Singapore Job Openings
Allianz Insurance Singapore
Actuarial Intern, Finance (6 Months)
Singapore
October 15, 2024
Within a span of just four years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to excellence. AIS takes great pride in being certified as a Great Place to Work, a reflection of our commitment to fostering a thriving and employee-driven business culture.
Our Opportunity:
This is an intern position within the Finance function and will assist the Actuarial (P&C valuation) team in preparing data and reports as part of the actuarial valuation and analysis process.
The Actuarial (P&C) team is responsible for several key functions and operations that are crucial to the running of the company including: actuarial reserve calculations, Solvency Requirement calculations, financial projections, stress testing exercise and reinsurance calculations.
This is an excellent opportunity for the successful candidate to obtained real hands-on actuarial experience within a dynamic working environment.
Key Responsibility Areas:
- Prepare accurate data to calculate insurance actuarial reserves.
- Assist the team in the internal and external reporting requirements, such as MAS RBC2, Solvency 2 reporting.
- Production of key experience analysis reports in a timely manner for internal stakeholders.
- Conducting UAT on system developments, such as IFRS 17 implementation and ongoing data improvements.
- Assisting in carrying out reinsurance reporting and billings.
- Providing suggestions and assistance to improve current reporting processes.
Qualifications & Capabilities:
- Currently studying or completed studies in an Actuarial Science-related university course (e.g., Actuarial Science, Statistics, Mathematics, Accounting, Engineering and etc).
- Proficient in Microsoft Office applications, in particular Excel, Power Point and Words.
- Possesses good attention to detail, interpersonal skills, reliability & conscientiousness.
- Strong analytical skills.
- Able to commit for 4 months or more
Kindly note that only shortlisted candidates will be notified.
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