Appointed Actuary

  • 37408
  • Life - Actuarial
  • |
  • Singapore
  • |
  • 6 days ago
  • Perform the statutory duties of Appointed Actuary such as approval of premium rates, Actuary Report, Risk Management Policy and Investment Policy.
  • Acting as first line of defense, work closely with Chief Risk Officer in identifying, managing and migrating financial risks, capital risk, etc.
  • Provide financial analysis and advice to business to support accelerated growth of distribution channels and other business initiatives.
  • Support the development of consumer/environment/regulatory changes.
  • Provide leadership on various valuations and actuarial investigations required; ensure that appropriate assumptions, consistent methodology, standards and practices are followed.
  • Deliver quality financial reports and plays a hand on role with respect to the Source of Earnings analysis, DCAT, Embedded Value, and market risk sensitivity.
  • Provide and communicate local and Canadian-IFRS sources of earnings analysis and estimates and identify trends and business issues to highlight to Senior Management. Provide and communicate meaningful, analysis and decision support to Business Unit Management.
  • Participate and be key member in Investment Committee and Asset and Liability Committee, monitor and drive well balanced investment strategies to enhanced investment risk with consideration of investment risk and RBC2 constraint.
  • Build a high performing team, leverage unique talents of others, and foster trust and credibility and maintain a work-life balance working environment by prioritizing and applying good business judgement to make sound decisions.
  • Apply understanding of current and future business needs to attract, develop and retain key talent; shares talent and encourages talent movement across the organization.
  • Participate and execute in inorganic strategy such as M&A deals, bancassurance deals, new channel strategy.
  • Qualified Actuary with a recognized international actuarial organization.
  • 12+ years of experience with strong business sense and at least 5year post qualified experience.
  • Strong knowledge of C-IFRS and IFRS17 is a plus.
  • Solid experience in valuation and risk management.
  • Strong analytical and decision-making skills.
  • Sound business judgement and strategic thinking ability.
  • Strong leadership and management skills.
  • Demonstrated project management skills.
  • Excellent communication & relationship skills.
  • Strong influential skills.
  • Strong knowledge of Singapore insurance, appointed actuary and RBC2 regulation is a plus.