience/Knowledge, Education and Other Requirements:

• Bachelor’s degree in Actuarial Science or related field of study
• Associate level or candidates actively pursuing actuarial qualifications from the Society of Actuaries, Institute and Faculty of Actuaries, or comparable actuarial bodies
• 1-3 years of relevant actuarial experience. Strong fresh graduates are welcome.
• Good knowledge and experience of valuation and reporting process
• Good understanding in health insurance, health claim process, healthcare systems, IFRS17 is a plus
• Good knowledge and strong interest in programming (e.g. Alteryx, AWS, ResQ, SQL and Tableau). Proficient in Microsoft (Excel, Access, Powerpoint etc.)
• Strong communication and presentation skills

Personal Competencies Required:

• Have good understanding of the Actuarial valuation function and operating models
• Strong analytical and numerical skills, applied to insurance and finance data domains
• Ability to apply technical knowledge and skills in automating and streamlining work processes
• Fast learner and detail oriented. Be able to complete tasks assigned accurately and in a timely manner. Be able to identify and highlight critical issues to be discussed throughout the whole process