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Senior Actuarial Analyst

Location Singapore, Singapore Job type Full-Time Work mode Hybrid Job level Professional Job ID 11888 Company Munich Re Employment type Regular Area of expertise Actuarial & Risk Management
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This is an exciting opportunity to join the Life and Health Central Life Reserving team in Singapore. The team oversees the valuation, reserving and financial 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 MRS Valuation, you will combine accounting, actuarial science, modelling, and regulatory expertise to ensure sufficiency of reserves and insightful financial reporting to the senior management at Munich Re.

Your Role

You will be involved across the full valuation and reporting cycle, including:

  • Proposing model enhancements and setting valuation assumptions for the Singapore business
  • Modelling new treaties in AXIS
  • Preparing quarterly and annual Solvency II reporting for Singapore
  • Delivering quarterly and annual IFRS reporting (Group and local)
  • Producing management reports for the local leadership team
  • Supporting annual financial planning for the Singapore business
  • Partnering closely with the local business teams to support commercial and reporting needs
  • Supporting local and Group audit processes
  • Collaborating with regional and global stakeholders (e.g. Oversight and Consolidation teams) during reporting cycles

Your Profile

  • Bachelor’s or Master’s degree in Actuarial Science, Mathematics or Statistics
  • At least 2 years of valuation experience preferred
  • Strong analytical, problem solving, research and project management skills
  • Excellent verbal and written communication skills
  • Proficient in Excel (can maintain complex spreadsheets), VBA, SQL and database management systems
  • Knowledge of IFRS17 standards 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 centre of this interaction is each of us.

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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.

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

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