Actuarial Manager

Location:

Singapore, 01, SG

Job Type: Full-Time

Work Mode: Hybrid

Job Level: Professional

Job ID: 13642

Company: Munich Re

Employment Type: Regular

Area of Expertise: Actuarial & Risk Management

Description:

This is an exciting opportunity to join the Life and Health Valuation team in Singapore. The team oversees the valuation, reserving and regulatory reporting for Life and Health business of Munich Re Singapore branch, covering both global and local valuation bases including Solvency II, HGB, MAS and IFRS (9 and 17).

Reporting to the Head of Munich Re Singapore, Valuation, you will lead a team to ensure sufficiency of MAS and HGB reserves and analysis of the local IFRS17 and RBC2 reporting.

Your Role

Leading and guiding a team to ensure timely and accurate delivery of results
Quarterly and annual local IFRS reporting for Singapore
Quarterly and annual RBC2 reporting for Singapore
Propose MAS assumptions for Singapore business (e.g. PAD and expense)
Perform MAS Stress Test, ORSA, and Capital Planning for Singapore branch
Support Valuation Enhancement projects
Work closely with external teams (e.g. Finance, FinRe and Risk Management) during quarterly and annual reporting

Your Profile

Bachelor's or Master's Degree in Actuarial Science, Mathematics or Statistics
Has at least 5 to 8 years of valuation experience.
Has experience in MAS reporting
Qualified Actuary (newly qualified are welcome to apply)
Strong analytical, problem solving, and stakeholder management skills
Able to lead a team independently and collaborate effectively within a team environment
Able to prioritise tasks effectively and manage deadlines effectively
Proactive in improving processes and enhancing result accuracy
Proficient in Excel (can maintain complex spreadsheets), VBA, SQL and database management systems
Knowledge of IFRS17 standards, FinRe business and/or AXIS would be an advantage

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.