Actuarial – IFRS 17 Reporting

Prudential Assurance Company Singapore; Singapore; Presencial; SGD 120.000 - 190.000; Jornada completa

Descripción de la vacante

Prudential Singapore is seeking an actuarial candidate to join the IFRS17 reporting team, focusing on financial reporting for IFRS17 standards. The role requires 5–10 years of actuarial experience and a degree in actuarial science or a related field.

You will lead end-to-end IFRS17 reporting, coordinate with local and regional teams, manage Prophet model setup and ETL tools, and participate in audits. Proficiency in SQL and data management is a plus. Strong English communication is essential.

Formación

• Provide feedback to the review of the regional and local technical interpretation of the standards
• Review the business requirements according to the technical decisions for requirement of the standards
• Provide actuarial support and feedback to local development team to improve the end-to-end ETL tools for better efficiency and analysis
• Lead and coordinate with local business users for the implementation and UAT of the changes to the end-to-end IFRS17 reporting process and tools, including source system changes, local and regional ETLs, actuarial model and IFRS17 reports
• Ensure the end-to-end reporting process and control for Actuarial, including data preparation (set up of Prophet model, model points and assumptions) in an auditable manner for IFR17 reporting
• Lead coordination with local and regional stakeholders throughout the Business Planning and forecasting cycle, ensuring timely and accurate IFRS 17 financial projections, effective communication and alignment across multiple reporting bases
• Collaborate closely with other local reporting team and regional stakeholder on IFRS17-related matters to ensure alignment across multiple reporting bases
• Analyse and explain IFRS17 results and support business initiative for result improvement
• Work closely with other local reporting team to perform reconciliation between IFRS17 basis and other reporting basis
• Lead internal and external audits on IFRS17 matters, serving as the primary point of contact for auditors and coordinating closely with other local reporting teams to ensure timely, coherent, and consistent responses across all reporting bases
• Provide actuarial support to the local and regional initiatives on reporting process re-engineering

Responsabilidades

• Provide feedback to the review of the regional and local technical interpretation of the standards
• Review the business requirements according to the technical decisions for requirement of the standards
• Provide actuarial support and feedback to local development team to improve the end-to-end ETL tools for better efficiency and analysis
• Lead and coordinate with local business users for the implementation and UAT of the changes to the end-to-end IFRS17 reporting process and tools, including source system changes, local and regional ETLs, actuarial model and IFRS17 reports
• Ensure the end-to-end reporting process and control for Actuarial, including data preparation (set up of Prophet model, model points and assumptions) in an auditable manner for IFR17 reporting
• Lead coordination with local and regional stakeholders throughout the Business Planning and forecasting cycle, ensuring timely and accurate IFRS 17 financial projections, effective communication and alignment across multiple reporting bases
• Collaborate closely with other local reporting team and regional stakeholder on IFRS17-related matters to ensure alignment across multiple reporting bases
• Analyse and explain IFRS17 results and support business initiative for result improvement
• Work closely with other local reporting team to perform reconciliation between IFRS17 basis and other reporting basis
• Lead internal and external audits on IFRS17 matters, serving as the primary point of contact for auditors and coordinating closely with other local reporting teams to ensure timely, coherent, and consistent responses across all reporting bases
• Provide actuarial support to the local and regional initiatives on reporting process re-engineering

Conocimientos

Financial reporting

Actuarial analytics

Prophet systems

SQL

Data management

Educación

Degree in Actuarial, Mathematics, Statistics or Finance

Fellow or student member of a recognized actuarial body

Descripción del empleo

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

As the member of the International Financial Reporting Standard (IFRS) 17 reporting team, you will participate in the IFR17 reporting for Prudential Singapore.

Job Profile Summary

As the member of the International Financial Reporting Standard (IFRS) 17 reporting team, you will participate in the IFR17 reporting for Prudential Singapore.

Job Description

We are looking for actuarial candidates who are passionate about financial reporting, in particular IFRS17 reporting.

• Provide feedback to the review of the regional and local technical interpretation of the standards
• Review the business requirements according to the technical decisions for requirement of the standards
• Provide actuarial support and feedback to local development team to improve the end-to-end ETL tools for better efficiency and analysis
• Lead and coordinate with local business users for the implementation and UAT of the changes to the end-to-end IFRS17 reporting process and tools, including source system changes, local and regional ETLs, actuarial model and IFRS17 reports.
• Ensure the end-to-end reporting process and control for Actuarial, including data preparation (set up of Prophet model, model points and assumptions) in an auditable manner for IFR17 reporting
• Lead coordination with local and regional stakeholders throughout the Business Planning and forecasting cycle, ensuring timely and accurate IFRS 17 financial projections, effective communication and alignment across multiple reporting bases
• Collaborate closely with other local reporting team and regional stakeholder on IFRS17-related matters to ensure alignment across multiple reporting bases
• Analyse and explain IFRS17 results and support business initiative for result improvement
• Work closely with other local reporting team to perform reconciliation between IFRS17 basis and other reporting basis
• Lead internal and external audits on IFRS17 matters, serving as the primary point of contact for auditors and coordinating closely with other local reporting teams to ensure timely, coherent, and consistent responses across all reporting bases
• Provide actuarial support to the local and regional initiatives on reporting process re-engineering

Who We Are Looking For

Competencies & Personal Traits

• Passionate about financial reporting
• Motivated and pro-active
• Detailed oriented and work independently
• Strong technical and analytical skills
• Committed to excellence and always strive to deliver results with high standards
• Good understanding of insurance products
• Good working knowledge of Prophet systems and valuation data management program (such as SQL) is a plus

Working Experience

• 5 to 10 years of actuarial experience or any other analytical role. IFRS17 working experience is an advantage

Professional Qualifications

• Fellow or student member of a recognized professional actuarial body.

Education

• Degree in Actuarial, Mathematics, Statistics or Finance

Language

• English

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.