Senior Actuarial Reserving Lead, APAC

American International Group, Inc.; Singapore; On-site; SGD 100,000 - 180,000; Full time

Benefits offered by this job

Total Rewards Program

Employee Resource Groups (ERGs)

In-person collaboration

Job summary

American International Group, Inc. (AIG) in Singapore is seeking a Senior Associate, Actuarial Reserving to support local GAAP quarterly reserving and solvency estimates, as well as US GAAP and IFRS 17 reporting.

You will work with analysts and actuaries across regions to provide actuarial advice to business functions including profit centers, underwriting, finance, and risk management. The role requires a degree in Mathematics/Actuarial/Statistics/Economics or related field, progress toward

Qualifications

• Candidate with Mathematics/Actuarial/Statistics/Economics or related degree background, with some progress towards pursuing a professional actuarial qualification
• 3+ years of working experience in the General insurance industry
• Familiarity with traditional actuarial techniques and models
• Ability to manage multiple tasks simultaneously
• Ability to work as part of a team as well as take responsibility for his individual contribution
• Ability to meet tight deadlines and prioritize own work
• Effective time management and strong communication skills
• Ability to forge relationships with other areas of the business
• Working knowledge on typical actuarial reserving software
• Strong knowledge of MS Excel and MS Access, knowledge of VBA & SQL, and suitable coding languages

Responsibilities

• Assist in local GAAP quarterly reserving and solvency estimates for local regulatory reporting for assigned APAC countries
• Assist in preparation of US GAAP quarterly management results
• Assist in preparation of annual Detailed Valuation Reviews, Insurance Liability Valuation Report and Financial Condition Report / ORSA / Stress testing
• Assist in preparation of quarterly Board and Risk committee reporting
• Assist in reviewing capital targets and investment strategies including ALM
• Assist in preparation of quarterly Investment Committee reports
• Provide support to the budget loss ratio exercise and annual financial planning
• Assist in supporting strategic portfolio reviews and deep dive analyses of certain business segments
• Assist with implementation of IFRS 17 reporting requirements
• Assist in other ad-hoc analyses as required

Skills

Actuarial/Statistics background

MS Excel

MS Access

SQL/VBA

Team collaboration

Communication skills

Regulatory reporting

Education

Mathematics/Actuarial/Statistics/Economics degree

Tools

SQL

VBA

Excel

MS Access

Actuarial software

Job description

American International Group, Inc. (AIG) in Singapore is seeking a Senior Associate, Actuarial Reserving to support local GAAP quarterly reserving and solvency estimates, as well as US GAAP and IFRS 17 reporting.

You will work with analysts and actuaries across regions to provide actuarial advice to business functions including profit centers, underwriting, finance, and risk management. The role requires a degree in Mathematics/Actuarial/Statistics/Economics or related field, progress toward