Actuarial Manager, Assistant Manager IFRS17

  • 35401
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Jun 19, 2019
Insurance
RESPONSIBILITIES
  • Be responsible for producing discount rate curves for model testing, and IFRS 17 Transition discount rate curves for parallel run during model development phase.
  • Be responsible for producing regular quarterly as well as out-of-regular-cycle production of discount rates for all BUs, once methodology and tools are finalized.
  • Support the rollout and socialization of discount rate tools to BU. This includes conducting technical training, providing technical advice on implementation issues and performing high level review of the implementation results from BUs project team.
  • Support the development and update of IFRS 17 valuation manual and methodology specification for system implementation.
  • Support automation implementation and model/tool maintenance and ensure clear and complete documentation on this.
  • Support refinement of discount rate methodology, as well as implement necessary changes to the discount rate tools as required.
  • Support work required for discount rate governance, both for internal review and external audit. This includes documenting evidence and rationale/justification on methodology chosen.
  • Support other out-of-production-cycle and ad hoc work related to discount rates.
QUALIFICATIONS
  • Knowledge on economic assumption setting and market data is preferred.
  • Knowledge of programming language is a plus.
  • Experience in IFRS 17 is a plus.
  • Fast learner and be able to quickly get up-to-speed with the requirements in IFRS 17.
  • Self-motivated and be passionate about participating in Group-wide changes.
  • Strong analytical skills and be able to clearly present results systematically and logically.
  • Team player with good communication skills.
  • Embrace ownership in various tasks and be able to provide thoughtful recommendations.