Job Description

You are as unique as your background, experience and point of view. Here, you\xe2\x80\x99ll be encouraged, empowered and challenged to be your best self. You\'ll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you\'ll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

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• The Senior Actuarial Analyst/Actuarial Analyst will report to a Senior Actuarial Manager and will be responsible for actuarial modelling and analysis to ensure accurate and timely financial reporting and maximize value for the company.
• The Senior Analyst/Analyst will work closely with the Senior Managers on the team and will work directly with the Chief Actuary. The role allows for maximum exposure to leaders within the actuarial team and across business functions and has excellent career development opportunities for strong candidates.
• This is a unique opportunity to help build the Singapore presence for a new market entrant, with a track record of success in Asia. We offer a competitive benefit package and actuarial exam support.

Key Responsibilities

• Production, review and analysis of actuarial reserve and capital calculations including ensuring internal controls/reconciliation and compliance with external reporting requirements
• Responsible for actuarial modelling and analysis

• for local Singapore reserve and capital requirements in line with Sun Life & regulatory requirements
• for any new product initiatives, especially as related to local Singapore requirements
• Provide technical guidance to the team and ensure quality deliverables with control and audit trail
• Support on internal and external audits
• Collaborate with other employees

• to identify opportunity of processes improvements and analyses standardization
• build, enhance and streamline processes to ensure efficient workflows and a strong control environment.
• Conduct solvency capital forecast and analysis and contribute to optimization strategies and alternatives including reinsurance/capital management initiatives.
• Proactively support the successful establishment of the new entity as a key strategic initiative for Sun Life.
• Support and complete ad-hoc tasks and queries from internal and external stakeholders

• be part of the Finance team to drive the IFRS 17 changes
• take ownership in driving changes, implementing controls and automating processes
• determined to follow through issues and ensure resolution
• ability to progress in the absence of clarity and guidance
• ability to analyze complex IFRS 17 issues and ensure turnaround within stipulated timelines
• collaborate with various teams spanning across different time zones (including EST)
• support the monthly financial close, statutory/regulatory reporting
• other initiatives/projects/tasks assigned

Job requirements

• Bachelor in Accountancy, Accounting knowledge and experience is essential
• Audit, Insurance, IFRS 17, Actuarial knowledge is preferred
• Auditors from established accounting firms are welcome to apply

resolute in navigating challenges and ambiguity

actively involved in problem-solving with tight timelines

• Minimum of 3 years of experience in Life Insurance industry
• Actuarial exam progression with a recognized international actuarial body
• Experience and proficiency in Microsoft Excel including VBA is required
• Strong technical skills and problem-solving ability
• Challenge status quo, take initiative to improve current state of things and adaptable to embrace new changes
• Strong cross team collaboration skills
• Experience with Moody\xe2\x80\x99s AXIS or an alternative actuarial modelling software is preferred
• Experience with Singapore RBC 2 requirements is preferred

We offer 5-day work, attractive salary, group life and group medical insurance; and excellent career development opportunities to the right candidate.

We are an equal opportunity employer and welcome applications from all qualified candidates. Application forms and resume will be kept for a period of 24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category: Actuarial

Posting End Date:

Sun Life Financial