Senior Valuation Actuary

  • 36451
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Dec 13, 2019
  • Support divisional oversight of the quarterly closing process for the macro markets in APAC, oversight of the best estimate assumptions and ad hoc reviews of the overall APAC IFRS reserves in order to give an assessment of their adequacy.
  • Oversee quarterly analyses of the reserves of the macro-markets and products and of reports supporting conclusions. Support process of continuous improvement. Provide value adding insights to the business, including movements in IFRS and SII results, experience emergence, recommendations for management actions.
  • Providing support in the implementation of IFRS17 across the macro markets.
  • Oversee the actuarial elements of the local solvency and capital projections for each of the entities in the region.
  • Support the external audits and relationships with local auditors in relation to actuarial topics.
  • Support the standardisation and continuous improvement of reserving processes, analyses and controls across the macro markets.
  • - Support the Head of Actuarial APAC in the objective to be the primary point of contact for the 4 Macro Markets when liaising with the Divisional Finance teams and Group teams in relation to financial performance in the Macro Markets.
  • Develop understanding of drivers of financial performance from the Macro Markets each quarter.
  • Support appropriate communication of actuarial issues to Divisional Finance teams in the context of earnings, capital, liquidity, etc.
  • Develop understanding of FP&A processes and contributor to FP&A activity as required.
  • Work closely with the divisional reserving and actuarial function teams on all actuarial matters relating to reserving, economic value and experience analysis.
  • Collaboration with Macro Market actuarial teams in each of the markets to provide advice and governance to the actuarial reserves, and to ensure best practice of actuarial functions within the region.
  • Work closely with other teams within APAC, including Life finance, Pricing, Risk management, to share common knowledge, and common purpose.
  • Qualified Actuary.
  • Relevant experience in an insurance/reinsurance business, across reserving and SII.
  • Experience of Actuarial projection software.
  • Demonstrate a Purpose to the work environment.
  • Cheerful, fun, flexible, can do attitude with interest in career and skill development.
  • Strong communication and interpersonal skills.
  • Able to work in a small team environment including an enthusiasm to support other teams, and willingness to be hands on as needed.
  • Able to provide effective challenge to senior managers.
  • Disciplined, reliable, and always on the look out to reduce work duplication and silos.