Finance Intern, Actuarial

6 days ago

Singapore Allianz Insurance Full time $40,000 - $60,000 per year

Entity: Allianz Insurance Singapore

Within a span of just four years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to excellence.

AIS takes great pride in being certified as a Great Place to Work, a reflection of our commitment to fostering a thriving and employee-driven business culture

Our Opportunity:

This is an intern position within the Finance function and will assist the Actuarial (P&C valuation) team in preparing data and reports as part of the actuarial valuation and analysis process.

The Actuarial (P&C) team is responsible for several key functions and operations that are crucial to the running of the company including: actuarial reserve calculations, Solvency Requirement calculations, financial projections, stress testing exercise and reinsurance calculations.

This is an excellent opportunity for the successful candidate to obtained real hands-on actuarial experience within a dynamic working environment

Key Responsibility Areas:

  • Prepare accurate data to calculate insurance actuarial reserves.
  • Assist the team in the internal and external reporting requirements, such as MAS RBC2, Solvency 2 reporting.
  • Production of key experience analysis reports in a timely manner for internal stakeholders.
  • Conducting UAT on system developments, such as IFRS 17 implementation and ongoing data improvements.
  • Assisting in carrying out reinsurance reporting and billings.
  • Providing suggestions and assistance to improve current reporting processes.

Qualifications & Capabilities

  • Currently studying  or completed studies in an Actuarial Science-related university course (e.g., Actuarial Science, Statistics, Mathematics, Accounting, Engineering and etc).
  • Proficient in Microsoft Office applications, in particular Excel, Power Point and Words.
  • Possesses good attention to detail, interpersonal skills, reliability & conscientiousness.
  • Strong analytical skills.
  • Able to commit for 4 months or mor
  • Familiarity with AI tools such as ChatGPT, Microsoft Copilot, or similar platforms to enhance productivity, process efficiency and generate insights.

77627 | Finance & Accounting | Entry Level | n.a. | Allianz Singapore | Full-Time | Temporary

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