Actuarial Reserving & Valuation Analyst (RBC2)

China Life Insurance Singapore; Singapore; On-site; SGD 100,000 - 160,000; Full time

Job summary

China Life Insurance Singapore is seeking an actuarial professional to prepare reserves, embedded value, and statutory forms, while supporting results analysis and system enhancements. The role involves ensuring RBC2 solvency and coordinating valuation projects with internal and external stakeholders.

The candidate should have an actuarial science degree, with experience in life insurance or consulting, and familiarity with SBC2 regulations, reserving, and EV reporting.

Qualifications

• Degree in Actuarial Science or related subject.
• Rank and title depend on years of actuarial experience in direct life insurance or consulting.
• Familiar with Singapore RBC2 regulations; RBC2 development is an advantage.
• Experience with actuarial reserving and embedded value reporting.

Responsibilities

• Prepare reserves, new business embedded value, statutory forms and other internal and external reports.
• Analyze results and explain movements in valuation results.
• Provide support in enhancing and modification of the valuation system.
• Monitor the company’s financial position to ensure ongoing RBC2 solvency.
• Assist managing valuation-related projects and coordinate with internal and external parties.
• Involve in annual review of experience studies, bonus investigations, stress tests and SOPs (reserving SOP, NBEV SOP, CAR computation SOP, Par Internal Governance Policy).
• Assist in preparing the annual SAA review and business plan.

Skills

Excel

Project management

Communication skills

RBC2 regulations

Chinese reading (advantage)

Education

Actuarial Science degree

Related subjects degree

Tools

MS Excel

MS Access

Job description

China Life Insurance Singapore is seeking an actuarial professional to prepare reserves, embedded value, and statutory forms, while supporting results analysis and system enhancements. The role involves ensuring RBC2 solvency and coordinating valuation projects with internal and external stakeholders.

The candidate should have an actuarial science degree, with experience in life insurance or consulting, and familiarity with SBC2 regulations, reserving, and EV reporting.