Actuarial Analyst - Singapore - Swiss Re

Swiss Re Singapore

3 weeks ago

Description

About Risk Management

We live in turbulent and uncertain times, and Swiss Re's vision of making the world more resilient through both our investment and our business activities is needed now more than ever. Risk Management is uniquely positioned to help make Swiss Re itself more resilient, enriching risk taking by using our accumulated risk knowledge, perspective, and experience. We help identify risks worth taking as well as steer away from risks that could destabilise the business. We deliver accurate valuations of the business to ensure appropriate reserves are available as well as providing in depth views on how business is performing. In other words, we help ensure the profitability of Swiss Re so that we're around long-term to honour our promises.

About the Team

L&H Valuation forms part of the L&H Chief Risk Officer unit. The teams are accountable for independent valuation of Swiss Re's L&H business globally, with US GAAP reserves of more than USD20bn.

The L&H Valuation and Analysis Team is responsible for the production and analysis of quarterly and annual reserves for the Life & Health Reinsurance business written by Swiss Re. This includes business written across the world and covers all the lines of business that fall into L&H – mortality, CI, DI, longevity, as well as additional 'complex' products such as those with financial risk.

As well as production of the numbers, the team is responsible for ensuring timely and accurate information is fed back to the market units to ensure proactive decisions are taken to steer the L&H business in the best possible way

About the Role (Contract duration: 1.5 years)

This role is a key contributor to the development and implementation of processes for the International Financial Reporting Standard ("IFRS") 17 accounting standards for the Asia business.

Your main responsibilities will include implementation of IFRS reporting, including quantification of impacts, process set up, documentation and handover. Additionally, you will contribute to development and provision of the training process for the Asia actuarial team for IFRS17 reporting.

The key activities of the L&H Valuation team that you will be primarily responsible include:

Support the production/review of the balance sheet and earnings under IFRS17
Contributing to the establishment of a new IFRS17 end-to-end reporting process.
Assisting in review and comment on global IFRS17 implementation approach in various areas.
Support IFRS17 training and engage Actuarial team to prepare for the implementation. Understand the impact to earnings and balance sheet and provide insight to management
Communicate the issues/challenges with senior actuaries or stakeholders on time
Ad hoc assistance when needed for quarterly reserving and reporting processes of Asia business
Assist in in-force data quality and proper determination of policy liabilities for Singapore Statutory

About You

Strong knowledge and working experience in L&H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role;
At least 3+ years of L&H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy;
Attained or close to attaining fellowship in actuarial examinations;
Excellent interpersonal, communication, organisational skills;
Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;
A good understanding of IFRS 17 and MCEV. Knowledge in Singapore local reserving standard would be considered an advantage;
Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Keywords:
Reference Code: 129185

Actuarial Analyst

2 weeks ago

Encora Singapore

Important Information · Location: Singapore · Experience: 4 years · Job Mode: Full-time · Job Summary · The Actuarial analyst will be responsible for the Conversion of existing Python scripts (in AWS) specific to Life and Health Actuarial teams to Google Big Query SQL · Responsib ...
Actuarial Analyst

1 week ago

AIA Singapore

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. · - It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of some ...
Actuarial Analyst

3 weeks ago

Munich Re Singapore

Actuarial Analyst (Actuarial Modelling and Experience Study Team) · **Company** · Munich Re · **Location** · Singapore, Singapore · Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. A unique position exists ...
Actuarial Analyst

2 weeks ago

Munich Re Singapore

**(Senior) Actuarial Analyst**: · **Location** · Singapore, Singapore · Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. A unique position exists to be a part of that global success story. · Reporting to t ...
Actuarial Analyst

3 weeks ago

Swiss RE Singapore

**Position summary**: · Swiss Re is seeking an actuarial analyst with strong coding experience, or an experienced coding expert with P&C insurance experience to join its regional actuarial team in Singapore, Hong Kong or Seoul, reporting to the Corporate Actuary, Swiss Re Asia. · ...
Actuarial Analyst

2 weeks ago

PartnerRe Singapore

**Company Description** · PartnerRe is a leading global reinsurer that was established in 1993, in the aftermath of Hurricane Andrew, to bring much-needed capacity to a market in crisis, helping insurers to provide continuity to their clients. Though we have evolved continuously ...
Analyst, Actuarial

