Actuarial Manager - Singapore - INCOME INSURANCE LIMITED

Description

Income's Actuarial team has been at the forefront of digitisation, innovation, and embracing the future of work.

As today's business problem becoming more complex and uncertain, we acknowledge the importance of being adaptable and open to learning in solving the right problem.

We adopted agile and design-thinking principles in delivering our projects at work and play a key role in enabling the organization strategic goals.

This role will expose you to how Actuarial could take customer-centric perspectives and iterative prototyping approach to solve complex problem more effectively.

You will also get to apply new technology and data analytics to automate actuarial work as well as providing impactful insights to our business partners.

We are looking for a team player within the financial reporting team with the following key responsibilities.

The role will provide first hand exposure to chief actuary and senior management as well as opportunities to enhance actuarial technical knowledge and play a key role in adopting new technologies.

Responsibilities

Deliver management reporting on Embedded Value (EV) and New Business Embedded Value (NBEV) and highlight insights to management

As the Prophet Manager, the role is responsible in ensuring Prophet model governance framework is in line with industry best practice and upholding the standards for Prophet development work

Collaborate with Finance department to deliver business planning and forecasting key financial metrics (NBEV, Insurance Operating Results) and variance analysis

Provide guidance and review the work of team members to ensure timely and high quality deliverables

Participate in ad-hoc projects based on department priorities

Ensure deliveries follows the department's best practice on risk and compliance

Requirements

Bachelor degree in Actuarial Sciance or equivalent

Good progress in actuarial qualifications with US, UK, or Australia Actuarial Institute or newly qualified actuary

6 to 9 years of work experience in actuarial functions, preferably in financial reporting and Prophet modelling

Technical, meticulous, and able to apply critical thinking

Able to communicate in simple and concise way to stakeholders

Able to work independently and collaborate with other team members within actuarial and other departments

Adaptable, open to a dynamic working environment and willing to explore new ways of working

Experience in stochastic modelling will be a plus

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