Actuarial Manager

  • 37993
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Aug 18, 2020
  • Determine and develop the transition approach and methodology used for the determination of IFRS17 Opening Balance Sheet.
  • Manage the transition valuation development process to ensure that it is in line with the approach and can meet the timeline for the delivery of the Opening Balance Sheet.
  • Provide the technical actuarial advice on the latest development of the IFRS17 Standard from transition perspective for meeting Group’s financial & strategic objectives.
  • Work with other IFRS17 teams to perform financial impact assessment, parallel run and the ad hoc financial assessment.
  • Ensure proper processes, governance and controls are in place for supporting the transition valuation process and the related audit review work.
  • Collaborate with various stakeholders to ensure that the required deliverables can meet the agreed project schedule.
  • Formulate project plan for team members to ensure timely delivery of tasks, escalating any potential show stoppers/ resources issues whenever necessary.
  • Provide direction and technical supports to junior members of the team, regularly review their performance and provide constructive feedback.
  • Fellow of the Society of Actuaries or equivalent.
  • University graduate.
  • At least 7 years of relevant experience with minimal of 2 years at supervisory level.
  • Solid experience in life insurance industry, preferably with UK with-profits management, economic capital and financial reporting experience.
  • Modelling experience with Prophet and stochastic modelling software is essential.
  • Possess in-depth knowledge to the IFRS 17 standard; Exposure to IFRS 17 project or analysis is essential.
  • Experience in project management, people management and coaching.
  • A team player with good interpersonal skills, able to work independently and under pressure.
  • Good command of both spoken and written English and Chinese.