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Actuarial Manager - IFRS 17

Employer
HFG
Location
Singapore River, Singapore
Salary
Negotiable
Closing date
25 Aug 2022
Reference
20220726

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Sector
General insurance, Life insurance
Contract Type
Permanent
Hours
Full Time
Experience/Function
Qualified, Nearly qual (11+ exams)

Job Details

Looking for candidates who are passionate about financial reporting to participate in various workstreams within Actuarial. You will participate in the IFRS 17 implementation for the Company as a key member of the IFRS 17 project team, by contribution of Actuarial expertise and information for the Life Insurance business.

Responsibilities:

  • Maintain and enhance the models used for IFRS17 calculation (Prophet/DCS/Excel)
  • Provide analysis to support decision-making (business planning, product pricing etc.) on IFRS17 implementation
  • Prepare the data including model, model points and assumptions in an auditable manner for transition runs, and perform financial analysis of the results for the opening CSM balance
  • Produce the opening balance sheet and its documentation in an auditable standard
  • Participate in preparation and analysis of financial impact assessment for IFRS 17
  • Participate in UAT for ETL tools, source system changes and sub-ledger system, including business validation of the IFRS17 reports
  • Drive the development and implementation of the end-to-end IFRS 17 reporting process and control for Actuarial
  • Propose implementation approaches for the technical actuarial aspects of the standard. Contribute to and draft the relevant position papers.
  • Provide guidance and coaching to junior team members who are involved in the IFRS 17 project.

Requirements:

  • Minimum 6 years experience
  • Having IFRS 17 implementation experience is a must
  • Proficient in Prophet modeling, strong modeling skills preferred
  • Excellent technical, analytical and problem-solving skills
  • Self-motivated and positive working attitude
  • Strong communication and interpersonal skills

Company

HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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