Analyst, Life Actuarial, Asia

ALLIANZ SE; Singapore; On-site; SGD 100,000 - 180,000; Full time

Benefits offered by this job

Hybrid work options

Learning platforms (LinkedIn Learning,

Job summary

Allianz SE in Singapore is seeking a Regional Life Actuarial Analyst to support regional projects enhancing actuarial models, governance and reporting, and to collaborate with local entities across Asia.

You will work on model enhancements, validation, and documentation; contribute to IFRS17 and SII reporting, leverage automation, and travel within Asia as needed. The role offers hybrid work arrangements and development opportunities within Allianz.

Qualifications

• Bachelor's degree in Actuarial or equivalent.
• 3+ years of actuarial experience in insurance.
• Ability to travel within Asia.
• Proficient in IFRS 17 standards.

Responsibilities

• Support actuarial model enhancements with asset-liability interactions.
• Perform model validation to meet minimum requirements.
• Coordinate model changes with local entities under Group governance.
• Support IFRS17 and SII reporting improvements and automation.

Skills

Actuarial experience

Independent working

Team collaboration

Stakeholder management

Multitasking under pressure

Mandarin language

IFRS 17 knowledge

Travel willingness

Education

Bachelor's degree in Actuarial or equivalent

Tools

Microsoft Office

Visual Basic

PowerPoint

Job description

Job Purpose

The role sits in the Regional Life Actuarial team and will be responsible to support key regional projects of enhancing actuarial model, governance and reporting, and to collaborate with the local entities in achieving these goals.

What you do

1. Actuarial model and governance:
   Support model enhancement, with a focus on asset-liability interaction and management rules
   Perform model validation to ensure minimum requirements are met
   Collaborate with local entities to enhance model documentation, including key methodologies, management actions, simplification list etc.
   Coordinate model changes from local entities and ensure alignment with the Group model governance framework
2. Reporting:
   Support reporting enhancement across entities, including movement analysis, reconciliations and driver attribution, in accordance to Group requirements and to support clearer explanation of IFRS17 and SII metrics
   Improve reporting process, leveraging on automation

What you bring

• More than 3+ years experience in insurance industry
• Bachelor's degree in Actuarial or equivalent
• At least 3+ years of working experience in Actuarial function in dynamic insurance industry
• Able to work independently
• Work well in team and good interpersonal skill is essential
• Willing to travel within Asia
• Experience in Taiwan and in consulting
• Good understanding of IFRS 17 Standards
• Experience in financial analysis and Actuarial modelling
• Proficiency in computer skills such as Microsoft Office suite, Visual Basic and PowerPoint
• AI skills, e.g. ChatGPT and Copilot an advantage
• Proven ability to multi-task and work under pressure
• Able to speak other Asian language, e.g. Mandarin
• Effective stakeholder management skills, with ability to communicate to a wide variety of levels

What we offer

• We are certified as one of The World's Best Places to Work & Great Place to Work in Singapore.
• Be part of a team that's open-minded, supportive, and genuinely focused on customer outcomes.
• A sense of belonging in the workplace, where you are welcomed and encouraged to bring your most authentic self to work.
• An employer that is committed to supporting hybrid work and readily provides flexible & remote work options.
• Access to LinkedIn Learning and Degreed and career opportunities across the world, to support yourcontinuous learning and you taking control of your career development.
• Robust and comprehensive benefit offerings for your health and well being
• Initiatives to support your financial wellness through selected discounted Allianz insurance products, pension contributions and our referral bonus scheme.
• The opportunity to take part in our Employee Share Purchase Program - own a piece of your employer.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.