Valuation Actuary, APAC Life

3 weeks ago

Singapore Scor Full time
Job Description

In this exciting and fast-paced role you will be working across APAC (including China, North Asia, South Asia & ANZ) supporting the Head of L&H Actuarial, APAC in the management of all L&H group reserving activities with a key focus on IFRS17, Solvency II and any other projects. You will have a high degree of responsibility and autonomy whilst undertaking and leading key projects within the team.

You will also liaise with the auditors on various requirements for the APAC markets.

The APAC Actuarial reserving team is based in SCOR's offices in Singapore, Sydney, Beijing and Seoul, and covers the Life & Health business. This includes business written in c.30 countries and 13 legal entities in the region. We are a diverse and engaged team, providing expert actuarial analysis and insight for our stakeholders. The department is led by the Chief Reserving Actuary for Asia Pacific.

Responsibilities

Key Responsibilities
  • Provide value adding insight on the drivers of financial performance, movements in IFRS and SII results, experience emergence, and recommendations for management actions.
  • Provide oversight of the production of L&H reserves for Group results (IFRS 17, SII) each quarter, participating in the landing process and ensuring the results are robust.
  • Be the key member for a project where the project involves accurate reporting and settlement for SCOR-Covea deal.
  • Work closely with and provide guidance to APAC L&H actuarial teams on issues of methodology, appropriate techniques, and expert judgement.
  • Be a key member in implementing various process improvements initiatives within APAC
  • Support and coordinate for the external audits with local auditors in relation to actuarial topics
  • Work with the APAC L&H actuarial teams to deliver the local IFRS17 reporting requirements as the standard gets adopted across geographies and support the Central teams with their review of APAC markets results
  • Support the Head of L&H Actuarial, APAC in being the primary point of contact for the Corporate Actuarial and Group Actuarial teams on all Life & Health matters in the region
  • Communication of actuarial issues to other teams in the context of earnings, capital, liquidity, etc.
  • Work closely with other teams within APAC, including the modelling team, L&H business unit, colleagues in the wider Finance team, Pricing, and Risk management, to share common knowledge and common purpose.


Qualifications

Experience & Competencies
  • Qualified/ nearly qualified Actuary (FSA, FIA, or FIAA)
  • At least 5 years of relevant experience in a life insurance/reinsurance business
  • Deep experience of at least one of: IFRS17, Solvency II, experience analysis, or local statutory reporting in an APAC market. IFRS17 experience is a strong plus.
  • Proficient in Microsoft Office suite (e.g. Word, Excel, Access, PowerPoint), Prophet software
  • Familiar with data analytics tools such as R, SQL or Python is a plus.
  • Enjoys working at pace, in a close-knit team.
  • Demonstrates curiosity and enthusiasm for continuous improvement.
  • Proactive, organized and adept at stakeholder management.
  • Strong technical skill set and ability to work independently.
  • Excellent communication and interpersonal skills.
  • Creates a supportive environment -when guiding and supporting the market valuation teams, as well as working with other teams and colleagues.
  • Interest in career and skill development.
  • Able to provide effective challenge to senior managers.


About Us

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver "The Art & Science of Risk", SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success.

  • Valuation Actuary, APAC Life

    2 weeks ago

    Singapore Scor Services Asia-pacific Pte. Ltd. Full time

    We are looking for a Valuation Actuary to join the APAC L&H Actuarial team. In this exciting and fast-paced role you will be working across APAC (including China, North Asia, South Asia & ANZ) supporting the Head of L&H Actuarial, APAC in the management of all L&H group reserving activities with a key focus on IFRS17, Solvency II and any other projects. You...

  • Valuation Actuary, South Asia

    2 weeks ago

    Singapore Scor Services Asia-pacific Pte. Ltd. Full time

    We are looking for a Valuation Actuary to join the South Asia L&H Actuarial team.This exciting role places you in SCOR's South Asia L&H valuation team. The team performs valuation activities for the South Asia macro-market, covering 3 offices writing business in c.20 countries. As a member of the team, you will support key valuation tasks and work alongside...

  • SG Actuary

    2 weeks ago

    Singapore Oliver James Associates Full time

        Our dedicated Actuarial team is currently working on a variety of opportunities in Singapore, and upcoming ones for 2024 : L&H Senior Actuarial Manager – Direct Insurer (Valuation or Pricing) L&H Senior Regional Actuary - Global Reinsurer (Valuation) L&H Marketing Actuary - Reinsurance Broker Insurance Consultant / Manager – APAC Actuarial...

  • SG Actuary

    2 weeks ago

    Singapore Oliver James Associates Full time

        Our dedicated Actuarial team is currently working on a variety of opportunities in Singapore, and upcoming ones for 2024 : L&H Senior Actuarial Manager – Direct Insurer (Valuation or Pricing) L&H Senior Regional Actuary - Global Reinsurer (Valuation) L&H Marketing Actuary - Reinsurance Broker Insurance Consultant / Manager – APAC Actuarial...

  • Actuarial Analyst

    3 weeks ago

    Singapore PartnerRe Full time

    Company DescriptionPartnerRe is a leading global reinsurer that was established in 1993, in the aftermath of Hurricane Andrew, to bring much-needed capacity to a market in crisis, helping insurers to provide continuity to their clients. Though we have evolved continuously throughout the years, our purpose remains the same: to help insurance companies...

