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Reserving Actuary

  • Location:

    Singapore

  • Sector:

    Non-life

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Shuyu Lim

  • Contact email:

    Shuyu.Lim@oliverjames.com

  • Job ref:

    JOB-052022-169596_1652923964

  • Published:

    almost 2 years ago

  • Expiry date:

    2022-06-18

My client is a top-tier direct insurer, is seeking a Manager-level experiened GI actuary with strong reserving and valution expertise. The incumbent will be part of the APAC team, and the role is based in the regional office in Singapore.

Job Duties:

  • Performs valuation of insurance liabilities of the group companies in the region.
  • Conducts independent and peer reviews of policies liabilities of the group companies in the region.
  • Supports and enhances the governance of the reserving and other actuarial related aspects in the region.
  • Supports on any actuarial related works to meet local regulatory requirements and international accounting standards.
  • Develops actuarial models and tools to monitor and analyze the financial performance of the group companies.
  • Assists in the implementation and maintenance of actuarial strategies, policies and guidelines.
  • Provides support and implement IFRS17 & RBC2 projects within the region.
  • Provides support on projects, including M&A, group company integration, channel or business expansions, or other projects as required.

Requirements:

  • Bachelor degree in Mathematics, Actuarial Science or Statistics.
  • Almost Fellow with a recognized Actuarial association.
  • 6+ years of broad P&C actuarial experience, ideally in P&C reserving.
  • Knowledge on Monetary Authority of Singapore liability valuation and RBC requirements.
  • Knowledge on the liability valuation and RBC requirements of ASEAN countries is a plus.
  • Strong numerical and analytical skills.
  • Comfortable working with large data sets.
  • Ability to learn independently and solve technical problems.
  • Strong interpersonal and communication skills.
  • Strong programming skills; and proficient in Excel, ResQ and SAS.

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