Senior Actuarial Analyst EC

  • 35686
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Aug 27, 2019
  • Calibration of the underlying risk distributions.
  • Review modelling of LBU management actions, in particular with regards to dynamic bonuses on Par business.
  • Review methodology for the application of EC stresses within the Prophet liability models.
  • Review methodology to stress different asset classes in the EC calculation.
  • Discuss with the relevant stakeholders to source all necessary information as background to the changes.
  • Accurately document, with sufficient backing analysis, the justifications behind the methodology decision/calibration.
  • Present impacts clearly to the relevant stakeholders.
  • Ensure that the EC framework is always in line with all applicable requirements.
  • Pro-actively investigate areas to enhance the framework and methodologies for known limitations.
  • Deliver a smooth rollout of new developments to agreed milestones.
  • Deliver a successful validation of the proxy models as often as required to ensure that the models are fit for purposes for ongoing capital calculations.
  • Ensure that key reporting deliverables are made on time and with sufficient review.
  • Ensure team members are managed responsibly.
  • Provide sufficient learning and development opportunities for junior team members.
  • 5+ years of relevant experience within life insurance or consulting.
  • Strong technical knowledge across actuarial modelling, valuation, and capital reporting.
  • Prior knowledge of EC is desirable.
  • Prior knowledge of a range of insurance products and common reporting metrics, would be beneficial to the role due to the overlap of EC models and methodology with other areas.
  • Prior experience of Par products and management practices would be beneficial.
  • Ability to independently manage a small team across a range of diverse tasks.
  • A clear communicator able to present technical methodology to management.
  • Fluent in both spoken and written English is essential.
  • Proficiency in Excel is expected, while knowledge of VBA and/or Prophet would be an asset.