Actuarial Valuation Specialist

2 months ago

Singapur, Singapore The Cigna Group Full time

Critical Tasks and Expected Contributions/Results:

To support on APAC valuation tasks such as:

  • Value insurance technical liabilities under US GAAP, BE GAAP, STAT & IFRS 17
  • Develop actuarial methodologies and assumptions considering relevant financial, claims, underwriting data.
  • Ensure reserving processes and standards are consistent with actuarial policies and guidance, as well as compliance with local regulations.
  • Enhance and automate existing processes and controls using programming, modernize valuation models to report monthly reserves on a timely and accurate manner.
  • Monitor reserves adequacy and provide insights on drivers, including reconciliation of views on profitability between reserving, pricing & plan.
  • Assess the company's financial condition (i.e. ORSA, IWST, Actuarial Investigation Report & Actuarial-focused Returns).
  • Manage the presentation of results to external and internal stakeholders, incorporating supporting analysis and commentary for all metrics.
  • Align reserving processes and models and tools across APAC entities.
  • Support other functions on reserving, business initiative & projects and strategic business decisions as relevant.

Key Challenges/Anticipated Changes in Environment:

  • Be able to juggle priorities and work under pressure to meet tight deadlines.
  • Be high degree of personal, high intellect, strong financial acumen; with professional integrity and be able to balance and apply actuarial principles in a commercial setting.

Developmental Value of Position:

  • Works well independently and takes ownership to influence team environment.
  • Possess a deep hunger and willingness to experiment in order to learn and grow further.
  • Dynamic individual with strong communication and interpersonal skills to productively interact with different colleagues.

Experience/Knowledge, Education and Other Requirements:

  • Bachelor's degree in actuarial science or related field of study
  • Associate in the Society of Actuaries, Institute of Actuaries, or comparable actuarial designation preferred
  • Understanding in health insurance, health claim process, healthcare systems, IFRS17 is a plus.
  • 5+ years of actuarial experience, with knowledge of the Actuarial functions (Valuation or Pricing) and operating models
  • Excellent English verbal and written skills
  • Strong proficiency in Programming (macro), Microsoft (Excel, Access, Powerpoint etc.), Alterlyx, AWS, ResQ, SQL and Tableau preferred

Personal Competencies Required:

  • With knowledge of Actuarial functions (Valuation or Pricing) and operating models
  • Strong analytical and numerical skills, applied to insurance and finance data domains
  • Ability to apply technical knowledge and skills in automating and streamlining work processes
  • Fast learner. Be able to pick up tasks assigned in fast turn-around time, timely and accurately, in order to spot out and escalate critical issues to be discussed throughout the whole process.

About The Cigna Group:

The Cigna Group is a global health insurance company that provides health insurance and related services to individuals and groups. We are committed to helping our customers achieve better health and well-being through our innovative products and services. As a member of our team, you will have the opportunity to work with a talented and diverse group of professionals who share our passion for delivering exceptional customer service and driving business growth.

  • Actuarial Valuation Specialist

    2 weeks ago

    Singapur, Singapore The Cigna Group Full time

    Critical Responsibilities:To support the APAC valuation team in tasks such as:Valuing insurance technical liabilities under various accounting standards.Developing actuarial methodologies and assumptions using relevant financial, claims, and underwriting data.Ensuring reserving processes and standards align with actuarial policies and local...

  • Actuarial Valuation Specialist

    1 month ago

    Singapur, Singapore The Cigna Group Full time

    Critical Tasks and Expected Contributions/Results:To support on APAC valuation tasks such as:Value insurance technical liabilities under various accounting standards.Develop actuarial methodologies and assumptions considering relevant financial, claims, and underwriting data.Ensure reserving processes and standards are consistent with actuarial policies and...

  • Actuarial Valuation Specialist

    2 months ago

    Singapur, Singapore The Cigna Group Full time

    Critical ResponsibilitiesThe ideal candidate will support APAC valuation tasks, including:Valuing insurance technical liabilities under various accounting standards.Developing actuarial methodologies and assumptions using financial, claims, and underwriting data.Ensuring reserving processes align with actuarial policies and local regulations.Enhancing and...

  • Actuarial Modelling Specialist

    1 month ago

    Singapur, Singapore Prudential plc Full time

    Actuarial Modelling SpecialistAt Prudential plc, we're committed to being partners for every life and protectors for every future. Our purpose drives everything we do, creating a culture where diversity is celebrated and inclusion is assured. We provide a platform for our people to excel and make an impact, supporting their career ambitions.Key...

  • Actuarial Services Specialist

    1 week ago

    Singapur, Singapore KPMG - Singapore Full time

    Actuarial Services SpecialistKPMG - Singapore is seeking a highly motivated and dynamic Actuarial Services Specialist to join our growing team. As an Actuarial Services Specialist, you will play a significant role in offering a wide range of actuarial consultancy services in the insurance and financial services industry.Key Responsibilities: Participate in...

  • Actuarial Modelling Specialist

    4 weeks ago

    Singapur, Singapore Prudential plc Full time

    Actuarial Modelling SpecialistAt Prudential plc, we're committed to being partners for every life and protectors for every future. Our purpose drives everything we do, creating a culture where diversity is celebrated and inclusion is assured. We provide a platform for our people to excel and make an impact, supporting their career ambitions.Key...

