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Actuary

SWISS RE ASIA PTE. LTD.

Singapore

On-site

SGD 100,000 - 140,000

Full time

Yesterday
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Job summary

A leading reinsurance company in Singapore is seeking a qualified actuary with at least 7 years of experience in P&C reserving, pricing, or financial reporting. In this role, you will provide independent assessments of P&C reserves and support the Group Chief Actuary. The ideal candidate possesses strong programming skills, excellent interpersonal abilities, and a solid academic background in mathematical statistics. Opportunities for growth within the Actuarial Control team await you.

Qualifications

  • At least 7 years of P&C experience in reserving, pricing, or financial reporting.
  • Ability to work under pressure and prioritize effectively.
  • Strong mathematical statistics and numerical methods foundation.

Responsibilities

  • Provide independent assessments of P&C reserves.
  • Deliver P&C parameters for the internal model.
  • Lead quarterly delivery of materials to support the Group Chief Actuary.
  • Lead quarterly delivery of materials to support the Group Chief Actuary.
  • Implement continuous improvement and automation of reserving processes.

Skills

Programming skills
Interpersonal skills
Statistical modeling
Teamwork
Problem-solving
Communication skills (English)

Education

Qualified actuary
Strong academic background in mathematical statistics

Tools

R
Python
Job description

Are you ready to join the P&C Actuarial Control team to support P&C reserves oversight?

In Risk Management we provide Management and the Board(s) of Directors with assurance that Swiss Re has the resources to meet our obligations and help ensure Swiss Re's profitability and sustainable growth.

In this role, you will:
  • Provide independent assessment of the P&C reserves for a specific region.
  • Perform 'deep dives' to assess reserving quality for specific portfolios.
  • Deliver the P&C parameters for the internal model.
  • Lead quarterly delivery of materials to support the Group Chief Actuary
  • Implement continuous improvement and automation of reserving processes.
  • Implement process improvements by using programming skills, statistical modelling and data visualization.
  • Have opportunities to grow in other tasks within Actuarial Control.
About the team

P&C Actuarial Control provide senior management and the Board(s) of Directors with an independent assessment of our reserves for both Reinsurance P&C and Corporate Solutions. We also support the Group Chief Actuary in the preparation of quarterly closing materials and provide the Risk Modelling team with the P&C parameters for the internal model.

About You
  • Qualified actuary with at least 7 years of P&C experience in reserving, pricing, or financial reporting, preferably in reinsurance
  • Ability to work under pressure
  • Ability to prioritize effectively, navigate ambiguity and not look for status-quo
  • Persistent, pragmatic and striving for solutions
  • Ability to contribute effectively in teamwork, but also keen to take ownership and work independently
  • Trustworthy and curious to learn
  • Strong academic background with a good foundation in mathematical statistics and numerical methods
  • Experience using programming/scripting languages, e.g., R or Python
  • Excellent interpersonal and communication skills with good spoken and written English
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