Insurance Actuarial Consultant

  • 34419
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Dec 3, 2018
Bank or Investment Advisor
RESPONSIBILITIES
  • Join the team of SMEs assisting in the implementation of the actuarial code provided with the Prophet Liability and Asset Liability Strategy libraries.
  • Perform model reviews and deliver optimization reports based on customer models.
  • Design, structure and develop code during customer projects as required.
  • Provide Customer Prophet training to customers with a focus on all levels of courses.
  • Assist in the presales support of Prophet where required.
  • Local onsite customer assistance may be required for short periods.
  • Prototyping Solvency II / IFRS models in Prophet.
QUALIFICATIONS
  • The ideal candidate would possess a strong interest in modelling using actuarial systems, but they should also possess strong knowledge of Microsoft Excel, Word and PowerPoint.
  • Experience working in a life assurance department or consultancy.
  • Knowledge of the Prophet system or demonstrable equivalent experience, and involvement in key business projects using Prophet.
  • Good working knowledge of the various Prophet components, having created products in at least one of Prophet's actuarial liability libraries and significantly amended products in others.
  • Familiar with the Data Conversion System and Prophet Excel Reporting. It would also be beneficial to have an awareness of potential performance bottlenecks and solutions when using Prophet.
  • The successful candidate will have a background in life assurance or financial services, and a general knowledge of the financial services industry's regulatory and reporting frameworks, including an awareness of at least two of the following:
  • Realistic Balance Sheets.
  • Solvency II and/or Individual Capital Assessments.
  • European Embedded Values and Market Consistent Embedded Values.
  • International Financial Reporting Standards.
  • Strong verbal and written English language skills, and presentation skills are essential.