You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Actuarial Intern
Job Summary:
We are seeking a talented and motivated Actuarial Intern to join our dynamic team. Reporting to the Senior Manager, you will play a crucial role in supporting various Actuarial projects, including annual actuarial initiatives, model/process optimization, and model governance. This internship offers a unique opportunity to gain hands-on experience with high net worth products in the Singapore life insurance market while contributing to innovative projects involving newly developed actuarial models and GenAI applications. This role presents excellent career development opportunities for ambitious candidates, with the potential for conversion to a permanent position for outstanding performers
At Sun Life Singapore, we blend the stability of a well-established global brand with the energy and innovation of a startup. Our culture is young, diverse, and collaborative, encouraging fresh ideas and out-of-the-box solutions. The company is experiencing growth in the Singapore market, offering ambitious candidates the chance to be part of an exciting expansion story
Key Responsibilities:
- Contribute to the company's annual business planning process by conducting in-depth analysis of capital management strategies and their implications
- Develop and maintain actuarial models for product cash flow projections, with exposure to various actuarial standards such as IFRS17 and Singapore RBC2.
- Contribute to ongoing projects, including model governance enhancement, optimization, and continuous improvement initiatives. Explore applications of newly developed actuarial models and emerging technologies like Generative AI where relevant.
- Collaborate with team members to develop, enhance, and automate processes, ensuring efficient workflows and a robust control environment.
- Demonstrate flexibility by taking on additional responsibilities as required by the team to support overall objectives and changing business needs.
Job Requirements
- Full time students working towards a bachelor’s degree in actuarial science, Mathematics, Statistics, Computer Science or a related field
- Ability to work effectively in a team-oriented environment and complete assigned projects.
- Strong technical skills and problem-solving ability
- Excellent collaboration skills across different teams.
- Proficiency in Microsoft Excel and VBA programming is required. Additional experience with any programming language for modeling purposes is not required but highly valued.
- Actuarial exam progression with a recognized international actuarial body is required.
- Experience with prior internships in the Life Insurance industry is preferred
- Proficiency in Moody’s AXIS or other actuarial modeling software is highly desirable.
Job Category:
Temporary Employee
Posting End Date:
30/03/2025
