Actuarial Executive

6 days ago

Singapore FWD Insurance Full time

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group, and spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

PURPOSE

Reporting directly to Manager, Valuation, with the focus on IFRS17, EV/VONB reporting. The role provides opportunities to work directly with the AA and CFO in matters relating to strategic plans and other key projects.

KEY ACCOUNTAIBILITIES
- Responsible for regular reporting, analysis of movement, actuarial assumption setting, and financial impact assessment.
- Responsible for IFRS17/EV/VONB prophet model validation and new products implementation.
- Assisting and supporting the process enhancement and automation initiatives in the team to improve reporting processes in terms of speed, accuracy and controls.
- Support Valuation Manager and Senior Manager, AA, CFO and the team on key ad-hoc projects where required.

EXTERNAL & INTERNAL STAKEHOLDER MANAGEMENT
- Key internal stakeholders: Actuarial, Finance and Business Owners
- Key external stakeholders: Group Actuarial and Auditors

QUALIFICATIONS / EXPERIENCE
- Bachelor’s Degree
- Good actuarial exam progress with up to 3 years of actuarial experience

KNOWLEDGE, SKILLS & ABILITY
- Keen on learning and have some understanding on the actuarial technical skills
- Good communication and stakeholder management skills
- Prior working experience in valuation or reporting is an added advantage
- Prior working experience in Actuarial software - Prophet is an added advantage
- Skilled in computing language is an added advantage

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