Position:	Actuarial Analyst

Company:	Insurance

Location:	Singapore

Job ID:		38256


Responsibilities:

- Comply with internal model governance and validation policies. This includes reviewing procedures to maintain model integrity and appropriate model documentation.
- Modify and enhance the Prophet valuation system for reporting and capital frameworks, including IFRS17 and RBC2, ensuring accuracy and consistency of the results.
- Explore areas for enhancement to raise the standard of current modelling process. This includes standardising coding structures and improving model efficiency.
- Participate in projects related to Prophet.
- Provide technical support to internal model users.
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.

Qualifications:

- Degree holder in Actuarial Science and with good progress in Actuarial exams.
- At least 1 year of working experience in Actuarial field.
- Experienced with Actuarial modeling.
- Familiarity with Singapore RBC regulations and IFRS 17 is an advantage.
- Good in formulas and problem solving.
- Proficient at Actuarial work applications such as Prophet, MS Excel and MS Access.
- Proficient at Actuarial reserving and embedded value concepts.
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Take initiative to improve current state of things and adaptable to embrace new changes.