Actuarial Analyst

  • 38256
  • Life - Actuarial
  • |
  • Singapore
  • |
  • Sep 24, 2020
Insurance
RESPONSIBILITIES
  • Comply with internal model governance and validation policies. This includes reviewing procedures to maintain model integrity and appropriate model documentation.
  • Modify and enhance the Prophet valuation system for reporting and capital frameworks, including IFRS17 and RBC2, ensuring accuracy and consistency of the results.
  • Explore areas for enhancement to raise the standard of current modelling process. This includes standardising coding structures and improving model efficiency.
  • Participate in projects related to Prophet.
  • Provide technical support to internal model users.
  • Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
  • Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
  • Highlights any potential concerns /risks and proactively shares best risk management practices.
QUALIFICATIONS
  • Degree holder in Actuarial Science and with good progress in Actuarial exams.
  • At least 1 year of working experience in Actuarial field.
  • Experienced with Actuarial modeling.
  • Familiarity with Singapore RBC regulations and IFRS 17 is an advantage.
  • Good in formulas and problem solving.
  • Proficient at Actuarial work applications such as Prophet, MS Excel and MS Access.
  • Proficient at Actuarial reserving and embedded value concepts.
  • High level of integrity, takes accountability of work and good attitude over teamwork.
  • Take initiative to improve current state of things and adaptable to embrace new changes.