Job is active
Actuarial Senior Officer/Assistant Manager/Manager
5 000 – 8 000 $
Full time1–3 yearsOn-siteSingapore
About this job
Roles and Responsibilities:
Actuarial - Valuation:
- Responsible for the preparation of reserves, new business embedded value, statutory forms and other internal and external reports
- Perform analysis of results, including explanation of movement in valuation results
- Provide support in enhancing and modification of the valuation system
- Monitor the financial positions of the company to ensure ongoing RBC2 solvency
- Assist to manage valuation related projects and coordinate with internal and external parties
- Involve in the annual review exercise of experience studies, bonus investigation, stress test and policies such as reserving SOP, NBEV SOP, CAR computation SOP and Par Internal Governance Policy
- Assist in the preparation of annual SAA review and business plan
Others:
- To participate in other projects assigned by the Chief Actuary
Job Requirements:
- Good degree in Actuarial Science or related subjects
- Job title and rank depend on the number of years actuarial working experience in direct life insurance business or consulting firms
- Familiar with Singapore RBC2 regulations and RBC2 development is an advantage
- Familiar with actuarial reserving and embedded value reporting
- Proficient in MS Excel and MS Access
- Good communication and project management skills
- Ability to read Chinese will be an advantage
Market insight
35% above median4 800 $
3 500 $7 000 $
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The employer lists 5 000 – 8 000 $ for this role at CHINA LIFE INSURANCE (SINGAPORE) PTE. LTD. in Singapore. For comparison, the local market median is about 4 800 $ based on 75 102 similar offers.
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