SCOR brand banner

Valuation Actuary

SCORSingapore, SingaporePosted Jun 10
Jobs by Adzuna
Description

Job Summary

In this exciting and fast-paced role you will be working across APAC (including China, North Asia, South Asia & ANZ) supporting the Director of L&H Reserving AP Singapore in the management of all L&H group reserving activities with a key focus on IFRS17, Solvency II, and any other projects. You will have a high degree of responsibility and autonomy whilst undertaking and leading key projects within the team.

You will also liaise with the auditors on various requirements for the APAC markets.

About the Department: APAC Actuarial

The APAC Actuarial reserving team is based in SCOR’s offices in Singapore, Sydney, Beijing and Seoul, and covers the Life & Health business. This includes business written in c.9 countries and 15 legal entities in the region. We are a diverse and engaged team, providing expert actuarial analysis and insight for our stakeholders. The department is led by the Head of L&H Reserving, APAC.



Responsibilities

KEY TASKS

  • Provide value-adding insight on the drivers of financial performance, movements in IFRS and SII results, experience emergence, and recommendations for management actions.

  • Provide oversight of the production of L&H reserves for Group results (IFRS 17, SII) each quarter, participating in the landing process and ensuring the results are robust.

  • Provide support on the annual assumption setting process, reviewing the experience analysis produced by the business and leveraging the analysis to set the best estimate assumptions, working in conjunction with the other APAC L&H actuarial team leaders.

  • Work closely with and provide guidance to APAC L&H actuarial teams on issues of methodology, appropriate techniques, and expert judgment.

  • Be a key member in implementing various process improvement initiatives within APAC

  • Support and coordinate with the auditors in relation to actuarial topics

  • Support the Central teams with their review of APAC markets results

  • Responsible for end-to-end reserving process for the Singapore statutory reporting for SRAP, producing quarterly and annual RBC2 results, Industry Wide Stress Testing, and supplying stress tests and analysis for the Own Risk and Solvency Assessment

  • Work with the Capital Management team to provide accurate insurance risk forecasts to manage capital within the comfort range

  • Support and coordinate for ad hoc projects and thematic reviews

Relationships

  • Support the Director of L&H Reserving AP Singapore on all Life & Health matters in the region

  • Communication of actuarial issues to other teams in the context of earnings, capital, liquidity, etc.

  • Work closely with other teams within APAC, including the modelling team, L&H business unit, colleagues in the wider Finance team, Pricing, and Risk management, to share common knowledge and common purpose.



Qualifications

Experience:

  • Nearly qualified Actuary (FSA, FIA, or FIAA)

  • 5+ years of relevant experience in a life insurance/reinsurance business.

  • Deep experience of at least one of: IFRS17, Solvency II, experience analysis, or local statutory reporting in an APAC market. IFRS17 experience is a strong plus.

  • Proficient in Microsoft Office suite (e.g. Word, Excel, Access, PowerPoint), Prophet software.

  • Familiar with data analytics tools such as R, SQL or Python is a plus.

Personal Competencies:

  • Enjoys working at pace, in a close-knit team.
  • Demonstrates curiosity and enthusiasm for continuous improvement.
  • Proactive, organized and adept at stakeholder management.
  • Strong technical skill set and ability to work independently.
  • Excellent communication and interpersonal skills.
  • Creates a supportive environment –when guiding and supporting the market valuation teams, as well as working with other teams and colleagues.
  • Interest in career and skill development.



Similar roles

  • Red Energy logo

    Product & Pricing Analyst

    Red Energy·Richmond, Australia

    About Us At Red Energy, we are passionate about providing award-winning customer service to over 1.5 million of our customers across the country. Owned by the mighty Snowy Hydro, we are 100% Australian owned which our customers love us for. Our award winning team have won 16 consecutive Canstar Blue Awards for best overall customer satisfaction amongst Victorian electricity providers.…

    • Hybrid
    • Full-time
    • Skilled Independent 189PR, no sponsor
  • Openai logo

    Applied AI Architect

    Openai·Singapore

    ABOUT THE TEAM The AI Architect team partners with organizations to turn OpenAI's most capable models into meaningful, real-world impact. We work with customers across industries and digital-native businesses to identify where AI can create value, design secure and scalable solutions, and help those solutions move from early exploration into sustained production adoption. The team brings together technical strategy, customer…

