Actuarial Assistant Manager, RBC2

Overview

This role supports the Actuarial function within the Insurance and Actuarial industry, delivering high-quality reserving, solvency and regulatory reporting outputs. You will contribute to key financial risk assessments and work closely with modelling colleagues to enhance tools, processes and governance.

• Location: Singapore
• Salary: SGD $8,000 per month
• Employment type: Permanent, full-time

Key Responsibilities

• Perform sensitivity analysis on reserves and solvency positions, clearly documenting assumptions and impacts.
• Conduct and drive MAS Stress Test and ORSA reporting, ensuring timely submission and robust controls.
• Conduct experience studies to support the formulation of appropriate bases for valuation and product pricing.
• Review protected liabilities required for Policyholders Protection Fund (PPF) reporting, ensuring accuracy and compliance.
• Partner with the modelling team on enhancements, testing and implementation of model changes and process improvements.
• Maintain proper documentation, reconciliations and governance controls within areas of responsibility.
• Support audit requests, ad-hoc actuarial investigations and corporate initiatives as required.
• Assist in preparing materials for Committees and Board meetings, including clear summaries and key risk insights.

Requirements

• Degree in Actuarial Science (or closely related discipline).
• Minimum 4 years of actuarial experience within an insurance environment (life/general/health).
• Strong mathematical and analytical skills with the ability to interpret results and explain implications.
• Good communication skills, both written and spoken, including the ability to present to non-technical stakeholders.
• Intermediate to advanced knowledge of actuarial projection software (e.g. Prophet, DCS).
• Proficient in Microsoft Office (Excel, Word, PowerPoint, Access); able to build and review robust spreadsheets.
• Self-motivated, outcome-oriented, able to work independently and manage competing priorities.
• Meticulous with a keen eye for detail; committed to high standards of control and documentation.
• Team player with strong interpersonal skills and a positive, collaborative attitude.