Total 3 payroll analyst job vacancies in Science / R&D / Research category

• Perform timesheet calculations and payroll processing.

• Collate payroll information and employee data.

• Create and update employee data/records in payroll system.

• Prepare and compile payroll and billing related reports.

• Submit NS make-up pay claims, government paid maternity leave claims and government paid childcare leave claims.

• Any other ad-hoc duties

Interested candidates, please email your resume to annasee@recruitexpress.com.sg

Anna See Sing Yee

CEI Reg R25157535

Recruit Express Pte Ltd

EA License No: 99C4599

We regret that only shortlisted candidates will be contacted

The Opportunity:

Acts in an actuarial capacity, performing duties which are of a mathematical and/or financial nature in order to provide highly accurate data and analyses for use by Actuaries in the evaluation of loss reserves. Looking for a highly motivated individual who is willing to learn, collaborates well with team members and works independently. The role reports to the Chief Reserving Actuary.

Key Responsibilities:

• Support in evaluating insurance technical liabilities on a quarterly basis for management and regulatory reporting as well as formal submission of actuarial investigation report and actuarial-focused returns for financial year-ends. This includes but not limited to performing data validation, compiling & categorizing data, conducting analyses & experience investigations and verifying factors and assumptions used in computations to ensure robust output.
• Participate in the evaluation, review and make recommendations on improvements of reserving processes (including automations) and standards that are consistent with internal Zurich actuarial policies and guidance and, where relevant, compliant with Group, Regional, and Local regulatory policies.
• Support in loss ratio planning and forecasting.
• Contribute to performance monitoring meetings in understanding of results, providing insights on trends & developments and communicate key uncertainties & issues.
• Support in assessing the company’s financial condition (i.e. solvency assessment, annual ORSA & IWST process), and under such economic & business conditions as regulator may specify.
• Proactively identify professional development and inculcate a sense of team spirit, teamwork and inter-team collaboration.
• Support Finance, Underwriting, Pricing, Claims, Risk and other functions on reserving, business initiative & projects and strategic business decisions as relevant.

Qualifications, Experience & Skills:

• A bachelor's degree in actuarial science, mathematics, statistics, economics, or a related field is usually required.
• Professional qualifications such as the Institute and Faculty of Actuaries (IFoA) or Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) can also be beneficial in advancing your career as a Valuation Actuarial Support Analyst.
• Strong analytical and problem-solving skills are essential, as well as proficiency in statistical analysis software such as Excel including VBA, RStudio,and Power BI.
• Good communication skills are important to explain complex actuarial concepts to non-actuarial stakeholders.
• Previous work experience in an actuarial role is highly desirable.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

People are Zurich’s most important asset. Their varied skills, perspectives and experiences drive innovation. And they reflect the breadth and diversity of our customers, suppliers, communities and investors around the world. We are committed to attracting and retaining talented individuals from a variety of backgrounds and experiences.

Let’s continue to grow together!

This is an exciting opportunity to join the Life and Health Central Life Reserving team in Singapore. The team oversees the valuation, reserving and financial reporting for Life and Health business of Munich Re Singapore branch, covering both global and local valuation bases including Solvency II, HGB, MAS and IFRS (9 and 17).

Reporting to the Head of MRS Valuation, you will combine accounting, actuarial science, modelling, and regulatory expertise to ensure sufficiency of reserves and insightful financial reporting to the senior management at Munich Re.

Your Role

You will be involved across the full valuation and reporting cycle, including:

• Proposing model enhancements and setting valuation assumptions for the Singapore business
• Modelling new treaties in AXIS
• Preparing quarterly and annual Solvency II reporting for Singapore
• Delivering quarterly and annual IFRS reporting (Group and local)
• Producing management reports for the local leadership team
• Supporting annual financial planning for the Singapore business
• Partnering closely with the local business teams to support commercial and reporting needs
• Supporting local and Group audit processes
• Collaborating with regional and global stakeholders (e.g. Oversight and Consolidation teams) during reporting cycles

Your Profile

• Bachelor’s or Master’s degree in Actuarial Science, Mathematics or Statistics
• At least 2 years of valuation experience preferred
• Strong analytical, problem solving, research and project management skills
• Excellent verbal and written communication skills
• Proficient in Excel (can maintain complex spreadsheets), VBA, SQL and database management systems
• Knowledge of IFRS17 standards and/or AXIS would be an advantage

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