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Actuarial Analyst / Senior Actuarial Analyst - P&C

WTW

WTW

IT
Singapore
Posted on Jan 27, 2025

Job Description

The Role

As a P&C actuarial analyst in ICT, you will work as part of the Southeast Asia regional team on projects focused mainly on general insurance. You will be involved in a variety of projects including IFRS 17, pricing, reserve valuation, data science/analytics, RBC/ICAAP, merger and acquisitions etc for our clients across Southeast Asia. Many of the projects will involve using WTW’s market leading actuarial software and techniques to produce customized solutions for our clients.

Responsibilities:

Your responsibilities will also include:

  • Producing, analyzing and explaining the results, and will work closely with other analysts/consultants and the project lead/manager to ensure timely delivery of projects.
  • In addition to project delivery, you will also be supporting the project manager on drafting project plan, managing assigned workstreams, and ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards. You will also be supporting on client communication, and business development activities.
  • Working with consultants and project managers on a variety of insurance-related client projects which includes, but not limited to:
    • IFRS 17
    • Reserve valuation
    • Pricing
    • Data science and predictive analytics
    • Merger and acquisitions
    • Risk management and capital management
  • Developing actuarial models using WTW’s market leading actuarial software and techniques to produce customized solutions for our clients


Performance Objectives:

Excellence

  • Deliver high-quality work in compliance with Excellence standards and proactively look to improve the process
  • Manage time effectively across multiple concurrent assignments
  • Actively seek learning and development opportunities
  • Support on research and Intellectual Property Development (IPD) work

People

  • Build strong relationships internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
  • Serve as mentor to junior team members

Clients

  • Deliver work in accordance to project deadlines and meet or exceed client expectations
  • Work as part of a multidisciplinary consulting team to analyze issues and develop value-added solutions for the clients
  • Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects

Financial

  • Meet billable hours targets
  • Manage project budget efficiently
  • Contribute to sales activities by assisting on proposals, demos, presentations and pitches

Qualifications

The Requirements

  • Degree in Actuarial Science, Mathematics, Statistics, Engineering or any other related quantitative fields
  • Fresh grads, and experienced hires with up to 4 years of relevant experience in general insurance or consulting/regional roles. More experienced candidates may be considered for the senior actuarial analyst position.
  • Good progress with actuarial exams from recognized International Actuarial Bodies (e.g. CAS, IFOA etc)
  • Strong analytical and problem-solving skills
  • Excellent communication, especially in presentation and report writing
  • Self-driven achiever, and able to work independently with minimal supervision
  • Excellent Microsoft Office skills, particularly in Excel
  • Good time management skills, and able to manage multiple concurrent projects efficiently
  • Basic understanding of the insurance landscape, IFRS 17, reserving, M&A and/or pricing
  • Familiar with WTW’s actuarial modelling software (eg. Emblem, Radar, ResQ, ResQ Financial Reporter, Igloo) is a plus

Equal Opportunity Employer

Job Info

  • Job Identification 202500409
  • Job Category Risk
  • Posting Date 01/27/2025, 03:40 AM
  • Locations Singapore, Singapore, Singapore
  • Apply Before 04/15/2025, 04:40 AM
  • Job Schedule Full time