IFRS17 Actuarial Specialist | Singapore, SG

5 hours ago


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 our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
We are looking for an actuarial candidate who is passionate about financial reporting, in particular IFRS17 reporting.
Job Description:
Provide feedback to the review of the regional and local technical interpretation of the standards
Review the business requirements according to the technical decisions for requirement of the standards
Provide actuarial support and feedback to solution design team and IT to improve the end-to-end ETL tools for better efficiency and analysis
Support the implementation of the changes to the end-to-end ETL tools, including development of data, model and IFRS17 reports
Participate in UAT for ETL tools, source system changes and sub-ledger system, including business validation of the IFRS17 reports
Ensure the end-to-end reporting process and control for Actuarial, including data preparation (set up of Prophet model, model points and assumptions) in an auditable manner for IFR17 reporting
Participate in the Business Planning process for IFRS17 financials
Collaborate with other local and regional teams in IFRS17 reporting
Analyse and explain IFRS17 results and support business initiative for result improvement
Perform reconciliation between IFRS17 basis and other reporting basis
Support the audit on IFRS17 reporting
Provide actuarial support to the Finance division initiative on reporting process re-engineering
Who we are looking for:
Competencies & Personal Traits
Passionate about financial reporting
Motivated and pro-active
Detailed oriented and work independently
Strong technical and analytical skills
Committed to excellence and always strive to deliver results with high standards
Good understanding of insurance products
Good working knowledge of Prophet systems and valuation data management program (such as SQL) is a plus
Working Experience
At least 4 years of relevant experience in actuarial roles or positions
Professional Qualifications
Qualified/partly-qualified actuary from a recognized professional actuarial body
Education
Degree in Actuarial
Prudential is an equal opportunity employer.
We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
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