Graduate Actuarial Analyst
2 weeks ago
Graduate Actuarial Analyst:
Location
Singapore, Singapore
Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world.
We now have a fantastic opportunity for a soon-to-be or recent Graduate to join our Central Life Reserving team, where you will gain excellent experience to start your Actuarial career.
Reporting to the Head of Actuarial Modelling & Experience Studies, you will work with other actuarial associates and actuaries in the Life & Health global team.
(Modelling & experience Study focussed)
- Construct product feature related tables in AXIS
- Ensure appropriate assumptions including mortalities, lapses, interest rates and expenses for specific life health products
- Ensure accuracy of cash flows for Business Projection, pricing, valuation, experience study and Embedded Value
- Maintain and enhance data control processes and systems used for financial reporting and experience study
- Provide assistance for financial reporting and experience analysis issues in an effective manner within the department and to other departments such as Valuation, Pricing, Terms of Trade, Marketing, Underwriting and Claims
- Explore machine learning algorithms to assist with multivariate experience analysis
Profile:
- University Degree in Actuarial Science, Finance, Statistics, Mathematics or Computer Science
- Strong Excel (incl. VBA), SQL skills are required; AXIS, Python, Power BI skills
- Superior attention to detail and accuracy
- Welldeveloped time management skills; ability to work independently while supporting the team work
- Exceptional communications skills (report writing and formal presentations)
- Basic knowledge of insurance/reinsurance products is preferable
Our business model is based on the combination of primary insurance and reinsurance under one roof.
We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk.
Our client relationships are built on trust and cooperation.If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.-At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought.
This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.-
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