Corporate Actuary
Administration
Salary
Location
Job Overview And Responsibility
1. Valuation & Financial Reporting: (15%) - Perform valuation process in different actuarial frameworks (Local statutory reserve, Value of New Business, Source of Earnings…) - Perform Budget Planning / Forecasts and monitor and analyze actual performance against the plan. 2. Inforce Management: (15%) - Perform regular and ad-hoc reports on Claim rates (mortality & morbidity) and Persistency. - Perform assessment on Common Actuarial assumptions, including studies and assumption setting for Mortality/Morbidity rates, Expense, Persistency, and Economic assumptions. Propose and provide an impact assessment of relevant assumption changes, if any. - Reinsurance management: new quotation analysis, treaty review, and reinsurance administration. 3. Modelling and Actuarial business solutions: (10%) - Modeling of life insurance products in Prophet, performing validation with the pricing model, and ensuring compliance with local regulations and international standards. - Assets and liabilities management (ALM): measure, identify, and propose solutions to reduce ALM risk. - Distribution compensation scheme: set up models and perform various scenario testing. Monthly accrual commission calculation and booking. 4. Projects and Initiatives (60%) - Contribute to the implementation of new reporting standards (IFRS17, RBC, Embedded Value) - Enhance Business Intelligence & Analytical capabilities by leveraging new technologies (Python, R, PowerBI, Tableau)
Required Skills and Experience
- Bachelor's/Master's of Actuarial, Mathematics, Finance, or related major - At least 1-2 years of relevant working experience in the Actuarial domain
Why Candidate should apply this position
Benefits will be shared in details for successful candidates.
Preferred skills and experiences
Prioritize candidates who can onboard as soon as possible.
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