Assistant Manager, Actuarial

The Cigna Group; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading health services company is seeking an experienced actuary in Singapore. Responsibilities include supporting valuation tasks, managing internal and external reporting, and optimizing reserving processes. The ideal candidate will have a Bachelor’s degree in Actuarial Science and at least 5 years of actuarial experience. Strong analytical and programming skills, as well as a good understanding of health insurance processes, are essential. Join us to contribute to improving lives and driving growth.

Qualifications

• 5+ years of relevant actuarial experience.
• Good knowledge of valuation and reporting process.
• Strong understanding of health insurance and healthcare systems.

Responsibilities

• Support APAC valuation tasks for Australia and Singapore.
• Assist in internal US GAAP and local statutory reporting.
• Optimize and streamline reserving processes.

Skills

Actuarial principles

Financial acumen

Analytical skills

Communication skills

Programming knowledge

Education

Bachelor’s degree in Actuarial Science

Associate level or pursuing actuarial qualifications

Tools

Excel

SQL

Alteryx

Tableau

Job description

Critical Tasks and Expected Contributions/Results:

• To support APAC valuation tasks for Australia and Singapore as follows:
• Assist in internal US GAAP reporting, local statutory reporting (e.g. ALCO and ORSA), as well as annual reserve and expense study
• Assist in setting reserves for financial close, conduct claims and loss ratio detailed movement analysis and understanding of underlying key drivers
• Assist in APAC reporting, e.g. monthly PYD computation and analysis
• Assist in IFRS17 reporting and related task including implementation and transition to business‑as‑usual process
• Assist in meeting both internal and external audit requirements for local reporting and IFRS 17 reporting
• Data preparation and assist in the development and maintenance of claims/actuarial database and analytic dashboards
• Provide support in optimizing and streamlining reserving processes. This includes proposing and implementing improvements while maintaining robust controls and proper documentation
• Participate in actuarial reserving projects and collaborate with other business functions in ad‑hoc projects to implement key strategic initiatives
• Any other ad‑hoc tasks as assigned

Key Challenges/Anticipated Changes in Environment:

• Able to juggle priorities and work under pressure to meet tight deadlines
• Have strong financial acumen and professional integrity. Able to balance and apply actuarial principles in a commercial setting

Developmental Value of Position:

• Develop the ability to work independently while taking ownership to contribute actively to a high‑performing team environment
• Cultivate a strong growth mindset to have a deep hunger and willingness to experiment, explore and broaden actuarial expertise
• Strengthen communication and interpersonal skills to productively interact with cross‑functional colleagues.

Experience/Knowledge, Education and Other Requirements:

• Bachelor’s degree in Actuarial Science or related field of study
• Associate level or candidates actively pursuing actuarial qualifications from the Society of Actuaries, Institute and Faculty of Actuaries, or comparable actuarial bodies
• 5+ years of relevant actuarial experience.
• Good knowledge and experience of valuation and reporting process
• Good understanding in health insurance, health claim process, healthcare systems, IFRS17 is a plus
• Good knowledge and strong interest in programming (e.g. Alteryx, AWS, ResQ, SQL and Tableau). Proficient in Microsoft (Excel, Access, Powerpoint etc.)
• Strong communication and presentation skills

Personal Competencies Required:

• Have good understanding of the Actuarial valuation function and operating models
• Strong analytical and numerical skills, applied to insurance and finance data domains
• Ability to apply technical knowledge and skills in automating and streamlining work processes
• Fast learner and detail oriented. Be able to complete tasks assigned accurately and in a timely manner. Be able to identify and highlight critical issues to be discussed throughout the whole process

About The Cigna Group

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.