Singapore Job Openings

Singapore Life Ltd.

Associate, Valuation

Singapore

FULL TIME

November 18, 2024

Singapore, Singapore, Singapore

Department

Capital Mgt Projects

Job posted on

Nov 18, 2024

Employment type

Permanent - Full Time

Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.
In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.
Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.
The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.
Key Responsibilities

Participate in ICS and J-ESR field testing.
Reporting of Japanese Solvency Margin Ratio.
Reporting of J-ESR.
Conduct stress testing and analysis on insurance portfolios.
Conduct business planning for insurance portfolios with focus on future sustainability of the portfolio from solvency, profitability and liquidity risk perspective.
Regular valuation of the portfolio including assessment of reserves adequacy and preparation/submission of regulatory and internal solvency reports and statistics.
Conduct experience analysis of the portfolio and set non-economic assumptions.
Perform monthly analysis of profit/analysis of solvency movements of the portfolio and reforecast of profitability to track performance.

Requirements
Experience

Minimum 3 years of actuarial experience in life and health valuation.
Strong knowledge/experience of Singapore Risk Based Capital 2. Experience in ICS is an advantage.
Self-driven and able to motivate team members to deliver projects on a timely basis.
Great teamwork and collaboration with internal and external stakeholders including Finance, Product and Distribution, regulators and group office.

Education

Academic: Bachelor’s/Master’s degree in Actuarial Science.
Professional Certification(s): Working towards obtaining actuarial qualifications.

New Job Alerts

TutorNow Pte Ltd

Economics Lecturer Needed as Private Home Tutor for

Bishan New Town

FULL TIME & PART TIME & CONTRACT

November 20, 2024

View Job Description

Pall Corporation

Building Maintenance Specialist

FULL TIME

November 20, 2024

View Job Description

AQUA EXPEDITIONS PTE. LTD.

Content Marketing Executive

Bukit Merah Estate

FULL TIME

November 20, 2024

View Job Description

CATERING SOLUTIONS PTE. LTD.

FOOD HYGIENE MANAGER

FULL TIME

November 20, 2024

View Job Description

NTUC Health

Associate, HR Shared Services

FULL TIME

August 23, 2024

View Job Description

Lazada

Associate, Business Development - Singapore

August 14, 2024

View Job Description

Tangs

Associate, Information Technology

August 15, 2024

View Job Description

SingHealth Group

Singapore

FULL TIME

November 20, 2024

View Job Description

Atomic Group

Global Procurement Manager (MRO)

FULL TIME

November 20, 2024

View Job Description