Actuarial (Financial Services) Consultant, Risk Consulting

Ernst & Young Advisory PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading consulting firm in Singapore is seeking a Senior Consultant for their actuarial team. This role involves leading client engagements on IFRS 17, actuarial valuation, and M&A due diligence. The ideal candidate is newly or nearly qualified with strong analytical skills and experience in life actuarial consulting. A competitive compensation package is offered along with opportunities for career development.

Benefits

Support and coaching from engaging colleagues

Opportunities for skill development

Flexible work arrangements

Qualifications

• Newly or nearly qualified actuary with relevant professional affiliation.
• Experience in the life actuarial team or actuarial consulting is an advantage.
• Good communication skills.

Responsibilities

• Lead and assist client engagements related to IFRS 17 and actuarial valuations.
• Perform evaluations for financial risk and capital issues.
• Design valuation and Asset Liability Management frameworks.

Skills

Understanding of economic or market issues

Interpersonal and teaming skills

Analytical and creative skills

Tech-savvy with a focus on service delivery

Education

Eligible for Institute and Faculty of Actuaries (UK) or equivalent

Tools

Prophet software

Job description

The Opportunity

As part of our life actuarial team, you’ll focus on high-impact opportunities to apply your knowledge and experience that will shape our services. You’ll build valuable relationships with clients and develop strong capabilities, through both formal training and working with senior mentors and talented colleagues. You will be at the forefront of issues that are shaping the insurance industry in Asia and gain a wide exposure to a diverse range of actuarial projects.

Your Key Responsibilities

As a Senior Consultant in the Actuarial team, you will be assisting and leading the delivery of a wide range of client engagements, leading or working as part of a project team, relating to IFRS 17, Appointed Actuary work, actuarial valuation, pricing and product development, actuarial modelling, Merger & Acquisitions (M&A) and due diligence. You will also be performing evaluation in areas related to financial risk, product distribution and capital issues. You will also work with advanced financial modeling approaches and systems, e.g. designing valuation and Asset Liability Management (ALM) frameworks.

Skills and Attributes for Success

• Good understanding of economic or market issues and the ability to interpret their impact on clients
• Possess strong interpersonal and teaming skills
• Has strong analytical and creative skills
• Leverage technology to continually learn, improve service delivery and maintain our leading-edge best practices

To Qualify for the role, you must have

• Newly or Nearly qualified with either the Institute and Faculty of Actuaries (UK), the Society of Actuaries (US) or the Institute of Actuaries of Australia
• Added advantage for candidate with experience in the life actuarial team or an actuarial consulting firm
• Good knowledge of Prophet software
• Good written and verbal communication skills

Ideally, you’ll also have

Depth of experience in at least one of the following areas:

• Financial modelling
• Financial and regulatory reporting
• Product and distribution strategy
• ERM / Solvency II
• M&A due diligence

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization.

What working at EY offers

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. We also offer you:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.