Associate, Actuarial IFRS17

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Associate, Actuarial IFRS17
role at
Singlife
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Join to apply for the
Associate, Actuarial IFRS17
role at
Singlife
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Singlife is a leading homegrown financial services company offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.
In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.
Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.
First announced in September 2020 and valued at S$3.2 billion, the merger of Aviva Singapore and Singlife was the largest insurance deal in Singapore then and created one of the largest homegrown financial services companies in the republic.
Singlife is looking for a IFRS 17 Actuarial Associate to be part of a team of problem solvers. The role will play an important role in the Actuarial function to help optimize processes, systems and implement data management layer transformations to improve efficiency and productivity.
Key Responsibilities
Understand and analyze current business processes and workflows to identify opportunities for improvement within the IFRS17 end-to-end process to ensure efficient IFRS17 reporting.
Assist in development and implementation of controls and solutions for identified areas, aligning to the requirements of the business and IFRS17 processes.
Assist in user acceptance testing and validation of results from source systems, data management layer and IFRS17 Subledger.
Collaborate with multiple teams such as Finance and IT to implement system changes and enhancements that support end-to-end IFRS17 process improvements.
Maintain documentation of work performed, key findings and solutions as part of the implementation process.
Explore opportunities for automation to streamline repetitive and manual tasks (across teams)
Develop automation solutions using software tools (e.g. Alteryx / SQL) to streamline repetitive and manual tasks
Participates in ad-hoc projects as and when assigned.
Experience
Requirements
Minimum 4 years of actuarial valuation experience
Strong verbal and written communication skills in English
Excellent technical, analytical and problem-solving skills
Proficient at Actuarial work application (i.e. Prophet, MS Excel/VBA) and proficiency in additional programming languages is a plus
Education
Academic: Bachelor's/Master's degree in Actuarial Science or related field
Professional Certification(s): Internationally Recognized Actuarial Body (preferred) – Actuarial student with good exam progress
Attributes
High level of integrity and accountability with a strong attitude towards teamwork
Proactive in improving current processes and adaptable to new changes
Eager to learn and demonstrate a growth mindset
Embrace innovation
Seniority level
Seniority level Mid-Senior level
Employment type
Employment type Full-time
Job function
Job function Finance and Sales
Industries Insurance
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