Job Description:

Major accountabilities:

·       KPI and SOE Reporting (30%):

-          Support the internal reporting requirements on Key Performance Indicators and Source of Earnings analysis, presenting and communicating the results to key stakeholders.

 

·       Business Plan (30%):

-          Performs financial projections for annual business plan, including modelling and assumption setting, presentation of submissions, and effective coordination across multiple teams.

 

·       Asset Liability Management (ALM) (20%):

-       Collaborate with Investments to ensure achievement of financial objectives and plans within approved risk management framework and appetite.

-       Develop and enhance ALM capability to support requests from ALCO, and product initiatives.

-       Support ALCO meeting, including meeting material preparation.

 

·       People Leadership and Resource Management (20%):

-       Provide guidance and support to direct report in his/her career development.

-       Attract and retain the best talent.

-       Identify and promote rotational opportunities, where possible.

 

·       Management scope:

-       Total number of direct reports: 1

-       Total number of staff managed (direct and indirect): 1

 

Requirement:

·       Specialized knowledge:

-       Possesses broad and deep expertise in life insurance actuarial concepts and their application. Understands how assumption changes affect results, directs bottom-up checking of models before delivering output.

-       Sufficient knowledge of own processes to be able to train other colleagues and document existing processes.

-       Demonstrates organized way of thinking about complex concepts.

 

·       Problem solving:

-       Strong problem solving skills are required.

 

·       Education and Experience:

-       University degree related to actuarial science

-       At least 5 years actuarial experience in life insurance industry

-       Technical experience with Moody’s AXIS modelling software is preferred

 

·       Communication scope:

-       Finance, Investments, Product and Strategy, and Distribution teams to facilitate creation of Business Plan financials, forecasts, and source of earnings analysis.

-       ALCO stakeholders to ensure timely escalation of all ALM issues to the appropriate levels

 

Benefits / Offers

·       A competitive salary and incentives package, including an annual bonus program that recognizes stronger performances with higher rewards.

·       A flexible benefits program where you can choose the benefits and levels of coverage that are right for you and your family.

·       Pension, stock and savings programs to help build your savings and enhance your future financial security.

·       Fitness and wellness programs that help you balance work and life, manage your health and live a healthy lifestyle.

·       Flexible work arrangements.

  Required Skills: