Senior Actuary Lead
5 hours ago
Sun Life Assurance Company of Canada Singapore Branch is seeking a Senior Analyst, Actuarial to join our team in Singapore. We offer an attractive salary range of SGD 120,000 - SGD 180,000 per annum, depending on experience.
This is an individual contributor role where the Senior Analyst will report to the Director and be responsible for actuarial modeling & analysis to ensure accurate & timely IFRS17 financial reporting as well as maximize value for the company. The Senior Analyst will collaborate with other sections within the Singapore team, Regional/Corporate Office/HuBS colleagues as well as work directly with the Chief Actuary.
Key Responsibilities:- Production of IFRS17 actuarial reserve, LICAT capital calculations and other management reporting deliverables for a business line to be submitted to Regional/Corporate Office during quarter close
- Conduct robust analysis into the Drivers of Earnings of the business pre and during quarter close, including collaborations with ALM, Finance, Investment and Regional/Corporate teams
- Quantifying and analyzing sensitivities of the business to identify any potential vulnerabilities, as well as collaborating with ALM, Finance, Investment and Regional/Corporate teams to implement mitigating strategies
- Building out a robust process and implementation of LICAT capital calculations, while collaborating with a Regional/Corporate Office/HuBS colleagues
- Collaborate with centralized modeling team to maintain and enhance existing and new actuarial valuation models, as well as help in implementing new product initiatives
- Collaborate with other employees to build and enhance processes to ensure efficient workflows and a strong control environment
- Conduct any ad-hoc risk quantification & analysis and contribute to mitigation strategies and alternatives.
- Minimum of 5 years of experience in Life Insurance industry
- Actuarial exam progression with a recognized international actuarial body
- Experience with IFRS17 is preferred
- Experience with any valuation and reserve/capital framework is required
- Experience and proficiency in Microsoft Office is required
- Strong technical skills and problem-solving ability, able to work in a dynamic environment
- Strong cross team collaboration skills
- Experience with Moody's AXIS, Pathwise, Prophet or an alternative actuarial modelling software is preferred
We are committed to providing excellent career development opportunities to the right candidate.
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