APAC Regional Reserving Actuary

AIG; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A leading global insurance company in Singapore is seeking an APAC Regional Reserving Actuary. This role involves coordinating US GAAP management reporting, overseeing reserving frameworks, and leading a high-performance culture within the team. Candidates should have a relevant actuarial qualification and strong general insurance reserving experience. The position offers comprehensive benefits focused on health, financial security, and professional development.

Benefits

Comprehensive benefits program

Professional development opportunities

Qualifications

• Relevant Actuarial qualification (Fellow) with the Institute of Actuaries of Australia or equivalent body.
• Strong general insurance reserving experience, preferably in long tail lines.
• Proficiency in actuarial concepts to educate non-technical managers.

Responsibilities

• Coordinate US GAAP quarterly management reporting requirements.
• Oversee transformation of USGAAP management reporting and reserving frameworks.
• Develop and maintain reserving analytics dashboards and KPIs.
• Provide certifying actuary support for AIG Singapore’s Board.

Skills

Stakeholder engagement skills

Team leadership

Analytical mindset

Time management

Education

Relevant Actuarial qualification (Fellow)

Job description

Actuarial Opportunity

At AIG, we are reimagining the way we help customers to manage risk. Join us as an APAC Regional Reserving Actuary to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Impact

• Coordinate US GAAP quarterly management reporting requirements with the regional tower leads.
• Oversee and execute transformation of existing end-to-end USGAAP management reporting and local statutory reserving frameworks to unlock efficiencies and actionable insights.
• Develop and maintain reserving analytics dashboards and KPIs.
• Provide certifying actuary support for AIG Singapore’s Board and Risk committees.
• Collaborate with Claims, Underwriting, Finance and Business functions as the regional reserving lead for one of the key reserving portfolios and provide insights that will drive portfolio performance and growth.
• Collaborate with Finance and Pricing to provide peer review support on the budget loss ratio exercise and financial planning as the regional reserving lead for one of the key reserving portfolios.
• Provide leadership and drive a performance culture in the team.

Qualifications

• Relevant Actuarial qualification (Fellow) with the Institute of Actuaries of Australia or equivalent body.
• Strong general insurance reserving experience, preferably in long tail lines.
• Demonstrated stakeholder engagement skills with a strategic mindset.
• Ability to drive a high-performance culture in a team with a mindset to constantly improve existing processes.
• Proficiency in actuarial concepts and ability to educate non-technical managers on technical areas that enhance their decision-making ability.
• Ability to manage multiple tasks simultaneously.
• Ability to work as part of a team as well as take responsibility for his individual contribution.
• Ability to forge relationships with other areas of the business.

Benefits

AIG’s Total Rewards Program offers comprehensive benefits focused on your health, wellbeing and financial security, as well as professional development to bring peace of mind to you and your family.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender expression, national origin, veteran status, disability or any other legally protected categories.