Job Listing

Job Responsibilities:

Leadership

- Lead and develop a team of 2-4 actuaries including senior executive and executive.

- Provide guidance and training to junior actuaries.

 

Financial Modelling

- Develop, enhance, and review Prophet Models in accordance with the Prophet Development Framework

- Produce documentation for the Prophet developments.

- Provide guidance to junior actuaries for Prophet modelling activities.

 

Financial Reporting

- IFRS17 analysis and report.

- New Business Value and Market Consistent Valuation: produce New Business Value and Economic Capital analysis and report.

- Carry out local regulatory financial reporting for Business Units in the region.

- Analyse results and provide business insight to stakeholders in both the Asia Pacific business units and Corporate Centre, taking into account relevant business context.

 

Advisory and Consulting

- Provide ad hoc support to Business Units in the region on business planning, experience studies and assumption setting, capital modelling etc.

- Provide project (e.g. M&A) support to Business Units and APAC regional office.

- Assist methodology development and production of analysis of profit.

- Identify areas for improvement in modelling and reporting processes and drive improvement initiatives.

- Coaching and development of junior members.

 

Job Qualifications

Required:

- Degree qualified, preferably in Actuarial studies.

- Qualified or nearly qualified actuary of an internationally recognised actuarial institution (SOA, IA, IAA)

- Minimum 6 years of relevant working experience in the life insurance industry

 

Knowledge

- Strong actuarial technicality

- Experience in Prophet modelling is essential, knowledge of stochastic modelling, VBA/SQL programming is a bonus

- Familiarity with IFRS17, embedded value and economic capital or market consistent valuation concepts

- Knowledge of accounting concepts including an understanding of revenue accounts and balance sheet

- Knowledge of statistical and actuarial tools and techniques

 

Skills & Competencies

- Risk identifier with strong attention to detail

- Strong leadership, work effectively, both individually and with others in a team

- Ability to deliver on deadlines and work under pressure

- Excellent written communication and ability to produce business documents that demonstrate structured thought and clearly present the business issues and outcomes

- Strong verbal communicator. Ability to explain complex concepts in a simple manner.