Total 5 Senior Executive admin executive job vacancies in Science / R&D / Research category

Responsibilities:

·       Develop product in accordance to food regulations, food safety standard and country standard policy

·       Participate in related R&D activities to create potentially profitable new products

·       Responsible for R&D Projects assigned and managing their progress to meet the targeted deadline

·       Formulation of recipes

·       Evaluate raw materials

·       Conduct shelf life stability study

·       Prepare reports and relevant documents as requested and compliance to ISO standard

·       Involved in product scale up and assist in product technology transfer

·       Assist in Artwork Checking

·       Lab maintenance and calibration of equipments

·       Provide technical support for product troubleshooting

·       Provide technical support to relevant sales, customers and other related departments

Qualifications:

-      Diploma / Bachelor in Food Technology or other Applied Science

-      Minimum 2 - 3 years of relevant working experience in Food industry, preferably in beverage industry and
involved retort process

-      Knowledge in HACCP, GMP, Halal and other food safety regulations will be an added advantage

-      Independent and able to work with minimal supervision

-      Team player within itiative and good communication skill

-      Pro-active in seeking solutions and problem solving skills

-      Proficient in Microsoft Office (Word, Excel, PowerPoint)

Job Description:

New Product Pricing

• Liaise and coordinate with Product team to provide actuarial support in product development process. It includes:

- advising on product design, developing and maintaining pricing model, ensuring accuracy and robustness in technical pricing

- proposing assumptions used in pricing

- using relevant pricing model to derive premium rates and access profitability, as well as highlighting key risks associated with the product;

• Ensure that the proposed premium rates are adequate and provide sufficient resilience against risks;

• Ensure that the assumptions used in pricing are consistent with internal guidelines /experience and pricing methodology is compliance with both regulatory and internal requirements;

• Comply with internal and regulatory filing requirements in relation to pricing

Product Implementation

• Liaise and coordinate with Product, Operation and IT teams to provide actuarial support to new product implementation, which includes operational set-up, system testing and policy documents review;

• Provide actuarial support in preparing policy illustration of life insurance products and ensuring that they are compliant with industry / regulatory requirement;

Reinsurance

• Participate in treaty review

• Reinsurance policy review

Other product related project

• Handle special quotations and other policy servicing queries.

• Handle and perform Day 2 system UAT

• Any other project/work assigned by the company

Requirements:

• Undergraduate degree from a recognized university, major in Actuarial Science/Math/Statistics or a related discipline
• 1 year+ relevant actuarial experience
• Strong actuarial knowledge, strong analytical and problem-solving skills
• Engaging and open-minded working attitude with emphasis on being a good team player
• Meticulous for detail in risk assessment and profitability analysis
• Proficient in Microsoft Office (Excel, Word, Power Point)
• Proficient in actuarial computing (VBA, SQL, R, Prophet)

Critical Tasks and Expected Contributions/Results:

• To support APAC valuation tasks for Australia and Singapore as follows:

• Assist in internal US GAAP reporting, local statutory reporting (e.g. ALCO and ORSA), as well as annual reserve and expense study

  Assist in setting reserves for financial close, conduct claims and loss ratio detailed movement analysis and understanding of underlying key drivers

  Data preparation and assist in the development and maintenance of claims/actuarial database and analytic dashboards

  Provide support in optimizing and streamlining reserving processes. This includes proposing and implementing improvements while maintaining robust controls and proper documentation

  Participate in actuarial reserving projects such as IFRS17 and collaborate with other business functions in ad-hoc projects to implement key strategic initiatives

  Any other ad-hoc tasks as assigned

Key Challenges/Anticipated Changes in Environment:

• Able to juggle priorities and work under pressure to meet tight deadlines
• Have strong financial acumen and professional integrity. Able to balance and apply actuarial principles in a commercial setting

Developmental Value of Position:

• Develop the ability to work independently while taking ownership to contribute actively to a high-performing team environment
• Cultivate a strong growth mindset to have a deep hunger and willingness to experiment, explore and broaden actuarial expertise
• Strengthen communication and interpersonal skills to productively interact with cross-functional colleagues.

Experience/Knowledge, Education and Other Requirements:

• Bachelor’s degree in Actuarial Science or related field of study
• Associate level or candidates actively pursuing actuarial qualifications from the Society of Actuaries, Institute and Faculty of Actuaries, or comparable actuarial bodies
• 1-3 years of relevant actuarial experience. Strong fresh graduates are welcome.
• Good knowledge and experience of valuation and reporting process
• Good understanding in health insurance, health claim process, healthcare systems, IFRS17 is a plus
• Good knowledge and strong interest in programming (e.g. Alteryx, AWS, ResQ, SQL and Tableau). Proficient in Microsoft (Excel, Access, Powerpoint etc.)
• Strong communication and presentation skills

Personal Competencies Required:

• Have good understanding of the Actuarial valuation function and operating models
• Strong analytical and numerical skills, applied to insurance and finance data domains
• Ability to apply technical knowledge and skills in automating and streamlining work processes
• Fast learner and detail oriented. Be able to complete tasks assigned accurately and in a timely manner. Be able to identify and highlight critical issues to be discussed throughout the whole process

End of Contract Staff:

• Counselling staff on off-boarding matters especially for those who still wish to continue employment but not offered employment by institution

• Working with institution to manage the off-boarding due to request from staff to end employment with varying dates (e.g. end earlier to save rental cost)

• Addressing staff enquires and varying request for the air ticket arrangements, working with recruitment agent for quotation for air ticket and managing logistics for repatriation

Transfer Staff:

• Extensive administrative work with provision of P-files, leave records, claims utilisation, salary and contract information for transfer staff

• Incomplete and wrong leave submission by staff which require extensive effort to reconcile before processing leave encashment

• Manual work related claims submission requiring multiple follow up and verification due to high volume of transfer 

• Verifying and resolving housing issues, as unauthorised tenancy will affectpass issuance and delay transfer

• Working with institution HR to ensure that staff who are nearing the 2 years contract are transferred before the pass expires

• Increase mid-month transfer which requires manual matching of roster due to absence of work schedule system to ensure accurate salary computation

TELE me at @jacechooo or WA me at https://wa.me/+6582976283 NOW!
Interested candidates please submit your resume to jacechoo@recruitexpress.com.sg

Jace Choo Oi Kei

Personnel EA License No.: R1875164

Recruit Express Pte Ltd (EA Licence No.: 99C4599

Job Responsibility:

• Maintain, develop, and enhance actuarial models, including Prophet, DCS, Python, and other actuarial software tools.
• Enhance and maintain the actuarial model governance framework, ensuring alignment with industry best practices and adherence to actuarial model development standards.
• Collaborate closely with internal and external stakeholders to meet the company’s actuarial and modelling requirements.
• To provide advice, and support for modelling initiatives and projects.
• Support Corporate Planning &Analysis project UAT activities, including (but not limited to) unit testing for expense allocation, CSM calculations, and other related testing tasks.
• Assist with ad-hoc projects and analyses as required.

Requirements:

• Bachelor’s degree in Actuarial Science or a related discipline, with good progress in actuarial examinations from a recognized international actuarial body.
• 3+ years of experience in life insurance actuarial modelling; experience with IFRS 17 is a strong advantage.
• Hands-on experience with actuarial modelling software, including Prophet, DCS, Python and etc.
• Good understanding of life insurance products, actuarial valuation principles, and financial reporting processes.
• Good analytical, problem-solving, and communication skills, with the ability to work effectively across functions.