Actuarial Assistant Manager: Participating Funds & Analytics

Income Insurance Limited; Singapore; On-site; SGD 75,000 - 120,000; Full time

Job summary

Income Insurance Limited in Singapore seeks an actuarial professional to support participating fund management, including bonus investigations and governance enhancements.

The role emphasizes experience studies, financial impact analyses, and preparation of management reports to inform fund decisions within a robust governance framework. Strong modelling and stakeholder communication are essential.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics or a related quantitative discipline.
• Progressing towards a professional actuarial qualification (SOA, IFoA, Institute of Actuaries Australia or equivalent).
• 2–5 years of actuarial work experience, preferably with exposure to financial reporting, participating business, valuation, or capital management.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in actuarial modelling, data analysis, and Microsoft Excel; experience with actuarial systems or programming tools (e.g., Prophet, Alteryx, VBA) is an advantage.
• Ability to communicate technical concepts clearly and concisely to both technical and non-technical stakeholders.
• Self-motivated with the ability to work independently while collaborating effectively within a team environment.
• Adaptable and open to change, with a willingness to learn new technologies and explore innovative ways of working.

Responsibilities

• Support the management of participating funds, including bonus investigations, recommendation analysis, and bonus implementation.
• Perform experience studies, financial impact assessments, and analyses to support bonus declaration and participating fund management decisions.
• Maintain and enhance the participating fund governance framework and support its effective application across the participating portfolio.
• Prepare actuarial analyses, management reports, and committee papers relating to participating fund management activities.
• Support the team lead in participating fund initiatives, regulatory exercises, and strategic projects.
• Contribute to process improvement, automation, and data analytics initiatives to enhance actuarial efficiency and insights.
• Collaborate with stakeholders across Actuarial, Finance, Risk, Product, and other business functions.
• Participate in ad hoc assignments and projects in line with departmental priorities.
• Ensure deliverables are completed accurately, timely, and in accordance with internal governance standards, regulatory requirements, and industry guidelines.

Skills

Analytical skills

Communication

Excel proficiency

Actuarial modelling

Data analysis

Independent work

Team collaboration

Education

Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or related quantitative discipline

Tools

Prophet

Alteryx

VBA

Excel

Job description

Income Insurance Limited in Singapore seeks an actuarial professional to support participating fund management, including bonus investigations and governance enhancements.

The role emphasizes experience studies, financial impact analyses, and preparation of management reports to inform fund decisions within a robust governance framework. Strong modelling and stakeholder communication are essential.