APAC Valuation Actuary Life Insurance

We are seeking an experienced Valuation Actuary to join our client's Life Insurance team in the APAC region, based in Singapore. The ideal candidate will play a key role in performing and enhancing actuarial valuation processes, ensuring compliance with regulatory requirements, and supporting strategic initiatives across the life insurance business.

Key Responsibilities

• Lead or support the delivery of actuarial valuation for life insurance products in the APAC region.
• Ensure timely and accurate actuarial reserves reporting in line with IFRS, local statutory standards, and internal requirements.
• Collaborate with regional and global teams to implement new valuation methodologies and frameworks, including IFRS 17 and Solvency II equivalents.
• Perform experience analysis, assumption setting, and sensitivity testing to support reserve adequacy.
• Support internal and external audits, including preparation of documentation and responses to queries.
• Provide actuarial insights and recommendations to senior management for business planning and risk management decisions.
• Develop and maintain actuarial models, ensuring appropriate controls and documentation are in place.
• Participate in cross-functional projects to improve operational efficiency and enhance the actuarial function.

Requirements

• Qualified or near-qualified actuary with a recognised actuarial body (e.g. FIA, FSA, etc.).
• Minimum 5 years of actuarial experience within the life insurance industry, with focus on valuation or financial reporting.
• Strong understanding of actuarial reserving principles, insurance regulations in APAC jurisdictions, and international reporting standards (e.g. IFRS, Solvency II).
• Hands-on experience with actuarial software tools, such as Prophet, AXIS, or similar, and proficiency in Excel, VBA, and SQL.
• Demonstrated ability to manage timelines and deliver results under pressure in a complex regulatory environment.
• Excellent communication skills with the ability to explain complex actuarial concepts to non-actuarial stakeholders.
• Strong team player with a proactive and problem-solving mindset.
• Fluency in English; additional Asian languages would be beneficial, though not required.