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Senior Actuarial Analyst

4 months ago

Singapur, Singapore CPF Board Full time
What the role is

As a member of Team Central Provident Fund (CPF), you will play a crucial role in helping over 4 million members save for their retirement, healthcare, and housing needs as well as helping them cope with life’s uncertainties. With a fulfilling career, career growth, and development opportunities, you will be part of a big family of dedicated professionals. Join us and champion financial security for Singaporeans while leaving a lasting legacy.

What you will be working on

As a Senior Actuarial Analyst in the Department, you will:• Work with a multitude of internal and external stakeholders (consultants, industry workgroups, government ministries/agencies etc) on actuarial and insurance-related tasks and projects.• Setup and perform ongoing enhancement of the actuarial processes and workflow (covering modelling, valuation, experience studies, key risk monitoring, pricing analysis etc) to manage the CPFB insurance schemes.• Operationalise regulatory framework and industry best practices for CPFB insurance schemes.• Conduct research on actuarial approaches relevant for CPFB insurance schemes.• Leverage on data analytics to conduct actuarial analyses to support the Board’s initiatives to benefit CPF members.

What we are looking for

• Relevant actuarial experience with robust technical, analytical, and problem-solving skills.• Good knowledge of actuarial principles, methods, and practices, with the ability to apply them effectively in a business context.• Proficiency in FIS insurance risk suite (Prophet) and expertise in data analytics/statistical programming (e.g., Python and Power BI) is advantageous.• Good understanding of the current regulatory framework and industry practices.• Effective communication and stakeholder management skills.• A strong passion for delivering high-quality work and devising solutions for challenging industry issues.• Good progress in professional actuarial qualifications is preferred

Seniority of appointment will commensurate with relevant work experience

What you can expect• A challenging and rewarding career• A variety of formal and informal training to enhance your skills in the evolving technology landscape• Promotion opportunities based on your capability and on-the-job performance• A friendly work environment with like-minded colleagues to co-create and collaborate together• A hybrid work model allowing remote work for up to 50% of the time, contingent upon the exigencies of service• A productive yet growth-oriented workplace with a flexible dress code empowering you to decide your appropriate outfit for the day• A comprehensive rewards package• Annual leave and pro-family leave• Medical and dental benefits• Access to recreational activities• Position is on 2-year full time contract directly under the payroll of CPF Board with potential for emplacement into permanent position.