Pramerica Life Insurance - Manager/Senior Manager - Actuarial Modelling

A. Position Summary:

Required candidates with around 4-8 years of working experience preferably in the IFRS17 reporting or actuarial modelling function of a life insurance company, having cleared at least 6 actuarial exams. The candidate is expected to support implementation of IFRS17.

B. Key Responsibilities:

- New product assessment, methodology and assumption setting - (cashflow modelling (Linked/Non-linked products).

- Be responsible for daily actuarial working, mainly financial reporting and other actuarial analytic related issues

- Propose and review the new methodology, assumption and model development

- Provide support to Model and Financial Analytics teams, including valuation of new product/methodology/assumptions conversion onto the Prophet system, implementation of new methodology and assumptions and conduct the UAT in accordance with standards

- Engaging and working with internal and external stakeholder to priorities the development of the business requirements and solutions as they relate to the company

- Ensure implementation of business requirements from IFRS17 and solutions are appropriately implemented and tested in function

- Dynamic working exposure - work on project(s) arising basis management requirements from time to time.

C. Job Specifications:

- A bachelor's/Masters degree with minimum 6 actuarial exams

- At least 6+ years of working experience preferably in the prophet modelling or IFRS17 function of a life insurance company.

- Sound knowledge of advanced MS Excel, VBA and R programming

- Knowledge of Actuarial software like Prophet, DCS etc. SAS being an added advantage.

- Conceptual thinker with strong analytical, data management skills, work attitudes to details and ability to manage multiple projects simultaneously

- Good communication and business skills to contribute to business results.