Manager of Actuarial IFRS17 - Singapore - Randstad Pte Ltd

    Randstad Pte Ltd
    Randstad Pte Ltd Singapore

    1 month ago

    Randstad Pte Ltd background
    Full time $100,000 - $150,000 per year Insurance
    Description

    About the company
    Our client is a renowned global life insurance company, seeking aspiring actuaries to join their experienced and dynamic team under the IFRS17 department.

    About the job

    • Engage in financial impact assessment for IFRS 17 and contribute to the enhancement, development, and testing of Prophet models and relevant systems for IFRS 17 implementation.
    • Review Prophet model outcomes and modifications for IFRS 17 compliance.
    • Evaluate and adjust system outputs for IFRS 17 purposes as a subject matter expert.
    • Conduct end-to-end testing for IFRS 17 systems.
    • Address business and regulatory compliance risks, taking appropriate mitigation steps.
    • Prepare monthly new business and embedded value reports as needed and assist in the annual business planning exercise, offering detailed financial analysis and recommendations when required.
    • Stay updated on industry trends and potential threats, collaborating with internal/external stakeholders to safeguard the company and proactively share best practices.

    Skills and experience required

    • At least 4 years of actuarial experience in the life insurance sector, with practical exposure to the Prophet system.
    • Experience in project implementation and end-to-end testing is advantageous.
    • Demonstrate excellent technical, analytical, and problem-solving skills.
    • Initiate and lead discussions with stakeholders effectively.
    • Proficient in using actuarial software applications such as MS Excel and SQL.
    • Demonstrate outstanding communication and organizational skills.
    • Possess the ability to work in teams.
    • Show initiative in improving current processes and adaptability to change.

    To apply online please use the 'apply' function, alternatively you may contact Lynette Lim.
    (EA: 94C3609/ R