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Actuarial - IFRS17 Specialist

Job description

Our client, an international insurance company in Singapore is looking for candidates to join their expanding business as an Actuarial - IFRS17 Specialist.

Key Responsibilities:

  • Perform data availability assessment and document the findings
  • Determine the transition approach based on the regional guidance
  • Work with modelling team to form a detailed model structure and create historical models for transition
  • Prepare the data including model, model points and assumptions in an auditable manner for transition runs
  • Assess the use of estimates and recommend the approach to create such estimates to achieve a desirable financial outcome
  • Participate in transition tool build for the opening CSM calculations
  • Perform model runs and financial analysis of the results for the opening CSM balance
  • Produce the opening balance sheet and its documentation in an auditable standard


  • Review and provide feedback to the regional deliverables for solution design & build that affect Actuarial
  • Act as actuarial advisor in local solution design & build
  • Support the development of data and system specifications for IFRS17
  • Support IT on source system enhancement based on the detailed data gap analysis
  • Provide actuarial support to IT in building the end-to-end ETL tools
  • Participate in UAT for ETL tools, source system changes and sub-ledger system, including business validation of the IFRS17 reports
  • Drive the development and implementation the new end-to-end reporting process and control for Actuarial
  • Provide actuarial support to the Finance division initiative on reporting process re-engineering

The ideal candidate will possess the following:

  • Degree in Actuarial, Mathematics, statistics, or Finance
  • 2 - 8 years of actuarial experience or any other analytical role
  • Actuarial qualification is preferred but not necessary
  • Good understanding of insurance products
  • Good working knowledge of Prophet systems and valuation data management program (such as SQL) is a plus

Interested candidates are invited to submit your resume to

Due to the volume of applications received, we regret to inform you that only shortlisted candidates will be notified.

Data provided is for recruitment purposes only.

Business Registration Number: 200611680D

License Number: 10C5117

EA Personal Registration Number: R22107677


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