General Insurance Certified Actuary at ECICS Limited
Singapore, , Singapore -
Full Time


Start Date

Immediate

Expiry Date

23 Nov, 25

Salary

8000.0

Posted On

24 Aug, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Statistics, Soa, Actuarial Science, Emblem, Mathematics, Reporting Requirements

Industry

Financial Services

Description

REQUIREMENTS:

  • Associate or Fellow of a recognised actuarial body (e.g., IFoA, SOA, CAS).
  • Must be registered or eligible to be registered as a Certified Actuary with MAS under MAS Notice 133/134.
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline.
  • Minimum 5 years of actuarial experience in the general insurance industry, preferably in a direct insurer operating in Singapore.
  • Strong knowledge of RBC 2, FCR, and MAS reporting requirements.
  • Solid technical expertise in reserving, pricing, experience monitoring, and reinsurance analysis.
  • Proficiency in actuarial modelling software (e.g., ResQ, Igloo, Emblem) and data tools (Excel, R, Python, SQL).
  • Strong analytical and problem-solving skills with keen attention to detail.
  • Effective communication and stakeholder engagement skills, with the ability to present technical results to non-actuarial teams.
  • Self-motivated, proactive, and capable of working both independently and collaboratively.

How To Apply:

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Responsibilities
  • Lead and perform actuarial valuations for reserving and pricing across various general insurance product lines, such as motor, property, liability, and personal accident.
  • Ensure compliance with Monetary Authority of Singapore (MAS) regulations, including preparation and preferably be able to sign-off:- Financial Condition Reports (FCR)- RBC 2 submissions- Appointed Actuary annual certification
  • Collaborate with internal stakeholders (Underwriting, Finance, Claims, Product, and Reinsurance) to provide insights that inform business decisions and improve profitability.
  • Enhance and maintain actuarial models for forecasting, pricing, and capital adequacy in line with company policy and regulatory expectations.
  • Support portfolio monitoring by analysing loss ratios, claims trends, inflation, and emerging risks in the Singapore market.
  • Lead actuarial input in the development of new products and tariff reviews, ensuring technical soundness and market competitiveness.
  • Contribute to reinsurance strategy development by providing data-driven assessments of retention structures, treaties, and catastrophe exposure.
  • Supervise and mentor junior actuarial staff, fostering a strong internal actuarial capability.
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