Regional Actuary

  • 37384
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • May 14, 2020
Insurance
RESPONSIBILITIES
  • Understand the group high level IFRS 17 principles and translate those into practical solutions applicable and most appropriate for LBUs.
  • Develop clear and concise guidance helping LBUs implement the new requirements.
  • Argue for technical interpretation which are optimal for LBUs and at the same time are compliant with the requirements.
  • Supporting local business units with any local IFRS 17 requests e.g. regulatory or accounting body related.
  • Upskilling LBUs on IFRS 17, delivering / assisting with preparation of training materials for the company and LBUs.
  • Work with the solutions team towards the agreement of appropriate business requirements as a basis for system development and data and processes fine-tuning.
  • Support Group Accounting Policy development from a more operational stand point through addressing specific follow-up questions or requests for topic based testing to inform Group technical decisions.
  • Support the definition and development of future management information and analysis required.
  • Work together across disciplines to come up with a holistic analysis of possible solutions and pros and cons, supporting management decision.
  • Manage IFRS 17 Delivery in BAU - assist with the management of transitioning the overall actuarial responsibilities for IFRS 17 to BAU, both at Regional Head Office and in the LBUs.
QUALIFICATIONS
  • Qualified Actuary.
  • Significant knowledge of the life insurance industry in Asia.
  • 10+ years actuarial experience within a life insurance company combined with some experience in a professional services firm.
  • A demonstrable interest in IFRS 17; Solvency II and/or European Embedded Value knowledge would be beneficial.
  • Knowledge of relevant existing business processes would be beneficial.
  • A good understand of messaging actuarial results desirable.
  • Excellent written and spoken English skills with strong verbal and interpersonal abilities.
  • Technically strong with excellent attention to detail.
  • A team player with ability to work under pressure and manage multiple tasks.
  • Proficiency in Excel and PowerPoint is expected.
  • Knowledge of Prophet would be an asset but not essential.
  • Excellent organizational skills.
  • Comfortable working with uncertainty and in an environment of change, highly adaptable.
  • Ability to speak one or more Asian languages desirable
  • Willing to travel.
  • Able to translate complex concepts into laymen explanations and present to stakeholders without a strong finance or actuarial background.