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µî·ÏÀÏ 2021-01-08 ¸¶°¨

Managing Long-Term Product / Reinsurance Approvals from Home Office (Singapore/US)

 
  • Managing long term product and reinsurance approval process with Marketing, Product, U/W and Home Office

  • Communicating and providing responses to Home Office's requests and issues

  • Reviewing assumptions including L/R, expense rate and lapse rate

  • Preparing referrals including profit testing result

 

Long-Term US GAAP Reserve Valuation including LDTI (Long Duration Targeted Improvement) Implementation

 
  • Understanding US GAAP and LDTI reserving methodology

  • Defining LDTI data input and output requirements

  • Best estimate assumptions including L/R, expense rate and lapse rate update

  • AFM Model update and US GAAP Reserve report

 
 

Quarterly L/R review, if necessary, provide actuarial opinions to improve L/R

 
  • Estimating Reserve Review and Plan L/R

  • Monitor L/R trend using regular monitoring reports

Qualifications:

 
  • More than 6 years of Long Term Product and Actuarial Pricing or Reserving experience

  • Long Term US GAAP Reserve Valuation experience preferred

  • Actuarial Modelling (AFM, Prophet, etc.) experience preferred

  • Fluent English to communicate with Home Office

     

 
 

 


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