Actuarial Analyst I

TL;DR

Actuarial Analyst I (Reinsurance): Support the Singapore reinsurance reserving team in preparing detailed reserve adequacy studies for APAC business with an accent on quarterly closing tasks, IFRS 17 calculations, and statutory reporting. Focus on developing new reserving methodologies, participating in group-wide projects, and collaborating with underwriting, finance, claims, and pricing teams.

Location: Singapore (Primary Location, onsite)

Company

Global leader in risk management and reinsurance with over 50 years of heritage, focused on disciplined capital allocation and long-term value creation.

What you will do

• Prepare detailed reserve adequacy studies for business underwritten across APAC, with potential support for other international locations like UK, Ireland, Middle East & Africa, Latin America & Brazil.
• Assist in quarterly closing tasks including validation of plan ELR amounts, actuarial versus expected analysis, and roll forward analysis.
• Support IFRS 17 best estimate liability annual calculations and local statutory reporting.
• Explore and develop new reserving approaches and methodologies.
• Participate in group-wide projects to improve reserving processes.
• Collaborate with Pricing Actuarial, Underwriting, Claims, and Financial Services teams, ensuring timely delivery and communication of results.

Requirements

• Student Actuary of the Institute and Faculty of Actuaries (FIA) or similar.
• Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business or similar field.
• Recent graduate with preferably some initial P&C actuarial experience.
• Knowledge and experience of GI reserving and reinsurance is an advantage.
• Strong Excel skills (mandatory); VBA, SQL, Python a plus.
• Strong organisational skills, attention to detail, communication, and ability to work in team and independently.

Nice to have

• Familiarity with ResQ.
• Flexible and enthusiastic approach with appetite to network, learn, and develop in dynamic remote environment.

Culture & Benefits

• Embrace hirify.global Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility, Leadership, Talent, Efficiency, Inclusion and Belonging.
• Unique inclusive culture driven by unified values and colleague behaviors: Respect everyone, Pursue better, Lead by example, Own outcomes, Win together.
• Global team focused on impact on communities and the world.
• Support for accommodations in application and interview process.