Prudential

IFRS17 Actuarial Specialist (2-Year Contract)

Prudential
BankingSingaporeOnsitePosted 4 weeks ago

About the role

This IFRS17 Actuarial Specialist role is a 2-year contract focused on implementing and managing actuarial reporting under the IFRS17 framework. The specialist will handle actuarial valuation, model development, and cross-functional coordination to ensure regulatory compliance and financial accuracy.

BankingOnsite

Key Responsibilities

  • Perform actuarial modeling and valuation under the IFRS17 framework
  • Lead the implementation and maintenance of IFRS17 actuarial reporting processes
  • Analyze financial impacts and prepare actuarial reports for management and stakeholders
  • Develop and test actuarial tools and systems for data integration
  • Coordinate with Finance and IT teams to ensure system alignment with reporting standards
  • Maintain comprehensive documentation of actuarial methodologies and assumptions
  • Ensure compliance with internal controls and external regulatory requirements
  • Support audit processes by providing data and methodology explanations

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Strong progress toward or completion of professional actuarial qualifications (SOA, IFoA, or equivalent)
  • Proven experience in life insurance actuarial reporting or valuation
  • In-depth knowledge of IFRS17 accounting standards and implementation challenges
  • Proficiency in actuarial software such as Prophet, GGY AXIS, or similar platforms
  • Advanced Microsoft Excel skills including VBA and data modeling
  • Experience with data analysis tools like SAS, SQL, or Python
  • Strong analytical skills with the ability to interpret complex financial data
  • Excellent communication skills for collaborating with technical and non-technical teams
  • Ability to commit to a 2-year fixed-term contract duration