Senior Analyst, Actuarial

Job Purpose

The Senior Analyst is responsible for delivering accurate and timely actuarial production and analysis to support regulatory financial reporting. The role focuses on the production and analysis of actuarial reserves, capital, and other statutory actuarial requirements in accordance with Singapore regulatory standards. It also encompasses actuarial modelling, risk assessment, and the identification and mitigation of key actuarial risks.

Major Accountabilities

• Produce and analyse actuarial reserves, capital calculations, and other statutory actuarial metrics for submission to regulatory bodies, including the Monetary Authority of Singapore (MAS), the Life Insurance Association (LIA), and the Singapore Deposit Insurance Corporation (SDIC).

• Perform actuarial modelling to support Singapore reserve and capital requirements, ensuring alignment with Sun Life Group standards and local regulatory expectations.

• Analyse movements in reserves and solvency to assess the financial impact of business developments and market conditions.

• Drive continuous improvement of actuarial reporting processes to enhance efficiency, strengthen controls, and support a robust governance environment.

Role Requirements

Education and Experience

• Minimum of 3 years’ experience in actuarial valuation or related actuarial roles.

Professional Qualification

• Demonstrated good progress in actuarial examinations.

Skills and Knowledge

• Proficiency in actuarial software.

• Knowledge of Singapore RBC 2 requirements is preferred.

• Experience in actuarial process improvement and automation is an advantage.