Key duties and responsibilities
- Provide value adding insight on the drivers of financial performance, movements in IFRS and SII results, experience emergence, and recommendations for management actions.
- Provide oversight of the production of L&H reserves for Group results (IFRS 17, SII) each quarter, participating in the landing process and ensuring the results are robust.
- Be the key member for a project where the project involves accurate reporting and settlement for SCOR-Covea deal.
- Work closely with and provide guidance to APAC L&H actuarial teams on issues of methodology, appropriate techniques, and expert judgement.
- Be a key member in implementing various process improvements initiatives within APAC
- Support and coordinate for the external audits with local auditors in relation to actuarial topics
- Work with the APAC L&H actuarial teams to deliver the local IFRS17 reporting requirements as the standard gets adopted across geographies and support the Central teams with their review of APAC markets results
Relationships
- Support the Head of L&H Actuarial, APAC in being the primary point of contact for the Corporate Actuarial and Group Actuarial teams on all Life & Health matters in the region
- Communication of actuarial issues to other teams in the context of earnings, capital, liquidity, etc.
- Work closely with other teams within APAC, including the modelling team, L&H business unit, colleagues in the wider Finance team, Pricing, and Risk management, to share common knowledge and common purpose.
Experience:
- Qualified/ nearly qualified Actuary (FSA, FIA, or FIAA)
- Relevant experience in a life insurance/reinsurance business
- Deep experience of at least one of: IFRS17, Solvency II, experience analysis, or local statutory reporting in an APAC market. IFRS17 experience is a strong plus.
- Proficient in Microsoft Office suite (e.g. Word, Excel, Access, PowerPoint), Prophet software
- Familiar with data analytics tools such as R, SQL or Python is a plus.
Personal Competencies:
- Enjoys working at pace, in a close-knit team.
- Demonstrates curiosity and enthusiasm for continuous improvement.
- Proactive, organized and adept at stakeholder management.
- Strong technical skill set and ability to work independently.
- Excellent communication and interpersonal skills.
- Creates a supportive environment –when guiding and supporting the market valuation teams, as well as working with other teams and colleagues.
- Interest in career and skill development.
- Able to provide effective challenge to senior managers.