  • Actuarial Modelling Specialist

    2 weeks ago

    Singapur, Singapore Prudential plc Full time

    Actuarial Modelling SpecialistAt Prudential plc, we're committed to being partners for every life and protectors for every future. Our purpose drives everything we do, fostering a culture of diversity and inclusion for our people, customers, and partners. We provide a platform for our employees to excel and make a meaningful impact on the business, while...

  • Actuarial Pricing Specialist

    1 month ago

    Singapur, Singapore Prudential plc Full time

    Actuarial Pricing RoleAt Prudential plc, we are seeking an experienced Actuarial Pricing professional to join our team. As an Actuarial Pricing Specialist, you will play a key role in the analysis of performance KPIs and the development of pricing strategies for our Par savings and Investment Linked products.Key ResponsibilitiesDevelop and implement pricing...

  • Actuarial Pricing Specialist

    2 months ago

    Singapur, Singapore Prudential plc Full time

    **About Prudential plc**Prudential plc is a leading international financial services group with a long history of delivering value to its customers and shareholders. Our purpose is to be partners for every life and protectors for every future.**Job Summary**We are seeking an experienced Actuarial Pricing Specialist to join our team. The successful candidate...

  • Actuarial Pricing Specialist

    2 weeks ago

    Singapur, Singapore Prudential plc Full time

    {"Job Title": "Actuarial Pricing Specialist", "Job Description": "At Prudential plc, we are committed to being partners for every life and protectors for every future. Our purpose drives everything we do, creating a culture of diversity and inclusion for our people, customers, and partners. We provide a platform for our people to excel and make an impact to...

  • Senior Actuarial Specialist

    3 weeks ago

    Singapur, Singapore Munich Re Full time

    Job Title: Senior Actuarial Specialist, Group InsuranceWe are seeking an experienced Senior Actuarial Specialist to join our Life and Health team in Munich Re Singapore Branch. As a key member of our team, you will be responsible for overseeing the Southeast Asian markets and reporting to the Regional Head of Group Life.Key Responsibilities:Develop and...

  • Actuarial Modelling Specialist

    2 months ago

    Singapur, Singapore Prudential plc Full time

    At Prudential plc, we're committed to being partners for every life and protectors for every future. Our purpose drives everything we do, creating a culture where diversity is celebrated and inclusion is assured. We provide a platform for our people to excel and make an impact, supporting their career ambitions. We pledge to make Prudential a place where you...

  • Actuarial Modelling Specialist

    5 months ago

    Singapur, Singapore Prudential plc Full time

    Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support...

  • Valuation Manager

    5 months ago

    Singapur, Singapore The Cigna Group Full time

    Critical Tasks and Expected Contributions/Results:To support on APAC valuation tasks such as:Value insurance technical liabilities under US GAAP, BE GAAP, STAT & IFRS 17Develop actuarial methodologies and assumptions considering relevant financial, claims, underwriting data.Ensure reserving processes and standards are consistent with actuarial policies and...

  • Senior Actuarial Specialist, Group Insurance

    1 month ago

    Singapur, Singapore Munich Re Full time

    Job Title: Senior Actuarial Specialist, Group InsuranceWe are seeking an experienced Senior Actuarial Specialist, Group Business to join our Life and Health team in Munich Re Singapore Branch. As a key member of our team, you will be responsible for overseeing the Southeast Asian markets and reporting to the Regional Head of Group Life.Your RoleResponsible...

  • Actuarial Specialist, Special Track Program

    2 months ago

    Singapur, Singapore Manulife Full time

    Job OpportunityThe Local Valuation team at Manulife is seeking an experienced Actuarial Specialist to join our team in Singapore. As a key member of our team, you will be responsible for providing analysis, preparing, and reviewing key Local basis reserving and capital valuation deliverables.Key ResponsibilitiesDrive the success of the organization under the...

  • Senior Actuarial Specialist, Group Insurance

    1 month ago

    Singapur, Singapore Munich Re Full time

    Job Title: Senior Actuarial Specialist, Group InsuranceWe are seeking an experienced Senior Actuarial Specialist, Group Business to join our Life and Health team in Munich Re Singapore Branch. As a key member of our team, you will be responsible for overseeing the Southeast Asian markets and reporting to the Regional Head of Group Life.Key...

  • Senior Actuarial Specialist, Group Insurance

    1 month ago

    Singapur, Singapore Munich Re Full time

    Job Title: Senior Actuarial Specialist, Group InsuranceWe are seeking an experienced Senior Actuarial Specialist, Group Business to join our Life and Health team in Munich Re Singapore Branch. As a key member of our team, you will be responsible for overseeing the Southeast Asian markets and reporting to the Regional Head of Group Life.Your RoleResponsible...

  • Actuarial Specialist, Special Track Program

    2 weeks ago

    Singapur, Singapore Company 14 - Manulife (Singapore) Pte. Ltd. Full time

    About the OpportunityThe Actuarial Specialist, Special Track Program will play a critical role in providing analysis, preparing, and reviewing key Local basis reserving and capital valuation deliverables, as well as ad-hoc projects. Reporting to the Manager, Local Valuation, this role will drive the success of the organization under the Local reporting...

  • Actuarial Specialist, Special Track Program

    1 month ago

    Singapur, Singapore Company 14 - Manulife (Singapore) Pte. Ltd. Full time

    Job SummaryWe are seeking an experienced Actuarial Specialist to join our team in Singapore. As a key member of our Local Valuation team, you will be responsible for providing analysis, preparing, and reviewing key Local basis reserving and capital valuation deliverables.Key ResponsibilitiesDrive the success of our organization under the Local reporting...