Manager/ Assistant Manager, Actuarial

Manulife; Singapore; Hybrid; SGD 70,000 - 90,000; Full time

Job summary

A leading financial services provider in Singapore is seeking an experienced actuary to shape the strategy of their Indexed Universal Life product. The role involves driving valuation insights, supporting product development, and ensuring regulatory compliance. Candidates should have a relevant degree, solid actuarial experience, and proficiency in statistical software. The position offers a hybrid work model with opportunities for career growth.

Benefits

Flexible work environment

Career development opportunities

Inclusive workplace culture

Qualifications

• At least 5 years of actuarial valuation experience.
• Proficient in statistical and actuarial software.

Responsibilities

• Support valuation process for IUL product.
• Review product assumptions and monitor yield.

Skills

Analytical skills

Problem-solving skills

Communication skills

Attention to detail

Teamwork

Education

Bachelor’s degree in Actuarial Science

Good progress with actuarial exams

Tools

Excel

SQL

Access

AXIS

Job description

This new actuarial role presents an exciting opportunity to shape the future of our Indexed Universal Life (IUL) product strategy by driving valuation insights and supporting key product development decisions. As part of our mission to deliver innovative and financially sound solutions, this role will contribute directly to ensuring robust modeling, regulatory compliance, and effective risk management.

The successful candidate will gain exposure to strategic initiatives, cross-functional collaboration, and the chance to influence new product implementation. With a supportive and inclusive environment, they’ll be empowered to grow their career while making a meaningful impact.

Position Responsibilities

• Assessment of the RBC2 valuation process impact during the IUL product discussion stage
• Review product assumptions
• Support UL committee work and regular monitoring of the new money yield and hedging effectiveness.
• Support the management of cap rate and earned spread review
• Support MLRL monitoring of new products including capital relief
• Work with VSSC on the modelling solutions for the IUL products and to ensure successful new product implementation into the models
• Provide audit support and address audit queries on new assumptions/ methodologies/ processes/ reinsurance arrangements
• Ensure compliance to statutory regulations, relevant actuarial standards and company policies.
• Support ad-hoc projects

Required Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field
• Good progress with actuarial exams from a recognized Actuarial examination body.
• At least 5 years of actuarial valuation experience.
• Strong analytical and problem-solving skills
• Excellent communication skills, both written and spoken.
• Attention to detail and ability to work independently and as part of a team
• Proficiency in statistical and actuarial software (e.g., Excel, SQL, Access, etc)
• Working knowledge of AXIS will be an advantage

When you join our team

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

Acerca de Manulife y John Hancock

Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com.

Manulife es un empleador que ofrece igualdad de oportunidades

En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.

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