  • Actuarial Analyst

    3 weeks ago

    Singapore PartnerRe Full time

    Company DescriptionPartnerRe is a leading global reinsurer that was established in 1993, in the aftermath of Hurricane Andrew, to bring much-needed capacity to a market in crisis, helping insurers to provide continuity to their clients. Though we have evolved continuously throughout the years, our purpose remains the same: to help insurance companies...

  • Valuation Manager

    2 days ago

    Singapore The Cigna Group Full time

    The job profile for this position is Actuarial Lead Analyst, which is a Band 3 Senior Contributor Career Track Role.Excited to grow your career?We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for...

  • Senior Executive, Actuarial

    3 weeks ago

    Singapore CHINA TAIPING INSURANCE (SINGAPORE) PTE. LTD. Full time

    Roles & ResponsibilitiesJob Description: Assist the Valuation and Reporting team in all areas of reporting and valuation work, with a focus on reinsurance. Person-in-charge to administer the reinsurance treaty for the Life business. This includes maintaining the reinsurance system, ensuring timely settlement of premiums and recoveries, and providing...

  • Valuation Actuarial Support Analyst

    4 weeks ago

    Singapore Zurich Insurance Group Full time

    Job Title: Valuation Actuarial Support AnalystLocation: SingaporeThe Opportunity:Acts in an actuarial capacity, performing duties which are of a mathematical and/or financial nature in order to provide highly accurate data and analyses for use by Actuaries in the evaluation of loss reserves. Looking for a highly motivated individual who is willing to learn,...

  • Valuation Actuarial Support Analyst

    3 weeks ago

    Singapore Zurich Insurance Group Full time

    Job Title: Valuation Actuarial Support AnalystLocation: SingaporeThe Opportunity:Acts in an actuarial capacity, performing duties which are of a mathematical and/or financial nature in order to provide highly accurate data and analyses for use by Actuaries in the evaluation of loss reserves. Looking for a highly motivated individual who is willing to learn,...

  • Assistant Actuarial Manager

    2 weeks ago

    Singapore Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Assistant Actuarial Manager

    2 weeks ago

    Singapore Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Valuation Actuarial Support Analyst

    2 weeks ago

    Singapore Rural Community Insurance Agency Inc Full time

    Job Title: Valuation Actuarial Support AnalystLocation: SingaporeThe Opportunity:Acts in an actuarial capacity, performing duties which are of a mathematical and/or financial nature in order to provide highly accurate data and analyses for use by Actuaries in the evaluation of loss reserves. Looking for a highly motivated individual who is willing to learn,...

  • Valuation Actuarial Support Analyst

    3 weeks ago

    Singapore Zurich Insurance Company Ltd. Full time

    Job Title: Valuation Actuarial Support Analyst Location: Singapore   The Opportunity:   Acts in an actuarial capacity, performing duties which are of a mathematical and/or financial nature in order to provide highly accurate data and analyses for use by Actuaries in the evaluation of loss reserves. Looking for a highly motivated individual...

  • Valuation Manager

    2 days ago

    Singapore The Cigna Group Full time

    The job profile for this position is Actuarial Lead Analyst, which is a Band 3 Senior Contributor Career Track Role.Excited to grow your career?We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for...

  • Senior Executive, Actuarial

    2 weeks ago

    Singapore China Taiping Insurance (singapore) Pte. Ltd. Full time

    Job Description:Assist the Valuation and Reporting team in all areas of reporting and valuation work, with a focus on reinsurance.Person-in-charge to administer the reinsurance treaty for the Life business. This includes maintaining the reinsurance system, ensuring timely settlement of premiums and recoveries, and providing support to other stakeholders on...

  • Actuarial Valuation Manager, P&C

    4 weeks ago

    Singapore Zurich Insurance Company Ltd. Full time

    Job Title: Actuarial Valuation Manager, P&C Location: Singapore   The Opportunity:   As a P&C actuarial valuation manager in Zurich Insurance, you will be involved in the reserve valuation, including on an IFRS17 basis, business planning and capital management and, providing support to the chief reserving actuary and CFO including insights...

  • Actuarial Valuation Manager, P&C

    4 weeks ago

    Singapore Zurich Insurance Group Full time

    Job Title: Actuarial Valuation Manager, P&CLocation: SingaporeThe Opportunity:As a P&C actuarial valuation manager in Zurich Insurance, you will be involved in the reserve valuation, including on an IFRS17 basis, business planning and capital management and, providing support to the chief reserving actuary and CFO including insights into risks, underlying...

  • Actuarial Valuation Manager, P&C

    2 weeks ago

    Singapore Rural Community Insurance Agency Inc Full time

    Job Title: Actuarial Valuation Manager, P&CLocation: SingaporeThe Opportunity:As a P&C actuarial valuation manager in Zurich Insurance, you will be involved in the reserve valuation, including on an IFRS17 basis, business planning and capital management and, providing support to the chief reserving actuary and CFO including insights into risks, underlying...

  • Actuarial Valuation Manager, P&C

    3 weeks ago

    Singapore Zurich Insurance Company Ltd. Full time

    Job Title: Actuarial Valuation Manager, P&C Location: Singapore   The Opportunity:   As a P&C actuarial valuation manager in Zurich Insurance, you will be involved in the reserve valuation, including on an IFRS17 basis, business planning and capital management and, providing support to the chief reserving actuary and CFO including insights...