Valuation Actuary

7 days ago

Singapore Munich Re Full time

**Valuation Actuary**:
Career Level 3

**Location**
Singapore, Singapore

Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. A unique position exists to be a part of that global success story.

This is an exciting, challenging opportunity to join LH2 Financial Reporting Team as **Valuation Actuary**. This team oversees valuation, reserving and financial reporting for Life and Health business of Munich Re entities in Asia markets (i.e., Southeast Asia, Malaysia Retakaful, Korea, Japan, India and Greater China) and is embedded in the global Central Life Reserving team, which is covering all relevant global and local valuation bases including Solvency II, IFRS 17 and HGB.

Your job
- You will take the lead on Solvency II, IFRS17, Local Statutory and HGB reporting for Asia entities.
- Responsible for mentoring and leading junior members of the valuation team
- Perform regular experience monitoring, treaty performance analysis and assumption review
- Maintain the valuation data, and ensure models and processes are up-to-date and with appropriate documentation.
- Close coordination with business units and CFO departments to ensure treaties are accurately set up, valued and reported.
- Deliver high quality information to management and business units for their business decision-making.
- Provide support for business development activities.
- Maintain knowledge of current actuarial developments for multiple valuation bases (i.e., IFRS17) and developments in the (re)insurance industry across several markets.
- You will have responsibility to lead ad-hoc projects.

**Profile**:

- Degree in Actuarial Science, Mathematics or Statistics
- Qualified actuary of a recognised actuarial body (FSA, FIA, FIAI, FIAA or equivalent)
- 5+ years actuarial experience within the valuation function of life (re)insurance
- Strong analytical, problem solving and research skills
- Excellent verbal and written communication skills
- Personality traits: responsible, proactive, adaptive, meticulous, team player but with the ability to work independently
- Proficiency in excel (can perform complex functions), VBA and database management systems.
- Knowledge of economic valuations (i.e., Solvency II or IFRS17) is an advantage.
- Working knowledge of traditional life, health and financial reinsurance business is an advantage.
- Knowledge of AXIS is an advantage.

About us

Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.-
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

  • Valuation Actuary

    7 days ago

    Singapore LMA Full time

    Valuation Actuary – Regional | Singapore A top tier reinsurer is hiring for a Valuation Actuary, If you are a young actuary looking to grow into a regional role and to gain exposure in overview of reports and the impacts it bring to the business, take a look at this opportunity. This role supports a regional valuation portfolio with oversight on...

  • Valuation Actuary

    2 weeks ago

    Singapore Munich Re Full time

    **Valuation Actuary**: **Location** Singapore, Singapore Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. A unique position exists to be a part of that global success story. This is an exciting, challenging opportunity to join LH2 Financial Reporting Team as **Valuation Actuary**....

  • Valuation Actuary

    2 weeks ago

    Singapore MUNICH MANAGEMENT PTE. LTD. Full time

    Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. A unique position exists to be a part of that global success story. This is an exciting, challenging opportunity to join LH2 Financial Reporting Team as **Valuation Actuary **. This team oversees valuation, reserving and financial...

  • Regional Valuation Actuary

    3 days ago

    Singapore LMA Full time

    **Valuation Actuary - Regional | Singapore** A top tier reinsurer is hiring for a Valuation Actuary, If you are a young actuary looking to grow into a regional role and to gain exposure in overview of reports and the impacts it bring to the business, take a look at this opportunity. This role supports a regional valuation portfolio with oversight on IFRS17...

  • Valuation Actuary

    3 days ago

    Singapore SCOR SERVICES ASIA-PACIFIC PTE. LTD. Full time

    **Assist the Head of Actuarial, South Asia in the following areas: **1. **Covéa reporting** - Produce quarterly Covéa settlement statement - Produce quarterly IFRS4 reporting with regards to Covéa treaty - Work closely with different stakeholders to support the development of long-term solution to streamline the Covéa modelling and reporting process -...

  • Regional Valuation Actuary

    6 days ago

    Singapore LMA Full time $90,000 - $120,000 per year

    Valuation Actuary – Regional | SingaporeA top tier reinsurer is hiring for a Valuation Actuary, If you are a young actuary looking to grow into a regional role and to gain exposure in overview of reports and the impacts it bring to the business, take a look at this opportunity.This role supports a regional valuation portfolio with oversight on IFRS17 and...

  • Regional Valuation Actuary

    6 days ago

    Singapore LMA Full time $80,000 - $120,000 per year

    Valuation Actuary – Regional | SingaporeA top tier reinsurer is hiring for a Valuation Actuary, If you are a young actuary looking to grow into a regional role and to gain exposure in overview of reports and the impacts it bring to the business, take a look at this opportunity.This role supports a regional valuation portfolio with oversight on IFRS17 and...

  • Valuation Actuary

    2 weeks ago

    Singapore SCOR Full time

    SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise, 'œ The Art & Science of Risk ', SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk '“ in Life &...

  • Regional Valuation Actuary Position

    5 days ago

    Singapore beBeeActuary Full time $90,000 - $120,000

    Valuation Actuary - Regional Role OpportunityA global reinsurer is seeking a highly skilled Valuation Actuary to support a regional valuation portfolio with oversight on IFRS17 and Solvency II reporting, audits, and key regional projects. This role will collaborate with global teams and support regional financial reporting, including work on integration...

  • Actuarial Valuations Specialist

    2 weeks ago

    Singapore beBeeValuation Full time $90,000 - $120,000

    We are seeking a highly skilled actuary to join our team in APAC L&H business. The successful candidate will play a key role in preparing and supporting the quarterly actuarial valuation of the business under various reporting bases.Key responsibilities include:Preparing and maintaining documentation of methodologies, processes, procedures, controls and...