Job Description

FWD Group is a pan-Asian life insurance business with more than 11 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year anniversary in 2023. The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance. Visit

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

PURPOSE

This role leads a small team of actuaries and owns the Embedded Value reporting function. This provides opportunities to work directly with the AA and CFO in matters relating to embedded value, strategic plans and other key projects.

KEY ACCOUNTAIBILITIES

• Be the subject matter expert in embedded value topics. Knowledge on other actuarial functions, such as capital management, IFRS 17, experience studies and business planning is a plus.
• Drive technical aspects of SME topics independently.
• Support in communication and stakeholder management of SME topics.
• Anticipate risks and changes to financial metrics, regulations and group requirements on SME topics and highlight them promptly, providing solutions where possible to manage the risks or gaps.
• Ensure timely and successful deliverables on regular and periodic controls such as report validation, reserve movement analysis, audit logs, etc.
• Pro-actively identify process gaps and/or routine tasks to drive process enhancement and automation initiatives to improve reporting processes in terms of speed, accuracy and controls.
• Manage and develop the team to ensure high quality of deliverables and commentaries.
• Ensure proper controls are in place with audit trail and compliance with Group policies
• Assist in the coordination of work and resource planning to ensure that projects and deliverables to all key stakeholders are met with good quality.
• Support AA and CFO and the team on key ad-hoc projects where required.
• Build strong relationships with key internal and external stakeholders including Business Units, Finance, Group Actuarial/Finance and Auditors

• Bachelor\xe2\x80\x99s Degree in Actuarial Science
• Qualified / near-qualified actuary with 6-9 years of experience

• Strong technical skills, with some focus on valuation and reporting
• Good knowledge on insurance regulations
• Experience with Prophet and Microsoft Excel
• Strong analytical skills with a keen eye for details
• Good communication and stakeholder management skills
• Track record in driving successful team projects will be a bonus

FWD Group