Actuarial Executive (GI Reserve)
$ 3,500 - $ 6,500 / month
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Income’s Actuarial team aims to create exponential value and cultivates a dynamic learning culture. We are a strong partner with other departments to transform and innovate the delivery of simple, honest and customer-focused insurance solutions. You will be an integral member of the Actuarial General Insurance Team who will work in collaboration with other key team members, the Finance Department and Business Department on key functions pertaining to General Insurance valuation.
Key Responsibilities:
- Accountable for the timeliness & accuracy of financial and regulatory reporting deliveries
- Conduct quarterly reserve studies to provide actionable insights on business to senior management
- Drive discussion with underwriters and claims team to gather insights into business and claim trends
- Regular reviews on valuation assumptions, models and methodologies
- Develop automation solutions to actuarial work processes
- Ensure internal and regulatory compliance with MAS and other external regulatory bodies
Requirements & Competencies:
- Good progress in actuarial qualifications with 1 - 3 years of relevant experience in General Insurance actuarial function, fresh graduates with relevant coursework or internships are encouraged to apply.
- Proficient with Microsoft Office, experience in reserve modelling will be an advantage
- Strong team player who is adaptable, open to a dynamic working environment and willing to learn and explore new ways of working
- Excellent analytical and communication skills