Senior Actuarial Expert (Life & Health) (Singapore, SG, 068897)

Allianz
Singapore
Full timeFunction: Insurance & ActuarialExperience: 8+ yearsSkills: ["Actuarial judgement","People leadership","Prioritization","Communication","Collaboration"]

Coordinate and deliver Life & Health (L&H) actuarial reporting for the Singapore branch, including IFRS 17 and local GAAP outputs, reserving governance, and liaison with global actuarial stakeholders. Oversee and enhance reserving methodologies, review and challenge actuarial analyses and model outputs, and manage tools/cashflow models with strong model governance. Lead the local actuarial operating model with light management responsibilities, while engaging internal finance and external auditors.

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FursaFursa
Allianz
Allianz
1 month ago

Senior Actuarial Expert (Life & Health) (Singapore, SG, 068897)

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Job Summary

Coordinate and deliver Life & Health (L&H) actuarial reporting for the Singapore branch, including IFRS 17 and local GAAP outputs, reserving governance, and liaison with global actuarial stakeholders. Oversee and enhance reserving methodologies, review and challenge actuarial analyses and model outputs, and manage tools/cashflow models with strong model governance. Lead the local actuarial operating model with light management responsibilities, while engaging internal finance and external auditors.
Location: Singapore
Employment Type: Full time · Permanent
Job Function: Insurance & Actuarial
Seniority: Mid level

Key Responsibilities

  • •Coordinate, review, and deliver actuarial reporting for the Singapore L&H business (IFRS 17 and local GAAP), ensuring quality, evidence, and appropriate escalation.
  • •Act as the local coordination point for the Certifying Actuary workstream, supporting actuarial inputs, analyses, evidence, and preparation of the Actuarial Report.
  • •Oversee and enhance L&H reserving methodologies and processes, ensuring alignment with global approaches and compliance with Singapore regulatory requirements and standards.
  • •Review and challenge actuarial analyses and assumptions from the local actuarial team, including experience studies, portfolio analytics, and material judgements.
  • •Take on limited dotted-line management responsibilities: lead the local operating model (allocation, prioritisation, capacity planning), coach team members, and build stakeholder relationships with finance and auditors.

Key Requirements

  • •Bachelor’s or Master’s degree in Mathematics, Statistics, Actuarial Science, or a related quantitative discipline.
  • •Fellow or Associate of a recognised actuarial professional body (e.g., FIA, FSA, FIAA, DAV).
  • •At least 8 years of L&H insurance or reinsurance experience, including at least 3 years post-qualification across reserving, valuation, reporting, assumptions, analytics, and governance.
  • •Strong IFRS 17 expertise with sound understanding of L&H financials, reserving, pricing, and regulatory frameworks.
  • •Advanced Excel skills; knowledge of actuarial modelling platforms (e.g., RAFM, Prophet/FIS, AXIS) and familiarity with tools (e.g., Python, R, SQL, SAS) are advantageous.
Experience:8+ yearsInsuranceReinsuranceL&H insuranceIFRS 17Cross-border
Education:
Skills:Actuarial judgementPeople leadershipPrioritizationCommunicationCollaboration
Certifications:FIAFSAFIAADAV
Tech Stack:IFRS 17ExcelVBARAFMProphetFISAXISPythonRSQLSASAI-enabled analyticsPortfolio analyticsCashflow models

Company Brief

Allianz
Global insurance and financial services group offering property-casualty insurance, life and health insurance, asset management, and corporate risk solutions to individuals, businesses, and institutions across more than 70 countries.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Munich, Germany
Founded: 1890
WebsiteLinkedIn