Junior Actuary – Financial Solutions

LMA Recruitment; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A financial solutions company in Singapore seeks a highly motivated Actuary to join its Financial Solutions department. This role involves optimizing data on performance and profitability, providing actuarial insights, and supporting strategic decisions across multiple markets. The ideal candidate will have a Bachelor's degree in Actuarial Science, 2+ years of experience, and excellent analytical skills. Join us to enhance our inforce portfolio performance.

Qualifications

• 2+ years of actuarial experience, preferably within life insurance, reinsurance, or financial solutions.
• Proficiency in actuarial modeling software and data analysis tools.
• Ability to work effectively in a regional, cross‑functional environment.

Responsibilities

• Execute actuarial analysis and experience studies for performance and risk management.
• Maintain financial models for profitability and capital efficiency.
• Collaborate to identify opportunities for value enhancement.
• Provide actuarial input for management reporting and strategic planning.

Skills

Actuarial modeling software

Data analysis tools

Strong technical skills

Excellent communication skills

Education

Bachelor’s degree in Actuarial Science

Qualified or near‑qualified actuary

Tools

Data analysis tools

Job description

Overview

We are seeking a highly motivated Actuary to join our client's Financial Solutions department, covering a regional portfolio. The role will be instrumental in optimizing the data on performance and profitability of existing business, providing actuarial insights, and supporting strategic decision-making across multiple markets.

Key Responsibilities

• Execute actuarial analysis and experience studies to support inforce portfolio performance and risk management.
• Maintain financial models to assess profitability, capital efficiency, and reserve adequacy.
• Collaborate with regional and local teams to identify opportunities for value enhancement within inforce blocks.
• Provide actuarial input for management reporting, assumption setting, and strategic planning.

Qualifications

• Bachelor’s degree in Actuarial Science
• Qualified or near‑qualified actuary
• 2+ years of actuarial experience, preferably within life insurance, reinsurance, or financial solutions.
• Strong technical and analytical skills, with proficiency in actuarial modeling software and data analysis tools.
• Excellent communication skills and ability to work effectively in a regional, cross‑functional environment.