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Job ID: 35015
Job Openings by Title Senior Actuarial Analyst
Location Singapore
Description:
Position:	Senior Actuarial Analyst

Company:	Reinsurance

Location:	Singapore

Job ID:		35015


Responsibilities:

- IFRS 17 & IFRS 9 Implementation:
- Maintain knowledge of latest developments of IFRS 17 & IFRS 9 in the re/insurance industry across various markets.
- Participate in the interpretation of the new standards and collaborate with central units to develop internal methodological paper and accounting memos.
- Perform gap analysis on data, process and system requirements for IFRS 17 & IFRS 9 implementation.
- Develop and implement the plan to close the DSP gaps to ensure smooth implementation of the new standards.
- Perform the financial impact assessment at the transition and after implementation of the new standards for all LH Asia + MENA portfolios.
- Coordinate with central units, business units and the CFO department to ensure smooth implementation of local IFRS 17 & IFRS 9 standards in affected Asian entities of the company.
- Provide training to various stakeholders in understanding the new standards and support business development activities when required.
- Support regular Solvency II, IFRS and Local Statutory reporting for APAC and MENA markets.
- Support other regular reporting or ad-hoc projects and tasks when required.

Qualifications:

- Degree in Actuarial Science, Mathematics or Statistics.
- 3 to 5 years’ actuarial experience, preferably within the valuation function of life insurance and / or reinsurance industries.
- Strong analytical, problem solving, research and project management skills.
- Excellent verbal and written communication skills.
- Proficiency in Excel, VBA and database management systems.
- Knowledge of IFRS 17 and IFRS 9 standards is an advantage.
- Knowledge of AXIS is an advantage.
- Knowledge of Solvency II, IFRS and Statutory Reporting in Asian markets is an advantage.
- Working knowledge of traditional life and financial reinsurance business is an advantage.


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