Actuarial Senior Officer

1 week ago


Singapore CHINA LIFE INSURANCE (SINGAPORE) PTE. LTD. Full time
Roles & Responsibilities

China Life Insurance Singapore (CLIS) aims to foster a strong sense of belongings for all employees with people-oriented corporate culture.


Position Objective:

To be involved in areas such as IFRS17 valuation reporting functions, actuarial modelling (liability model/ALS model), as well as, other ad-hoc actuarial projects.


Job Responsibilities:

  • Support IFRS17 valuation reporting for production and ensure the financials are in compliance with current accounting standards
  • Identify areas of enhancement in IFRS17 valuation reporting to streamline and value add to current production process
  • Maintenance and enhancement of both Prophet liability and ALS model for RBC2, IFRS17 and other internal reporting purposes;
  • Support IFRS 17 business planning, including but not limited to development of new capabilities/KPIs, analyzing of the financial results, sensitivity testing and optimizing business strategies with forward looking view;
  • Drive and provide support to audit matters, as well as, other ad-hoc projects related to IFRS17
  • Support to other business units functions, if needed

Job Requirements:

  • Bachelor degree in Actuarial Science or closely related subjects, such as Data Analysis and Mathematics
  • Minimum 3 to 5 years of working experience related to IFRS17 valuation in life insurance industry
  • Technical, sensitive to details, ability work independently and apply critical thinking
  • Job title and rank depend on the number of years of actuarial working experience in Life/GI insurance
  • Proficient in MS Excel, Macro and Prophet Model coding
  • Good communications skills, meticulous and detail-oriented team player
  • Must be a member of an actuary association recognized by the Singapore actuarial society and have a good progress in actuarial exams
  • Ability to read and write in Chinese will be an advantage
  • Fluent in both spoken and written English and Chinese

Tell employers what skills you have

IFRS
Management Skills
Actuarial
Valuation
Business Planning
Project Management
Life Insurance
Team Lead
Excel
Pricing
Financial Reporting

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