Regional Reserving Analyst

Company
Munich Re
Location
Singapore , Singapore

Munich Re is the world’s largest reinsurer and a leading provider of reinsurance solutions in Asia. The Regional Centre in Singapore has grown and expanded substantially over the past years with more than 300 employees now. Southeast Asia is one of the most exciting regions in the world and offers great opportunities for Munich Re.

We are looking for an experienced P&C actuary to join our Regional CFO team. Based in our regional hub in Singapore, you will report to the Regional Head of P&C Reserving and will be involved in both Group and Local reporting for 4 branches across Asia.

Your Role

• Work with the Global Reserving function to ensure that reserving for all business units are performed accurately, appropriately, and in accordance with the highest standards.
• Support the continual oversight and monitoring of performance across all business units in the region.
• Main role in the review of the accuracy of quarterly results for each business unit, from both a Local and Group Closing standpoint.
• Support the Appointed/Certifying Actuary and various Finance teams in the regulatory reporting activities for all business units.
• Active involvement in the computation, analysis and reporting of capital and solvency requirements for each business unit.
• Provide support in ad-hoc tasks for local business units, the Global Reserving function, and other departments of the organisation as required.
• Review, improve, and automate processes relating to reserving and quarterly results.

Your Profile

• Nearly/newly qualified actuary with 4 to 7 years of actuarial experience in the property and casualty field.
• Analytical and highly organized, with the ability to work independently and manage business partners across multiple countries.
• Ability to communicate complex topics clearly and objectively.
• Experience in property and casualty reserving is necessary.
• Experience in reinsurance and IFRS17 is desirable.
• Programming skills in, at least, one of the following languages: R, Python, SAS, VBA, is desirable.

Our Benefits:

• Flexible and hybrid working arrangements.
• Generous annual leave allowance.
• Comprehensive dental, life and health insurance coverage.

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