[2025 Summer Internship] Actuarial Intern

Descripción del puesto:

Posting Start Date: 02/03/2025

Job Category: Internship

Job Family: Actuarial

What The Role Is

At #TeamCPF, you're not just joining a team; you are embracing a culture of excellence, collaboration, and meaningful impact. You will play a pivotal role in empowering over 4 million members to secure their retirement, healthcare, housing needs and better navigate life's uncertainties.

We thrive on sharp minds and insightful decisions. Your ability to analyse and think critically isn't just valued; it's essential. Every choice you make contributes to our collective success.

Collaboration is our way of life. We believe in the power of effective partnerships and seamless communications across teams. Together, we amplify each other's strengths and achieve remarkable results.

Our learning never stops. We encourage your inquisitiveness and courage to embrace new challenges head-on. Your agility, readiness to challenge conventions, embrace of data-driven strategies, dedication to learning and applying new skills fuels our innovation and progress.

At the core of everything we do lies a genuine desire to make a difference. We serve our community and support each other with compassion, empathy, and unwavering dedications. Every action we take is guided by a deep sense of purpose and a commitment to those we serve.

Join us at #TeamCPF! Together, let's redefine possibilities and leave a legacy that echoes for generations.

What Will You Be Working On

The Actuarial Services Department (ASD) is responsible for conducting actuarial analysis for CPFB-administered insurance schemes. This includes premium calibration, valuation, experience monitoring, policy reviews, risk management strategies, and assessing key financial metrics. The department also manages and enhances actuarial and analytical models, supports the implementation of regulatory frameworks and industry best practices, conducts research on actuarial approaches, and collaborates with internal and external stakeholders on actuarial and insurance issues. Additionally, the department produces actuarial-related analytics and projects that support the Board's initiatives.

In this role, you will:

* Conduct valuations for insurance schemes based on existing manuals and produce results for comparison with valuation reports. Provide feedback to enhance our processes and documentation.
* Assist in ongoing research and analytics on the health of the Singapore population, including referencing overseas developments.
* Hands-on experience in one or more of the following areas: experience analysis, policy evaluation, capital review, and financial metrics monitoring.

What Are We Looking For

We value the diverse skills and perspectives that each intern brings. While you may not need to meet every requirement fully, having some familiarity or budding expertise in the following areas will help you make the most of this opportunity and succeed with our team.

* Available Full time (5 days/week)
* Currently pursuing a Bachelor's degree in Actuarial Science or any related fields
* Strong technical, analytical, and problem-solving skills
* Good verbal and written communication skills
* Collaborative mindset and the ability to work effectively within a team
* Experience with data analytics and statistical programming is an advantage

Position is on a full-time internship basis from May - Aug

What you can expect

What You Can Expect

Being part of #TeamCPF means embarking on a challenging and rewarding career in a progressive workplace that values productivity and growth. Here's what awaits you:

* Opportunities to engage in a mix of formal and informal training, keeping your skills sharp in our ever-evolving technological landscape.
* Promotion opportunities based on your capability and on-the-job performance.
* A vibrant community of like-minded and friendly colleagues, where collaboration and creativity thrive.
* A hybrid work model that offers flexibility for remote work, subject to exigencies of service.
* Flexible dress code that empowers you to choose your appropriate outfit for the day.
* A comprehensive rewards package that includes annual leave, pro-family leave, medical and dental benefits, and access to recreational activities