Singapore, SG
Actuarial Analyst
Position summary:
The position is primarily responsible for supporting both general IFRS17 reporting across the Asia region and individual branch IFRS17 reporting for SwissRe P&C reinsurance business in Asia. In addition IFRS17 responsibilities it is expected that the successful candidate will be also assisting in various P&C reserving matters across Asia operations.
Specific responsibilities include but are not limited to the following:
- Support IFRS17 closing for all branches under local standards including supporting the local appointed actuary where their sign-off is formally required.
- Provide support for each branch, including providing written reports, for IFRS17 disclosures of an actuarial nature.
- Support the quarterly review of IFRS17 results at both branch and regional level.
- Support the recommendations to appropriate reserve committees and branch management for IFRS17 matters
- Assist branches transition to the IFRS17 reporting environment in the future as necessary.
- Work closely with our centralized IFRS17 P&C actuarial unit to develop and improve existing processes, systems and governance related to IFRS17.
- Work with regulators and internal/external auditors on routine and special matters for IFRS17
- Prepare IFRS17 training materials for P&C actuarial colleagues in Asia.
- Work on other projects of the P&C Asia Actuarial team as assigned.
Position Requirements:
- Very good understanding of IFRS17
- At least 3 years experience in a Property & Casualty insurance/reinsurance
- University degree in actuarial science or related field (mathematics or finance)
- Actuarial valuation and reporting experience
- Very good understanding of actuarial, accounting, information systems and investments.
- Independent self-starter
- Strong practical capabilities in Microsoft Office and other business software applications. Data analytics programming skills in R an advantage.
- Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment
- Proactive in seeking out and providing information
- Actively looks to add value and take on additional responsibility
- Ability to work under pressure and prioritize tasks accordingly
- Asian language skills considered an advantage
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
Reference Code: 131370
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