Assistant Manager, Capital & Risk Modelling (Non-Life)

Randstad Singapore; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Randstad Singapore on behalf of a leading general insurer seeks a technically driven actuarial professional to contribute to capital modelling, solvency assessment and risk analysis.

The role focuses on applying actuarial and quantitative skills to capital modelling, risk measurement and regulatory capital within the general insurance sector, collaborating with cross-functional teams to strengthen capital resilience.

Qualifications

• Degree in Actuarial Science, Mathematics, Statistics or a related discipline.
• Progress towards or completion of a recognised actuarial qualification.
• Relevant general insurance experience, ideally in capital modelling or solvency assessment.
• Understanding of insurance capital frameworks; RBC2 knowledge is advantageous.
• Experience in stress testing, scenario analysis or model development.
• Strong analytical skills and proficiency in Excel, R, Python or SQL.

Responsibilities

• Conduct capital modelling and quantitative risk analysis to assess risk exposures and capital adequacy.
• Perform stress testing and scenario analysis to evaluate adverse events on the insurer's finances.
• Develop, enhance and maintain capital and risk models and review methodologies.
• Support solvency assessments and regulatory capital requirements and ORSA where applicable.
• Translate modelling results into insights to support capital management and risk decisions.
• Collaborate with actuarial, finance and risk stakeholders to enhance modelling processes.

Skills

Actuarial degree

RBC2 knowledge

Stress testing

Quantitative analysis

Analytical skills

Excel

Education

Degree in Actuarial Science or related

Progress towards or completion of actuarial qualification

Tools

Excel

R

Python

SQL

Job description

About the company

Our client is an established general insurance player focused on maintaining strong capital adequacy and effective risk management. As its business continue to strengthen and evolve its risk modelling capabilties, they are looking for a technically driven actuarial professional to contribute to its financial resilience and capital management.

About the job

This role offers an opportunity to apply your actuarial and quantitative skills to capital modelling, solvency assessment and risk analysis within the general insurance industry.

Key responsibilities include:

• Conduct capital modelling and quantitative risk analysis to assess risk exposures and capital adequacy.
• Perform stress testing and scenario analysis to evaluate the impact of adverse events on the insurer's financial position.
• Develop, enhance and maintain capital and risk models, including reviewing methodologies and assumptions.
• Support solvency assessments, regulatory capital requirements and ORSA, where applicable.
• Translate modelling results into insights to support capital management and risk decisions.
• Collaborate with actuarial, finance and risk stakeholders to enhance modelling processes and analytical capabilities.

Skills and experience required

• Degree in Actuarial Science, Mathematics, Statistics or a related discipline.
• Progress towards or completion of a recognised actuarial qualification.
• Relevant general insurance experience, ideally in capital modelling, quantitative risk or solvency assessment.
• Understanding of insurance capital frameworks and risk measurement methodologies; Singapore RBC2 knowledge is advantageous where relevant.
• Experience in stress testing, scenario analysis or actuarial model development.
• Strong analytical skills and proficiency in relevant tools such as Excel, R, Python or SQL.