AVP, Pricing

  • 36195
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Nov 8, 2019
Insurance
RESPONSIBILITIES
  • Manage model governance and validation in accordance with internal policy. This includes reviewing procedures to maintain model integrity and appropriate model documentation.
  • Lead and supervise the modelling team and review their work to ensure quality and timely completion of core deliverables.
  • Explore areas for enhancement to raise the standard of current modelling process, and drive the improvement initiatives. This includes standardising coding structures and improving model efficiency.
  • Supervise and manage enhancement and modification of the Prophet system, ensuring accuracy and consistency of the results produced, and modifications are well documented. This includes new products modelling and enhancements for upcoming reporting and capital frameworks such as IFRS17 and RBC2. Coordinate and communicate with different stakeholders in IFRS17 implementation.
  • Handle projects related to Prophet.
  • Provide technical support to internal as well as external parties such as regulators and auditors.
QUALIFICATIONS
  • Degree holder in Actuarial Science and with good progress in Actuarial exams.
  • At least 6 years of working experience in actuarial field.
  • Experienced with model governance.
  • Familiarity with Singapore RBC regulations is an advantage.
  • Excellent communication and time management skills.
  • Excellent in statistical analysis and problem solving.
  • Excellent leadership skills to motivate and develop staff.
  • Proficient at Actuarial work applications such as Prophet, MS Excel and MS Access.
  • Experience with Stochastic model such as Prophet ALS is preferred.
  • Proficient at Actuarial reserving and embedded value concepts.