Senior Actuarial Manager, IFRS17

  • 35999
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Oct 10, 2019
Insurance
RESPONSIBILITIES
  • Perform IFRS 17 Impact assessment. Understand IFRS 17 impact to the business. Work with various team to recommend changes to product, ALM and investment strategy.
  • Support policy development, include but not limited to IFRS 17 discount rate, financial risk measurements, par management etc.
  • Support actuarial model implementation.
  • Work with other teams to translate the policy application papers into model specs that provide unambiguous direction.
  • Develop additional test plans reflecting the unique product characteristics to augment the standard pre-defined test plans and enable assessment that models are coded correctly.
  • Perform testing to ensure model results are as expected and results are produced within expected timeframe.
  • Support policy assessment. E.g. Contract boundaries, measurement models, coverage units, reinsurance etc.
  • Support business plan under IFRS 17 basis.
  • Support Other Ad Hoc Projects.
QUALIFICATIONS
  • Degree holder in Actuarial Science, Mathematics/Statistics or Finance.
  • Qualified actuary - FSA, FCIA, FIA, FIAA or equivalent.
  • 8+ years of experience in actuarial operation within a life insurance organization.
  • Strong risk management and valuation knowledge, ideally possess knowledge in IFRS 17 or HKRBC requirement.
  • Subject Matter Expert of the team to support the development of the reporting process to meet the new IFRS 17.
  • Knowledge in AXIS or AXIS Enterprise Link is an asset.
  • Strong analytical and problem solving skills.
  • Good planning and coaching skills.
  • Accuracy and attention to details.
  • Able to handle multiple initiatives simultaneously and independently.
  • Excellent verbal and written communication skills.
  • Candidate with less experience will be consider as Actuarial Manager.