Actuarial Services, Life Insurance - Manager

PRICEWATERHOUSECOOPERS ASIA ACTUARIAL SERVICES (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading global consulting firm in Singapore is looking for an experienced actuary to provide life insurance actuarial advisory services. You will lead a team of professionals, contribute to various projects, and prepare detailed actuarial reports. Ideal candidates will have over 5 years of relevant experience and strong communication skills. The role may require regional travel and offers significant professional development opportunities.

Qualifications

• 5+ years of actuarial experience in life insurance.
• Experience in two core Actuarial areas: Reserving, Pricing, ERM, etc.
• Diligent self-starter with good communication skills.

Responsibilities

• Provide life insurance actuarial advisory services.
• Lead a team of actuarial professionals.
• Prepare presentations and actuarial reports.

Skills

Actuarial experience in life insurance

Excellent interpersonal and communication skills

Ability to work independently and with ambiguity

Education

Internationally recognized actuarial qualification

Tools

MS Office

Actuarial modelling software

Job description

Overview

We believe that challenges are better solved together. That's why you'll join a diverse, global community of solvers - an unexpected mix of people that come together to build trust in society and solve important problems. With us, you are encouraged to lead with your heart and values, and where your unique skills are developed and put to work in unexpected and exciting ways, superpowered by technology.

A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company’s balance sheet or you could be revising businesses’ projections and making sure they have adequate reserves.

How will you value add?

• Provide life insurance actuarial advisory service
• Seasonal audit support projects as necessary
• Lead a team of actuarial professionals to provide professional advice on life insurance project
• Play a key role in preparing presentations, proposals, and actuarial reports
• Travel within the region may be necessary

About you

• At least 5 years of actuarial experience in life insurance with an insurance firm, consulting firm or financial services organization
• Depth of experience in at least 2 core Actuarial areas in Life Insurance: Reserving, Pricing, ERM, Capital Modelling, Reinsurance, Regulatory Reporting (ORSA, FCR, ICAAP, IFRS17, RBC) etc
• In the process of attaining an internationally recognized actuarial qualification but experienced professionals who have stopped taking exams will be considered
• Excellent MS Office knowledge. Familiarity with one or more actuarial modelling software is desirable but not essential.
• Diligent self-starter, ability to work with ambiguity and to work independently
• Good interpersonal and communication skills with fluency in spoken and written English
• A team player and team leader who enjoys training a team of analysts
• Ability to see the "Big picture"