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Senior Actuarial Analyst

Job Level:  Professional
Location: 

Singapore, SG, 068897

Available until:  31/12/2022
Area of Expertise:  Actuarial
Unit:  Allianz Singapore
Employing Entity:  Allianz Insurance Singapore Pte. Ltd
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  9383

Entity: Allianz Insurance Singapore

The incumbent will be part of the Actuarial team within Allianz Insurance Singapore. He/she will carry out a valuation actuary role for the P&C business for Allianz Insurance Singapore which includes data manipulation, reserve calculation, maintenance of claims development. He/she will also assist in the production/reviewing of key reports, conduct and present experience analysis to help management in driving the profitability and performance of the company. In addition, the person will also support in implementation of IFRS17 such as onerous product testing.


Responsibilities:

  • P&C Valuation under Singapore RBC framework. This includes Reserve and Solvency Capital Adequacy calculation and projection under Singapore RBC and under IFRS17.
  • Conduct IFRS17 work such as onerous testing as part of BAU.
  • In charge of producing/reviewing reports for internal and external parties such as: Sales reports, Persistency reports, Claims/Loss experience reports.
  • Conduct experience analysis and present results to stakeholders.
  • Conduct UAT on system developments especially when developments are feeding into production of reports or IFRS17 calculations.
  • Carry out reinsurance reporting and billings.
     

Requirements:

  • Bachelor's degree in Mathematics, Statistics, Actuarial, Engineering, Commerce, Accountancy or others
  • Minimum 3-6 years experience working in P&C insurance company either in FP&A team or other actuarial teams (etc. pricing, valuation)
  • IFRS17 experience is ideal experience, though not required
  • Understanding of key P&C insurance actuarial technical concepts
  • Proficient with Microsoft Excel
  • Strong stakeholder management ability with ability to influence without authority
  • High standards of accuracy and precision, highly organized
  • Strong analytical skills

     

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.