    • Hybrid
    • Full-time
    • Tech.Passself-sponsored, 2-yr
  • Timetoact Group logo

    Senior Accountant (w/m/d)

    Timetoact Group·Köln, Germany

    Wofür wir dich suchen Du bringst bereits fundierte Erfahrung in der Buchhaltung mit und möchtest jetzt eigenverantwortlich Themen vorantreiben? Du hast ein sicheres Gespür für Genauigkeit und Struktur, arbeitest gerne selbstständig an komplexeren Fragestellungen und bist ein geschätzter Sparringspartner für dein Team? Der Austausch mit externen Stakeholdern gehört für dich zum spannenden Tagesgeschäft dazu? Als Senior Accountant (w/m/d) sorgst du…

    • On-site
    • Full-time
    • Blue Cardtied; settle 21–33mo
  • Select Ambition logo

    Practice Accountant - Financial Reporting & Leadership

    Select Ambition·Ireland

    €60,000 per year | Permanent, full-time | On-site | County Meath Select Ambition is recruiting a qualified Practice Accountant for a confidential accountancy practice in County Meath. The position combines financial reporting, client portfolio management and team development, with scope to assume increasing leadership responsibility. You will prepare and review year-end accounts and tax submissions for owner-managed businesses, SMEs and…

    • Full-time
    • Critical Skills9mo tied, then free; Stamp 4 @21mo
  • Select Ambition logo

    Practice Accountant - SME Portfolio & Advisory

    Select Ambition·Ireland

    €55,000–€65,000 per year | Permanent, full-time | On-site | County Meath Select Ambition is recruiting a Practice Accountant for a confidential accountancy practice in County Meath. You will take ownership of financial reporting, compliance and advisory work for a portfolio of SME clients, while supporting junior colleagues and contributing to the practice’s development. The position covers year-end accounts under FRS…

    • Full-time
    • Critical Skills9mo tied, then free; Stamp 4 @21mo
  • Tanja Jeckl Unternehmensberaterin für den privaten Haushalt logo

    Datenerfasser

    Tanja Jeckl Unternehmensberaterin für den privaten Haushalt·Stockach, Germany

    Lust auf einen Neustart oder ein sinnvolles Zusatzeinkommen? 💪 Ich suche Verstärkung für mein Team – keine Vorkenntnisse nötig, ich bringe dir alles bei. ✅ Flexible Zeiteinteilung – ideal neben Job/Familie ✅ Einstieg in Verwaltung & Kundenbetreuung, mit Entwicklungsperspektive ✅ Realistisch ein “13. Gehalt” pro Jahr extra ✅ Persönliche Einarbeitung, Homeoffice möglich Wenn du kein Thema mit Finanzen hast, anderen…

    • On-site
    • Full-time
    • Blue Cardtied; settle 21–33mo
  • HSBC logo

    Senior VP, Corporate Banking | Growth & Risk Leader (Hybrid)

    HSBC·Singapore, Singapore

    HSBC Corporate & Institutional Banking in Singapore is seeking a Vice President- Corporate Banking Manager to lead a diversified portfolio of mid-to-large corporate clients. You will drive income growth, manage risk, and deepen relationships with senior executives, while collaborating across the bank's product suite to deliver tailored solutions. The role requires extensive experience in front-line credit marketing, strong communication, and…

    • Full-time
    • SGD 3k–SGD 5k / yr
    • Employment Passtied to employer
  • Kerry Consulting logo

    Security Architecture Lead: Secure-by-Design & Strategy

    Kerry Consulting·Singapore, Singapore

    Kerry Consulting is seeking an experienced Security Architect to drive secure architecture and technology initiatives across a regional environment. You will partner with enterprise architecture, engineering, infrastructure, cloud, and application teams to ensure security is embedded into technology design, transformation programmes, and strategic initiatives. The successful candidate will possess strong technical depth across multiple cybersecurity domains and be capable of…

    • Full-time
    • SGD 2k–SGD 3k / yr
    • Employment Passtied to employer