The Role
This entry role will provide operational assistance to reporting and valuation duties for the firm’s Korea business. Reporting to the AVP of Corporate Actuarial, you will work with colleagues across Korea and Singapore and will be involved in various valuation activities including IFRS17 and K-ICS through production and analysis of results. There may be support needed for other responsibilities of Corporate Actuarial or ad-hoc regulatory and divisional projects.
You will ideally have a bachelor’s degree in actuarial / economics / math / statistics related discipline with passes in 2 or more actuarial exams. Trainings and study support will be provided to the right candidate who will make progress towards full qualifications.
Description
1. Support the production and analysis of K-ICS valuation for the company’s Korean entity including updating data, running actuarial software, compiling results, checking, and analysing the output, preparing figures for submission, documenting results.
2. Support the production of regulatory requirements for IFRS17 in Korea including updating data, assumptions, and models, checking, and analysing the output, preparing figures for submission, documenting results and improving procedures and control. Will be working closely with Finance department.
3. Support other areas in Corporate Actuarial, such as other regulatory reporting activities or ad-hoc local and divisional projects
Qualifications & Experience
Essential
– Actuarial student with up to 2 years experience in life or long-term non-life insurance. Fresh graduates are welcome to apply.
– Proficient technical skills in computer software including Microsoft Excel
– Strong quantitative skills, inquisitive mind, and great attention to detail
– Proficiency in Korean and English, both written and verbal
– Strong analytical, problem solving and communication skills
– Ability to work to timelines and multi-tasking
Desirable Experience
– Good understanding of actuarial valuation principles and processes is a plus
– Experience of an actuarial software is a plus
– Knowledge of actuarial regulation such as IFRS17, US-GAAP and K-ICS is an advantage
