Risk Management and Actuarial Services Professional
1 week ago
We are seeking a highly motivated and detail-oriented individual to join our Risk Management and Actuarial Services department as an Intern. This role will provide support in the provision of actuarial-related advice and services, as well as the development and implementation of a best practice enterprise risk management framework across our business units in Asia.
Estimated Salary: SGD 30,000 - SGD 40,000 per annum, depending on qualifications and experience.
Responsibilities:
This internship offers a unique opportunity to gain hands-on experience in risk management and actuarial services. Key responsibilities include:
- Quarterly reserve reviews and report writing
- Regular portfolio monitoring
- Data analytics
- Stress testing
- Yearly business planning
- Pricing projects whenever required
- Work with business units to establish, maintain and continuously improve risk management capabilities
- Identify, quantify, and manage insurance, investment and operational risks
- Develop and maintain quantitative risk management models
- Assist the business units with capital assessment and reinsurance optimisation
Requirements:
To be considered for this role, you should have the following qualifications and skills:
- Pursuing a degree (first class) in Actuarial Science, Mathematics, Statistics, or any other related quantitative fields
- Internship experience in actuarial, risk management and/or finance roles in the general insurance industry will be an advantage
- Detail oriented, excellent problem-solving skills; comfortable with learning new concepts
- Excellent communication and interpersonal skills, ability to work as part of a team and comfortable with meeting new people
- Highly motivated, committed, and goal oriented
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