1 week ago

AIA Singapore

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. · - As pioneering innovators for over 100 years, we're now transforming our organisation to be faster, simpler and more connected. Because we want to be even better equipped to ...
Actuarial Analyst, Actuarial Pricing

2 weeks ago

Morgan McKinley Singapore

Actuarial Analyst, Actuarial Pricing · **Job Description**: · - The job holder is responsible for end to end pricing and implementation of new products. The role is expected to assist the Actuarial Pricing leads and participate actively in end to end actuarial pricing process, wh ...
Actuarial Analyst

1 week ago

Argyll Scott MY Singapore

**New** · **Location**: · *** · **Singapore** · *** · **Salary**: · *** · **S$ S$ per month per month** · *** · **Job Type**: · **Contract** · **Sector**: Accounting & Finance, Advanced Analytics & Data Science, Business Transformation, Insurance and Financial Services · **Functi ...
Actuarial Analyst

1 week ago

Argyll Scott Singapore

Actuarial Analyst - Actuarial Pricing · Principle Responsibilities · The jobholder is responsible for end-to-end Pricing and implementation of new products. The role is expected to assist the Actuarial Pricing leads and participate actively in end-to-end actuarial pricing process ...
Actuarial Analyst

3 days ago

Munich Re Singapore

Actuarial Analyst · **Company** · Munich Re · **Location** · Singapore, Singapore · Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. A unique position exists to be a part of that global success story. · Th ...
Actuarial Analyst

3 weeks ago

Allianz Partners Singapore

**What you do** · You will be working as the Corporate Actuarial, part of the Finance division, and your function will be to operate globally with a direct relevance to the business, following the practices of Technical Excellence in the Allianz Group. This role is based in the S ...
Actuarial Analyst

1 week ago

GRAVITAS RECRUITMENT GROUP (SG) PTE. LTD. Singapore

Our client, a leading reinsurer, is expanding their Southeast Asia team. They are seeking for an outstanding individual to join their **Actuarial Data team **. This opportunity enables you to develop your expertise in data analysis, visualization, and automation while being part ...
Actuarial Analyst

2 weeks ago

halcyonknights Singapore

**Job Requirements**: · Contract: 12 months initially · Eligibility**:Australian Citizens** · Location: Surry Hills NSW, Adelaide, Melbourne and Dandenong VIC - hybrid/WFH for each · **Responsibilities**: · - Extracting, cleansing, and preparing data · - Using Microsoft Excel and ...
Actuarial Analyst, Actuarial Pricing

2 days ago

Morgan McKinley Singapore

Actuarial Analyst, Actuarial Pricing · - The job holder is responsible for end to end pricing and implementation of new products. The role is expected to assist the Actuarial Pricing leads and participate actively in end to end actuarial pricing process, which includes executing ...
Actuarial Analyst

2 weeks ago

Page Personnel Singapore

Exciting opportunity to join a leading insurance provider · - 12 months renewable/convertible contract · **About Our Client**: · My client is a life insurance provided by a prominent international bank, the bank dwells into financial services, including banking, investment, and i ...
Actuarial Analyst

3 weeks ago

halcyonknights Singapore

**Job Requirements**: · Contract: 12 months with 12 month option · Eligibility**:Australian Citizens** · Location: Surry Hills NSW, Richmond VIC and Geelong VIC - hybrid/WFH for each · **Responsibilities**: · - Extracting, cleansing, and preparing data · - Using Microsoft Office ...
Actuarial Analyst

1 week ago

Aspen Insurance Holdings Singapore

**Date**:May 18, 2024 · **Location**: Singapore, SG, Singapore · **Company**:Aspen Insurance · Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for ...
Actuarial Analyst

3 weeks ago

EVO OUTSOURCING SOLUTIONS PTE. LTD. Singapore

**Responsibilities**: · - Setting-up products in the product engine, which includes formula coding and product table set-ups. · - Support the testing of products in the product engine. · - Work with business SMEs (Actuarial Pricing team, Product Implementation team, IT team) to t ...
Actuarial, Analyst

2 days ago

AIA Singapore

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. · - It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of some ...