Senior Analyst Actuarial

Transamerica Life Bermuda; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

An international life insurance company is seeking an experienced Actuarial professional in Singapore. The role involves supporting MAS financial reporting, conducting actuarial modeling, and assisting in business planning. Candidates should have at least 3 years of actuarial experience, strong proficiency in programming (especially VBA), and a solid understanding of Singapore's regulatory framework. The position offers an attractive remuneration package and career growth opportunities.

Benefits

Performance bonus

5-day work week

Medical and dental insurance

Career prospects

Qualifications

• At least 3 years of relevant actuarial experience preferred.
• Highly proficient in actuarial modeling and programming languages like VBA.
• Possess strong knowledge of Singapore's regulatory framework.

Responsibilities

• Support delivery of MAS financial reporting and assist in actuarial modeling work.
• Perform monthly Group financial reporting and assist in business planning.
• Support the Actuarial Manager in the team’s performance targets.

Skills

Actuarial modeling

Programming in VBA

Financial reporting

Communication skills

Time management

Education

Degree in actuarial science or related field

Tools

RAFM

Prophet

Job description

Job Summary

Primarily responsible for preparing the timely and accurate delivery of Singapore regulatory and internal Group financial reports. The role involves working with other actuarial team members in such areas as statutory valuation, capital management, business planning, ORSA, profitability and pricing support and other ad-hoc actuarial and product related projects as they arise.

Responsibilities

• Provide support to the delivery of MAS financial reporting – quarterly and annually.
• Perform monthly Group financial reporting in line with the Group’s standard framework.
• Assist in actuarial modeling work related to the centralized valuation and capital model.
• Assist in the annual business planning and budgeting exercise.
• Assist in the production of the company’s annual ORSA exercise and other stress testing assignments.
• Support other ad-hoc actuarial related projects e.g. capital management (e.g. RBC2), profitability analysis, profit-testing, product development, experience analysis, risk management, etc.
• Support the Actuarial Manager in the overall delivery of the team’s business performance targets.
• Handle special project and/or other assignments as delegated

Requirements

• Degree holder in actuarial science, mathematics, statistics or relevant disciplines.
• At least 3 years of relevant actuarial experience preferred. For less experienced candidates, the role may be offered at a lower level.
• Highly proficient and strong experience in modeling is preferred (RAFM, Prophet or other actuarial software).
• Highly proficient in programming languages, esp. VBA.
• Possess deep knowledge of Singapore’s regulatory framework especially in the areas of MAS reporting.
• Energetic, self-motivated and dynamic individual.
• Team player who contributes and puts the interests of the team first.
• Strong communication skills including written reports and business proposals.
• Good time management – can manage multiple tasks at the same time, be able to set and adjust priorities

We offer attractive remuneration package including performance bonus, 5-day work week, fringe benefits (medical, dental, life insurance) and good career prospect to the right candidate.

Interested candidates are invited to submit the application with detailed resume stating educational background, working experience, current and expected salaries and contact number.

Your application will be treated in strict confidence. Only shortlisted candidates will be notified.

Personal data collected will be used for recruitment purposes.

Personal data of unsuccessful applicants may be retained up to two years only.