Analyst, Actuarial Ifrs17

2 weeks ago

Singapore Singapore Life Ltd. Full time

Singapore, Singapore, Singapore
- Department
- IFRS17 and Technical Solutioning
- Job posted on
- Dec 11, 2024
- Employee Type
- Permanent - Full Time
- Experience range (Years)
- 0 - N.A.

Singlife is a leading homegrown financial services company offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.

In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.

Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.

First announced in September 2020 and valued at S$3.2 billion, the merger of Aviva Singapore and Singlife was the largest insurance deal in Singapore then and created one of the largest homegrown financial services companies in the republic.

**Key Responsibilities**
- Support the preparation of monthly IFRS17 reporting, including data transformation and actuarial cashflow projection
- Support the preparation of IFRS17 related assumptions and process improvements
- Assist in preparation of quarterly and annual financial statement disclosure, including fulfilling internal and external audit requirements
- Maintain good control framework under IFRS17, ensuring adherence to applicable laws and regulations
- Ensure deliverables are prepared accurately and within the required timelines

**Requirements**:
Experience
- 1 to 2 years of actuarial valuation experience; fresh graduates are also encouraged to apply
- Strong verbal and written communication skills in English
- Good understanding of actuarial concepts
- Proficient in MS Excel/VBA and knowledge in Actuarial software (i.e. Prophet) is a plus

Education
- Academic: Bachelor’s/Master’s degree in Actuarial Science (preferred)
- Professional Certification(s): Internationally Recognized Actuarial Body (preferred) - Actuarial student with good exam progress

Attributes
- High level of integrity and accountability with a strong attitude towards teamwork
- Eager to learn and demonstrate a growth mindset

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