Actuarial Services – Senior Associate

PRICEWATERHOUSECOOPERS ASIA ACTUARIAL SERVICES (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading actuarial consultancy in Singapore seeks an experienced Actuarial professional to provide general insurance advisory services. You will support a dynamic team, providing crucial insights on financial modelling, risk management, and regulatory compliance. Ideal candidates will have at least 2 years' experience in actuarial roles and be on track to attain recognized qualifications. Strong interpersonal skills and familiarity with actuarial software are desired. This is a unique opportunity to influence significant insurance projects while thriving in a supportive team environment.

Qualifications

• At least 2 years’ actuarial experience in general insurance.
• Depth of experience in Reserving, ERM, Valuation, Capital Modelling.
• Good interpersonal and communication skills.

Responsibilities

• Provide General Insurance actuarial advisory service.
• Support managers on general insurance projects.
• Prepare presentations, proposals, and actuarial reports.

Skills

Actuarial experience

Communication skills

Self-starter

Team collaboration

Education

Actuarial qualification (progress towards)

Tools

MS Office

Actuarial modelling software

Job description

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, reinsurers, 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. Together we can build trust in society and solve important problems.

How will you value-add?

• Provide General Insurance actuarial advisory service
• Seasonal audit support projects as necessary
• Support managers to deliver professional advice on general insurance projects
• Play a key role in preparing presentations, proposals, and actuarial reports
• Work in a dynamic team of 20+ actuarial professionals in Singapore.

About you

• At least 2 years’ actuarial experience in general insurance with an insurance firm, consulting firm or financial services organization
• Depth of experience in core Actuarial areas in General Insurance like Reserving, ERM, Valuation Experience, Capital Modelling, Reinsurance, Regulatory Reporting (ORSA, FCR, ICAAP, IFRS17, RBC) etc
• Good progress in attaining an internationally recognized actuarial qualification
• 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
• Ability to foster a positive working environment by building relationships with team members and clients
• Proven ability to handle diverse situations, multiple projects, and rapidly changing priorities.