About this job:

We are seeking an APAC Inforce Management / Valuation Actuary to join our dynamic, fast growing APAC Reserving team. The role is based in our Hong Kong Office. The job holder will be a key contributor to reserving related activities across the APAC L&H business mainly focusing on in-force monitoring and management.

About the team:

The direct team is made up of 11 employees based between the Singapore and Hong Kong Offices and is part of a larger global team based around the globe. The team is sub-divided into workstreams, the job holder will report primarily to Senior Valuation Actuary responsible for IFM activities.

Responsibilities:

The main focus will be on these areas:

• Leading in-force management activities (including experience studies) for the assigned treaties to support business development and to review key actuarial assumptions
• Developing technical knowledge base (product, assumptions, regulation, industry trends) and provide training/consultation within the Reserving team
• Working with the Operation team to define data requirements

Additionally, you will be involved in these different tasks:

• Maintaining and improving documentation of methodologies, processes, procedures, controls, and results
• Support the quarterly reporting process by assisting LOB Owners in the actuarial valuation of APAC L&H business under various bases such as US GAAP, LDTI, and IFRS17
• Support Model Owner in valuation model building and validation
• Supporting the APAC Chief Actuary in ad-hoc projects

QUALIFICATIONS

About you:

You should be unafraid of challenges and have a desire to learn. You wish to work in a dynamic and culturally diverse environment with colleagues possessing a wide and varied range of experiences.

Moreover, you have the following background, skills, and mindset:

• Newly or Nearly Qualified Actuary
• 7+ years’ actuarial experience in Life (re)insurance including at least 3+ years in two or more of the following:
• Experience studies
• R/SQL/VBA coding experience
• Reinsurance
• Knowledge of AXIS/R would be an advantage
• Knowledge of US GAAP, LDTI, and IFRS17 would be an advantage
• Organized and responsible, able to work in a matrix structure
• Attention to details
• Strong communication & problem-solving skills and proficiency in English
• Self-disciplined, motivated, and team-orientated