Actuarial Specialist for Financial Reporting

5 hours ago


Singapore ACTUARIES ONTAP PTE. LTD. Full time

We are seeking a highly skilled Actuarial Specialist to join our team at Actuaries OnTap PTE. LTD.

As an Actuarial Specialist, you will play a key role in helping clients streamline their valuation processes, prepare for IFRS17, and optimize their financial reporting. Your expertise in actuarial modelling and experience with Prophet will enable us to deliver high-quality solutions to our clients.

The ideal candidate will have a strong background in financial reporting, with a minimum of 7 years of experience in the insurance or reinsurance industry. You will be comfortable communicating complex ideas to non-technical stakeholders and have a commercial mindset to identify opportunities for growth and improvement.

In return for your expertise, we offer a competitive salary range of SGD 120,000 - SGD 180,000 per annum, depending on your level of experience. You will also receive a flexible and transparent remuneration package that pays you the majority of the fees we earn from our clients, as well as an annual profit share reflecting your contribution to the company.

Our working hours are tailored to suit your personal situation, and you will have the opportunity to work with other bright and motivated actuaries on projects where we strive to bring value to our clients.

Key Responsibilities:
  • Assist clients in streamlining their valuation processes, focusing on speed, accuracy, and simplicity.
  • Liaise with IT, finance, and operations teams to implement or enhance CSM tools for IFRS17 preparation.
  • Develop and maintain high-quality financial reports on various bases.
  • Create and analyze data using Prophet modelling for new product launches and adapting for different reporting requirements.
  • Analyze experience data to derive client biometric assumptions and highlight key management actions for business improvement.
  • Contribute to business planning and projections by identifying areas for growth and optimization.
  • Optimize reinsurance programs to help clients decide on the best retention and reinsurance strategy for their needs.
Requirements:
  • At least 7 years of experience in the insurance or reinsurance industry, with strong knowledge of financial reporting processes.
  • Excellent written and verbal communication skills, with the ability to communicate complex ideas to non-technical stakeholders.
  • A well-rounded personality with experience working in multi-disciplinary teams.
  • Technical expertise in actuarial modelling, preferably with Prophet.
  • Familiarity with regulatory reporting regimes and/or reporting bases (e.g., EV, IFRS, RBC, SII).
  • A commercial mindset and problem-solving skills to identify opportunities for growth and improvement.
  • High attention to detail and natural inclination to produce supporting documentation.
What We Offer:
  • A competitive salary range of SGD 120,000 - SGD 180,000 per annum, depending on experience.
  • A flexible and transparent remuneration package that pays you the majority of the fees we earn from clients.
  • An annual profit share reflecting your contribution to the company.
  • Tailored working hours to suit your personal situation.
  • The opportunity to work with other bright and motivated actuaries on projects where we strive to bring value to our clients.


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