Assistant Manager/Senior Executive, Actuarial (GI IFRS17)

INCOME INSURANCE LIMITED; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A dynamic insurance company in Singapore is looking for an experienced professional to join their Actuarial team. In this role, you will support IFRS 17 financial reporting, enhance actuarial models, and perform critical analyses to guide business decisions. The ideal candidate will have a Bachelor's degree in actuarial science, at least 4-5 years of relevant experience in General Insurance, and proficiency in Microsoft Office and Alteryx. Adaptability and strong analytical skills are essential for success in this dynamic environment.

Qualifications

• Good progress in actuarial qualifications (IFoA, SoA, IoAA, CAS).
• 4-5 years of experience in General Insurance reserving and financial reporting.
• Experience in IFRS 17 reporting is an advantage.

Responsibilities

• Accountable for timeliness and accuracy of IFRS 17 financial reporting.
• Develop, maintain, and validate actuarial models for IFRS 17.
• Perform technical analyses on financial results for business decision-making.
• Contribute to IFRS 17 actuarial reports and disclosures.
• Enhance IFRS 17 models and automate actuarial work processes.
• Support audit processes for IFRS 17 reporting.

Skills

IFRS

Microsoft Office

Analytical Skills

Alteryx

Adaptable

Customer-focused

Actuarial Science

Compliance

General Insurance

Team Player

Audit

Financial Reporting

Education

Bachelor's degree in actuarial science or equivalent

Tools

Alteryx

Job description

Roles & Responsibilities

Income Insurance Actuarial team aims to create exponential value and cultivates a dynamic learning culture. We are a strong partner with other departments to transform and innovate the delivery of simple, honest and customer-focused insurance solutions. You will be an integral member of the Actuarial General Insurance Team who will work in collaboration with other key team members, the Finance, Business & Claim Departments on key functions pertaining to General Insurance IFRS 17 reporting.

Key Responsibilities

• Accountable for the timeliness and accuracy of IFRS 17 financial reporting deliveries, in compliance with accounting standards.
• Develop, maintain, and validate actuarial models and assumptions used in IFRS 17 calculations.
• Perform technical actuarial analyses on the financial results, provide insights to support business decision-making.
• Contribute to the preparation of IFRS 17 actuarial reports and disclosures for internal and external stakeholders.
• Develop and enhance IFRS 17 models and workflows to automate actuarial work processes.
• Support audit processes related to IFRS 17 actuarial reporting.

Requirements

• Bachelor's degree in actuarial science or equivalent with good progress in actuarial qualifications (IFoA, SoA, IoAA, CAS)
• At least 4-5 years of relevant experience in General Insurance reserving and financial reporting actuarial functions
• Proficient with Microsoft Office and data software such as Alteryx
• Experience in IFRS 17 reporting or involvement in IFRS 17-related projects will be an advantage
• Strong team player who is adaptable, open to a dynamic working environment and willing to explore new ways of working
• Meticulous and strong analytical skills

Tell employers what skills you have

• IFRS
• Microsoft Office
• Analytical Skills
• Alteryx
• Adaptable
• Customerfocused
• Actuarial Science
• Compliance
• General Insurance
• Team Player
• Audit
• Financial Reporting