Senior Actuarial Reserving Specialist

AIG Asia Pacific Insurance Pte Ltd; Singapore; On-site; SGD 70,000 - 120,000; Full time

Job summary

AIG Asia Pacific Insurance Pte Ltd invites a Senior Associate, Actuarial Reserving to join the regional reserving team. You will work with analysts and actuaries to provide actuarial advice to profit centres, underwriting, finance and risk management, focusing on GAAP and IFRS 17 reporting.

You will assist in local GAAP quarterly reserving, solvency estimates, board reporting, capital targets, ALM and investment committee materials, while developing your professional qualification and exposure

Qualifications

• Mathematics/Actuarial/Statistics/Economics or related degree background with progress towards professional qualification.
• 3+ years of working experience in the General insurance industry.
• Familiarity with traditional actuarial techniques and models.
• Ability to manage multiple tasks and work as part of a team.

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

MS Excel

MS Access

VBA

SQL

Coding

Communication

Education

Mathematics/Actuarial/Statistics/Economics degree or related

Tools

Actuarial Reserving Software

Job description

AIG Asia Pacific Insurance Pte Ltd invites a Senior Associate, Actuarial Reserving to join the regional reserving team. You will work with analysts and actuaries to provide actuarial advice to profit centres, underwriting, finance and risk management, focusing on GAAP and IFRS 17 reporting.

You will assist in local GAAP quarterly reserving, solvency estimates, board reporting, capital targets, ALM and investment committee materials, while developing your professional qualification and exposure