Assistant Actuarial Manager

MUNICH MANAGEMENT PTE. LTD.; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A global reinsurance provider in Singapore is looking for a highly motivated Assistant Actuarial Manager to join their team. The role involves leading reporting processes, conducting analyses, and providing insights into key financial drivers. Candidates should have over 5 years of actuarial experience and a strong understanding of IFRS 17. This position offers an excellent opportunity for professional growth within the organization.

Qualifications

• Minimum of 5 years of relevant actuarial experience, with strong progress in actuarial examinations.
• Solid understanding of IFRS 17 and Solvency II reporting frameworks.
• Proven ability to manage and resolve conflicts constructively.

Responsibilities

• Lead the integration of South Africa's reporting processes into the regional framework.
• Conduct in-depth analysis and provide actionable insights into key drivers of financial results.
• Be the first line reviewer of Munich Re's South Africa business.

Skills

Analytical skills

Problem-solving skills

Communication skills

Attention to detail

Proficiency in Microsoft Excel

Education

Relevant actuarial experience (5+ years)

Tools

VBA

R

Python

SQL

SQL

Job description

Munich Re is one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions. With a global presence and a commitment to innovation and excellence, we offer a unique opportunity to contribute to our continued success.

We are seeking a highly motivated and experienced Assistant Actuarial Manager to join our Central Life Reserving (CLR) team. This role offers the opportunity to collaborate across multiple business units in Asia, MENA, South Africa, and Australia, supporting the consolidation and enhancement of regional reporting and analysis processes.

Your Role

Reporting and Analysis:

• Lead the integration of South Africa’s reporting processes into the regional framework, identifying and implementing efficiencies.
• Assess and enhance regional reporting processes to meet the evolving needs of local offices.
• Support the development and implementation of standardized procedures for timely and effective result analysis.
• Conduct in-depth analysis and provide actionable insights into key drivers of financial results.

Review and Support:

• Be the first line reviewer of Munich Re’s South Africa business.
• Support the review of other business units across Asia Pacific.

Technical Expertise:

• Serve as the technical expert on the systems and tools within the job function.

Your Profile:

• Minimum of 5 years of relevant actuarial experience, with strong progress in actuarial examinations.
• Solid understanding of IFRS 17 and Solvency II reporting frameworks.
• Strong analytical and problem-solving skills, with a keen eye for detail.
• Excellent written and verbal communication skills, with the ability to convey complex concepts clearly.
• Proven ability to manage and resolve conflicts constructively.
• Proficiency in Microsoft Excel; experience with programming languages such as VBA, R, Python, or SQL is highly desirable.