Property & Casualty Actuarial Intern

Company

Allianz Insurance Singapore

Experience

0 Years

Practice Area

General

Position

Full-time / Part time / Contract

Description

   

This is an intern position within the finance function and will assist the actuarial (P&C valuation) team in preparing data and reports as part of the actuarial valuation and analysis process.

Candidates should be able to commit either part-time (3 working days/week) or full time for a period of at least 3 months and up to 6 months.

The actuarial (P&C) team is responsible for several key functions and operations that are crucial to the running of the company including: actuarial reserve calculations, Solvency Requirement calculations, financial projections, stress testing exercise and reinsurance calculations.

This is an excellent opportunity for the successful candidate to obtained real hands-on actuarial experience within a dynamic working environment.

The intern will be responsible for assisting the team with:

  • Preparing accurate data to calculate insurance actuarial reserves.
  • Assisting the team in the internal and external reporting requirements, such as MAS RBC2, Solvency 2 reporting.
  • Production of key experience analysis reports in a timely manner for internal stakeholders.
  • Conducting UAT on system developments, such as IFRS 17 implementation and ongoing data improvements.
  • Assisting in carrying out reinsurance reporting and billings.
  • Providing suggestions and assistance to improve current reporting processes.

Capabilities and Qualifications:

  • Currently  or completed studies in an Actuarial Science-related university course (e.g., Actuarial Science, Statistics, Mathematics, Accounting, Engineering and etc).
  • Proficient in Microsoft Office applications, in particular Excel, Power Point and Words.
  • Possesses good attention to detail, interpersonal skills, reliability & conscientiousness.
  • Strong analytical skills.

Application: