Job Listing

Job Summary
The role combines both leadership and hands-on execution responsibilities in Capital Management, including the delivery of monthly RBC and quarterly CAR analysis, and leading OIC/ORSA activities such as stress testing and regulatory submissions while ensuring compliance with OIC requirements.
It supports financial forecasting and business planning, drives the Capital Management Plan, and assesses capital impacts from products, partnerships, and investments. The role also plays a key role in value creation through Asset Liability Management (ALM), Participating (PAR) fund management, retention and portfolio optimization, reinsurance optimization, and supporting in-force management initiatives.
The role provides capital input to SAA and ALM reporting, evaluates market risk impacts, and collaborates closely with Finance, Investments, Product, Pricing, and Risk teams, while presenting clear insights to senior management and stakeholders.

Key Responsibilities
1. Capital Monitoring & OIC Reporting
- Produce and review monthly RBC estimation and quarterly Capital Adequacy Ratio movement analysis
- Lead and coordinate OIC and ORSA requests, including stress testing, surveys, and data collection
- Ensure compliance with OIC RBC framework, guidelines, and capital reporting requirements
- Liaise with regulators on capital-related queries and submissions
2. Capital Planning & Forecasting
- Lead capital input into financial forecasting
- Lead the development and monitoring of the Capital Management Plan
- Assess capital impact for new product offerings, new bids for distribution partners, new investment initiatives, and reinsurance optimization activities
3. Investment & ALM Support
- Lead the annual participating fund management declaration process
- Lead the Asset Liability Management process, including but not limited to reviewing PAR, NPAR, and Shareholder funds
- Provide capital insights for Preliminary SAA (Strategic Asset Allocation)
- Support ALM / SAA (ALM-SAA updates) for management committees
- Assess market risk capital impacts and optimize investment strategy
- Desired but not required: Develop stochastic asset and liability management models
4. Stakeholder Management
- Collaborate with:
- Finance (planning & reporting)
- Investments / ALM teams
- Product & Pricing
- Risk Management
- Present capital insights to senior management and committees

Qualifications & Experience
- Communication: Excellent command of English with strong communication skills is essential. Applicants with high TOEFL or IELTS scores will be preferred.
- Education: Bachelor’s or Master’s degree in Actuarial Science
- Experience: At least 10 years of actuarial, ALM, and capital management experience
- Candidates with comparatively less experience may be considered for a Manager-level role
- Actuarial Exams: Solid progress in actuarial exams – fully or nearly qualified
- Candidates with comparatively less experience may be considered for a Manager-level role
- Managerial Competency: Proven experience in capital management, ALM, and effective collaboration with internal and external stakeholders
- Software: Prophet, SQL, and MS Excel (VBA) are essential