Analyst, Valuation (Actuarial) at Pacific Life

Singapore

Pacific Life Logo
Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Recent graduate or part-qualified actuary
  • Up to 2 years’ experience in life insurance or life reinsurance
  • Strong analytical and problem-solving skills
  • Ability to work collaboratively in teams
  • Willingness to challenge and improve processes
  • Willingness to learn actuarial modelling software
  • Proficiency in Microsoft Excel
  • Ability to manage own workload with guidance and support

Responsibilities

  • Collaborate within the New Business sub-team, supporting the Manager and other team members as required
  • Assist with implementation of new treaties and historical unimplemented treaties
  • Assist in embedding and improving the global control framework for implementations
  • Liaise with our Operations teams regarding the provision of valuation extracts
  • Liaise with our Pricing teams regarding the handover of information for new treaty implementations
  • Contribute to the continuous improvement of implementation processes
  • Assist in specifying model requirements and testing new developments related to new treaty implementations
  • Support with the implementation of our cross-functional ‘Tiering’ framework
  • Help maintain key CA data policies
  • Assist other sub-teams with model updates and runs as required

Skills

Valuation
Actuarial Modeling
Financial Reporting
Business Planning
Process Improvement
Stakeholder Management
Collaboration

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Paid Vacation
Paid Parental Leave
Adoption Assistance
401(k) Retirement Plan
401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.
Potential financial exposure from significant real estate investments.
Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.
Recognized as a top community-minded company, enhancing brand reputation and trust.
Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.
Enhanced annuity products offer flexibility and growth, increasing product attractiveness.
Strong real estate financing position opens more sector opportunities.

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