Assistant Manager, Life Actuarial

2 weeks 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

Support the IFRS17 manager in IFRS17 Group reporting and annual business plan. The role also provides opportunities to work on other projects such as Experience Studies and IFRS17 system implementation

KEY ACCOUNTABILITIES- Perform IFRS17 reporting, reserve analysis of movement, actuarial assumptions setting, and financial impact assessment- Responsible for IFRS17 prophet model validation and new products implementation- Assist in preparing IFRS17 forecast, business plan, audit, and other project such as Experience Studies- Responsible for End-to-End IFRS17 system User Acceptance Testing (UAT)- Pro-actively contribute to the on-going development of new IFRS17 process and automation initiatives- Provide guidance to junior team members

EXTERNAL & INTERNAL STAKEHOLDER MANAGEMENT- Key internal stakeholders: Actuarial and Finance- Key external stakeholders: Group Actuarial and Auditor

QUALIFICATIONS / EXPERIENCE- Bachelor’s Degree in Actuarial Science- Qualified/near qualified Actuary with at least 4-5 years of experience- Prior working experience in IFRS17 implementation, Embedded Value, local/group reporting

KNOWLEDGE, SKILLS & ABILITY- Experience in Prophet and DCS- Strong analytical and communication skills, detail-oriented- Strong team player- Energetic and self-motivated

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