Description:
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Position: Senior Actuarial Analyst
Company: Reinsurance
Location: Singapore
Job ID: 37900
Responsibilities:
- Support Solvency II, IFRS and Local Statutory reporting for APAC and MENA traditional life and financial reinsurance businesses.
- Perform regular experience monitoring, treaty performance analysis and assumption review.
- Maintain and ensure that the valuation data, model and process are up to date and with appropriate documentation.
- Coordinate with business unit and CFO department to ensure treaties are accurately set up, valued and reported.
- Support other regular reporting or ad-hoc projects and tasks when required.
- 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.
- Support the team on the financial impact assessment after implementation of the new standards for APAC and MENA businesses.
- Coordinate with central units, business units and the CFO department to ensure smooth implementation of the new standards.
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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