Skip to main content
Get Job Alerts Saved Jobs View All Jobs

Actuarial Manager

Location Singapore, Singapore Job type Full-Time Work mode Hybrid Job level Professional Job ID 13642 Company Munich Re Employment type Regular Area of expertise Actuarial & Risk Management
Apply Now

This is an exciting opportunity to join the Life and Health Valuation team in Singapore. The team oversees the valuation, reserving and regulatory reporting for Life and Health business of Munich Re Singapore branch, covering both global and local valuation bases including Solvency II, HGB, MAS and IFRS (9 and 17).

Reporting to the Head of Munich Re Singapore, Valuation, you will lead a team to ensure sufficiency of MAS and HGB reserves and analysis of the local IFRS17 and RBC2 reporting.

Your Role

  • Leading and guiding a team to ensure timely and accurate delivery of results
  • Quarterly and annual local IFRS reporting for Singapore
  • Quarterly and annual RBC2 reporting for Singapore
  • Propose MAS assumptions for Singapore business (e.g. PAD and expense)
  • Perform MAS Stress Test, ORSA, and Capital Planning for Singapore branch
  • Support Valuation Enhancement projects
  • Work closely with external teams (e.g. Finance, FinRe and Risk Management) during quarterly and annual reporting

Your Profile

  • Bachelor's or Master's Degree in Actuarial Science, Mathematics or Statistics
  • Has at least 5 to 8 years of valuation experience.
  • Has experience in MAS reporting
  • Qualified Actuary (newly qualified are welcome to apply)
  • Strong analytical, problem solving, and stakeholder management skills
  • Able to lead a team independently and collaborate effectively within a team environment
  • Able to prioritise tasks effectively and manage deadlines effectively
  • Proactive in improving processes and enhancing result accuracy
  • Proficient in Excel (can maintain complex spreadsheets), VBA, SQL and database management systems
  • Knowledge of IFRS17 standards, FinRe business and/or AXIS would be an advantage

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.

Apply Now

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

This may interest you

Featured Jobs

View jobs to show jobs list.

Save jobs to show jobs list.

Activate your job alert

Looking for the ideal professional challenge? Stay informed with the Munich Re Group job alert service: Munich Re, ERGO Group and MEAG offer a wide range of opportunities. Once you have set up the service, you'll receive automatic email updates on new job vacancies that match your search criteria.

Interested InPlease select a category, location, and/or company option. Click “Add” to create your job alert. You can add more than one combination to your alert.

By signing up, I acknowledge that I have read the privacy policy, and I wish to receive email communications.

To complete the Job Alert, your e-mail address, and the filter criteria you selected will be processed. The processing of the data is exclusively for the purpose of sending the Job Alert e-mails. With deletion of the Job Alert, your data will also be deleted. You can find further information about our imprint here: Privacy Policy.