Senior Actuarial Analyst, IFRS17 & FinRe

Munich Reinsurance; Singapore; Presencial; SGD 120.000 - 180.000; Jornada completa

Descripción de la vacante

Munich Reinsurance in Singapore is seeking a skilled valuation professional to lead IFRS 17 and MAS valuation activity for FinRe treaties. You will analyze financial results, understand FinRe structures, and support MAS stress testing, ORSA, and capital planning while collaborating with regional teams to drive reporting improvements.

Applicants should have 3+ years in valuation, strong Excel skills (VBA/SQL advantageous), and a solid grasp of MAS/IFRS 17 standards.

Formación

• Valuation experience of at least 3 years.
• Strong understanding of actuarial valuation and financial reporting principles.
• Basic knowledge of MAS and IFRS 17 standards.
• Strong analytical and problem-solving skills to explain financial results.
• Strong communication and stakeholder management skills.
• Ability to work in a deadline-driven reporting environment.
• Proficiency in Microsoft Excel; VBA/SQL experience is advantageous.
• Experience with FinRe or regulatory reporting is an advantage.

Responsabilidades

• Lead and manage quarterly and annual IFRS 17 and MAS valuation and reporting activities for FinRe treaties.
• Analyze and explain financial results and key movements for existing FinRe treaties.
• Develop understanding of FinRe treaty structures and how their economics are reflected under IFRS 17 and local regulatory reporting.
• Support MAS Stress Testing, ORSA, and Capital Planning activities, including analysis of the impact on the Singapore branch.
• Work closely with regional Valuation and FinRe teams on financial reporting and business developments.
• Support local and Group audit requirements.
• Drive continuous improvement and automation of valuation and reporting processes.
• Participate in broader Valuation Enhancement initiatives and cross-functional projects.

Conocimientos

Analytical skills

Communication

Stakeholder management

Deadline-driven

Educación

Bachelor's/Master's in Actuarial Science/Math/Statistics

Herramientas

Microsoft Excel

VBA

SQL

Automation tools

Descripción del empleo

This role provides an opportunity to develop expertise across local IFRS 17 and MAS reporting, regulatory valuation, and Financial Reinsurance (FinRe) for Munich Re's Singapore Life & Health business.

Reporting to the Head of MRS Valuation, you will lead and manage key valuation and reporting processes, analyse the financial performance of FinRe treaties, and work closely with regional Valuation and FinRe teams.

This role offers the opportunity to develop specialist expertise in SFRS(I) 17 and Financial Reinsurance, gain exposure to financial reporting and regulatory capital activities such as ORSA, stress testing and capital planning, collaborate with regional actuarial and FinRe specialists, lead key reporting processes and process improvement initiatives, and communicate financial insights and FinRe performance directly to the Appointed Actuary.

• Lead and manage quarterly and annual IFRS 17 and MAS valuation and reporting activities for FinRe treaties.
• Analyse and explain financial results and key movements for existing FinRe treaties, including emerging experience and financial impacts.
• Develop a strong understanding of FinRe treaty structures and how their economics are reflected under IFRS 17 and local regulatory reporting.
• Support MAS Stress Testing, ORSA, and Capital Planning activities, including analysis of the impact on the Singapore branch.
• Work closely with regional Valuation and FinRe teams on financial reporting and business developments.
• Support local and Group audit requirements.
• Drive continuous improvement and automation of valuation and reporting processes.
• Participate in broader Valuation Enhancement initiatives and cross-functional projects.

Your Profile

• Bachelor's or Master's Degree in Actuarial Science, Mathematics, or Statistics.
• At least 3 years of valuation experience.
• Good understanding of actuarial valuation and financial reporting principles.
• Basic knowledge of MAS and IFRS 17 standards.
• Strong analytical and problem-solving skills, with the ability to understand and explain financial results.
• Strong communication and stakeholder management skills.
• Ability to work effectively in a deadline-driven reporting environment.
• Strong proficiency in Microsoft Excel; experience with VBA, SQL, and/or other automation or data tools would be an advantage.
• Experience with FinRe or regulatory reporting would be an advantage.

We see DEI as a business imperative, helping us to attract, grow and inspire a diverse, inclusive, and equitable workforce that better enable us to serve our customers, investors, and communities. Globally, we strive to build balanced teams across all aspects of difference. If you are interested in the role and believe you could contribute, we encourage you to apply even if your experience doesn't perfectly match every qualification.