Job Description
Join Munich Reinsurance, a global leader in risk solutions, as an Actuarial Analyst in Singapore. This is a high-impact opportunity to work directly with the Head of MRS Valuation, playing a pivotal role in maintaining our financial integrity and strategic growth.
In this position, you will bridge the gap between complex actuarial modelling and financial reporting. You will leverage your technical acumen to ensure capital sufficiency, regulatory compliance, and accurate valuation. We are looking for a proactive professional who thrives in a collaborative environment and is eager to apply actuarial principles to real-world reinsurance challenges.
You will be part of a high-performing team where innovation and continuous learning are encouraged. If you are detail-oriented, technically proficient, and passionate about the insurance industry, we want to hear from you.
Responsibilities
- Assist in the production of accurate valuation reports under the guidance of the Head of MRS Valuation.
- Develop and maintain complex actuarial models to support financial reporting and decision-making.
- Ensure full compliance with local regulatory requirements and internal reinsurance standards.
- Perform variance analysis on financial results to identify trends and potential risks.
- Collaborate with cross-functional teams to integrate actuarial findings into broader accounting strategies.
- Support the monitoring of capital adequacy and solvency requirements.
- Contribute to process improvements to enhance the efficiency and accuracy of valuation cycles.
Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progressing well through actuarial examinations (IFoA, SOA, or equivalent).
- Minimum 2-4 years of experience in actuarial roles, preferably within a reinsurance or life insurance context.
- Strong proficiency in actuarial software (e.g., Prophet, AXIS) and advanced Excel modeling.
- Solid understanding of financial reporting frameworks and regulatory standards.
- Excellent analytical, problem-solving, and communication skills.
- Ability to interpret complex data and present actionable insights to stakeholders.