Head of Actuarial Modeling

  • 38066
  • Life - Actuarial
  • |
  • China
  • |
  • Aug 27, 2020
Insurance
RESPONSIBILITIES
  • Overall accountability of valuation models on all required bases.
  • Provide proactive support to reporting teams during month-end/ quarter-end reporting process.
  • Support the development of IFRS17 compliant models, and implement the models in time for parallel testing and production.
  • Keep Modeling team abreast of GGY AXIS upgrade/enhancements, evolving VST/IFRS17 modeling principles and standards, and best modeling practice across divisions/BUs.
  • Review and sign off on model changes.
  • Ensure compliance with model change management protocols and VST/IFRS17 modeling principles/standards.
  • Serve as the modeling liaison to Group/Regional stakeholders.
  • Maintain an up-to-date assessment of CN’s model against VST/IFRS17 principles and standards.
  • Ensure a mitigation plan is in place and executed.
  • Provide Support to internal and external audit partners and model vetting.
  • Lead the research and investigations on given projects.
  • Coach and develop model owners in the team; To be resource sharing pool for other reporting teams if necessary.
QUALIFICATIONS
  • Degree holder with minimum 10 years of relevant experience, preferably in life insurance industry.
  • Fellow of a recognized actuarial body.
  • Good understand of valuation models.
  • Good to have working experience in IFRS17.
  • Capability of leading a team.