Actuarial Analyst

7 days ago

Singapore Allied World Assurance Company Full time

**Actuarial Analyst, Asia Pacific Actuarial Group** **-** **(**2500000C**)**

**Description**

**Take the next step in your career with us.**

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

**Job Summary**:
This role is part of the Corporate Actuarial function at the Group level. You will be assisting with providing multi-disciplinary actuarial information, advice and services to support and enable effective reserving and reporting to regulatory bodies, across the APAC region. You will spend your time helping the team in developing reserving and actuarial/statistical models, conducting actuarial analyses and contributing to business development, management and change activities. You will work with other actuarial colleagues located around the world, and information suppliers/customers delivering 'fit for purpose' actuarial information.

**Job Duties**:
Under supervision:

- Conduct quarterly loss reserve reviews for the Global Markets segments of the Group, including producing material for management and board meetings
- Set up reserving models, including data extraction, checks and collating results. Use reserving methodologies to estimate policy liabilities, and update reserving assumptions within the reserving models.
- Support completion of statutory reporting requirements such as year-end valuation reporting and capital adequacy stress testing for the branches within the APAC region
- Assist with business planning and reinsurance renewals
- Work with the Finance department to ensure processes are aligned and deliverables are met
- Provide actuarial assistance on the reporting requirements of IFRS 17
- Any other duties as assigned by manager

**Qualifications**

**Essential Requirements**:

- Bachelor’s degree in mathematics, statistics, actuarial science or related field
- Some relevant work experience within the actuarial field of General Insurance would be an advantage
- Proficient with Excel
- Strong analytical and communication skills
- Ability to learn quickly
- Excellent problem-solving skills
- Strong ethics and integrity
- A team player
- Keen to learn and enthusiastic about a career in Actuarial

**Primary Location**: Singapore

**Job**: Actuarial

**Employee Status**:Regular

**Job Type**:Standard

**Job Posting**: Jan 12, 2025, 9:14:01 PM

**Pay Basis**Yearly

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