Senior Actuarial Associate
In Risk Consulting, we assist organizations in identifying, assessing, and managing risks to protect their assets and achieve their strategic objectives. Our services include third party risk assessments and management, risk assessment, internal audit, compliance, and cybersecurity. We provide tailored solutions to mitigate potential threats and enhance resilience. By helping clients navigate complex risk landscapes, we enable them to make informed decisions and maintain a secure and sustainable business environment.
The Opportunity.
As part of the Actuarial Services Unit (ASU), you will be providing quantitative and qualitative review based on different actuarial requirements. The actuarial review will be for the insurance liabilities of life insurance companies, non-life insurance companies and HMO companies, and review of retirement liability for various companies in different industries.
Key Responsibilities
- Prepares calculation templates, reports, and presentation
- Reviews actuarial assumptions and methodologies, according to applicable regulatory frameworks (e.g., regulatory and statutory), to check reasonableness of reserves, data appropriateness and compliance with statutory requirements
- Provides analysis and recommendation to clients regarding their actuarial assumptions and methodologies
- Engages in the implementation of IFRS 17: Insurance Contracts
To qualify for the role
- Graduate of Actuarial Science, Statistics, or Mathematics
- At least 3 years of relevant work experience
- Proven experience leading a team in a corporate setting
- Willing to explore and learn various aspects of the actuarial field – life, non-life, and retirement
- Strong analytical and problem-solving skills
- Keen attention to detail
- Good communication and writing skills
- Actuarial exams are a plus
- Experience in using VBA, R and Python is a plus