Assistant Manager Actuarial

Income Insurance Limited; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading insurance provider in Singapore is seeking an experienced actuary to join its IFRS17 team. This role will involve developing actuarial methodologies, collaborating across teams, and analyzing IFRS17 results. Candidates should have 3-5 years of relevant experience, a bachelor's degree in actuarial science, and strong teamwork skills. The ideal individual will thrive in a dynamic environment, eager to learn and apply actuarial expertise within new accounting standards.

Qualifications

• 3-5 years of experience in life insurance actuarial functions, IFRS17 experience preferred.
• Progress in actuarial exams from a recognized international actuarial body.
• Ability to adapt and thrive in a dynamic working environment.

Responsibilities

• Develop and maintain actuarial methodologies and solutions.
• Perform analysis on IFRS17 functional results.
• Collaborate across teams to acquire relevant knowledge for IFRS17.

Skills

Actuarial methodologies

Data analysis

Critical thinking

Team collaboration

Education

Bachelor's degree in actuarial or related field

Job description

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Job Description

Income’s Actuarial team aims to create exponential value and cultivates a dynamic learning culture. We are a strong partner in enterprise-wide digitization and data initiatives, and we are looking for a strong individual for the IFRS17 team. This role will be an integral team member within the IFRS17 team in the Actuarial Department to deliver the enterprise-wide IFRS17 results.

Key Responsibilities

The key responsibilities include:

• Develop and maintain actuarial methodologies & solutions that integrate data, actuarial & accounting models
• Close collaboration across teams to acquire product or actuarial technical knowledge for IFRS17 results
• Execute and perform analysis on the IFRS17 functional results against IFRS17 requirements
• Opportunity to learn, develop and apply actuarial expertise in the new accounting standard & Stochastic Modelling

The individual is expected to be adaptable as well as open to a dynamic working environment. The candidate is expected to have the following qualities:

Candidate Qualities

• At least 3-5 years of working experience in life insurance function in actuarial, candidate who has experience in IFRS17 would have an advantage
• Bachelor's degree in actuarial or related field with good progress in actuarial exams from a recognized international actuarial body
• Detail oriented and has the ability to apply critical thinking
• Strong team player and able to communicate effectively
• Adaptable and open to a dynamic working environment and willing to explore new ways of working