Senior Actuarial Analyst, Finre Valuation

2 weeks ago


Singapore Munich Re Full time

**Senior Actuarial Analyst, FinRe Valuation**:
**Location**
Singapore, Singapore

This is an exciting opportunity to join the Life and Health Central Life Reserving team in Asia. The team oversees the valuation, reserving and financial reporting for Life and Health business of Asian entities of Munich Re, covering global valuation bases including Solvency II, HGB and IFRS (9 and 17).

Reporting to the Head of Financial Reinsurance (FinRe) Valuation, you will combine corporate finance, accounting, actuarial science, and regulatory expertise to ensure sufficiency of reserves and insightful financial reporting to the senior management at Munich Re.

Your job

Financial Reporting:

- Support Solvency II, IFRS and HGB reporting for the Asia Pacific and Middle East North Africa, and financial reinsurance businesses.
- Perform regular experience monitoring and treaty performance analysis.
- Support with onboarding of new Financial Reinsurance deals
- Support the Head of FinReValuation with assumption setting of FinRebusiness across the region
- Support other regular reporting or ad-hoc projects and tasks.

IFRS9 Implementation:

- Maintain knowledge of latest developments of IFRS9 in the (re)insurance industry across various markets.
- Support the team on the financial analysis after implementation of the new standards.
- Support the team to ensure smooth implementation of the new standards for group and local reporting

**Profile**:

- Nearly or recently Qualified Actuary
- Degree in Actuarial Science, Mathematics or Statistics
- Strong analytical, problem solving, research and project management skills
- Excellent verbal and written communication skills
- Proficient in Excel (can maintain complex spreadsheets), VBA, SQL and database management systems
- Knowledge of IFRS17 and IFRS9 standards would be 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.


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