Actuarial senior officer

2 days ago


Singapore CHINA LIFE INSURANCE Full time

China Life Insurance Company Singapore (CLIS) aims to cultivate a strong sense of belonging among all employees through a people-oriented corporate culture.
Position Objective:
To be involved in areas such as IFRS17 valuation reporting functions, actuarial modelling (liability model/ALS model), as well as other ad-hoc actuarial projects.
Job Description:
Support IFRS17 valuation reporting for production and ensure the financials are in compliance with current accounting standards.
Identify areas of enhancement in IFRS17 valuation reporting to streamline and add value to the current production process.
Maintenance and enhancement of both Prophet liability and ALS model for RBC2, IFRS17, and other internal reporting purposes.
Support IFRS 17 business planning, including but not limited to the development of new capabilities/KPIs, analyzing financial results, sensitivity testing, and optimizing business strategies with a forward-looking view.
Drive and provide support to audit matters, as well as other ad-hoc projects related to IFRS17.
Support other business unit functions, if needed.
Job Requirements:
Bachelor's degree in Actuarial Science or closely related subjects, such as Data Analysis and Mathematics.
Minimum 3 to 5 years of working experience related to IFRS17 valuation in the life insurance industry.
Technical, sensitive to details, ability to work independently and apply critical thinking.
Job title and rank depend on the number of years of actuarial working experience in Life/GI insurance.
Proficient in MS Excel, Macro, and Prophet Model coding.
Good communication skills, meticulous and detail-oriented team player.
Must be a member of an actuary association recognized by the Singapore actuarial society and have good progress in actuarial exams.
Ability to read and write in Chinese will be an advantage.
Fluent in both spoken and written English and Chinese.#J-18808-Ljbffr



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