We are seeking a skilled Valuation Actuary to join our insurance team in Singapore. Based in the heart of the city, this role offers an annual salary of SGD 155,000 and provides an excellent opportunity for professionals with a strong background in actuarial science and life insurance valuations. The successful candidate will be responsible for performing regular reserving and financial reporting under IFRS 17, local regulatory requirements, and group reporting standards. This position requires a strategic thinker with excellent technical acumen, capable of interpreting and analysing large datasets to provide critical insights into insurance liabilities and financial performance.
The ideal candidate will possess a recognised actuarial qualification such as FIA, FSA, or near qualification, and have a minimum of six years' actuarial experience within the life insurance sector. Solid knowledge of valuation methodologies, deterministic and stochastic modelling techniques, and actuarial software such as Prophet is essential. Strong proficiency in Microsoft Excel and programming skills in VBA, R or Python would be considered advantageous. Experience in working with IFRS 17 frameworks and a clear understanding of regulatory regimes in Singapore and other relevant jurisdictions are also key components of this role.
In addition to technical capabilities, we are looking for someone with excellent communication skills to collaborate effectively with internal teams, senior stakeholders, and external regulators. The ability to distil complex actuarial concepts into understandable formats for non-actuarial audiences is essential. The candidate must be well-organised, detail-oriented, and able to manage multiple projects simultaneously within tight deadlines. A proactive approach and a continuous improvement mindset are highly valued, as is the ability to contribute to broader risk and capital management initiatives within the organisation.
This role presents a unique chance to play a pivotal part in shaping the actuarial function and strengthening the financial resilience of the business. In return, we offer a dynamic working environment, opportunities for professional development, and the chance to contribute to high-impact projects in a leading insurance organisation.