Role Summary

The Capital Management objectives of *** are to:

• Maintain sufficient capital to meet capital targets that reflect the Company's risk profile, including both external standards and internal risk capital measures, and consider the impact of stress scenarios
• Maintain sufficient capital to ensure the Company can continue to issue new business and operate independently from regulators after a stress event
• Meet business requirements and future growth strategies
• Maintain adequate solvency to sufficiently meet the needs of policyholders
• Maintain an appropriate, high-quality capital composition
• Adhere to capital guidelines issued by the regulators
• Maintain target financial strength and credit ratings with external rating agencies as defined in the Enterprise Risk Appetite Statement
• Create shareholder value generating reasonable returns on capital, reducing cost of equity capital and maintaining tax efficiency
• Ensure sufficient liquidity under stress scenarios

The Cash Management Objective of Japan are to:

• Leading the team to control cash balance at bank accounts
• Communicating with investment to decide cash management structure, strategy for future cash outflow
• Forecasting future operational liquidity position and analysis historical actual data
• Reporting liquidity position to all stakeholders - risk management, investment, Finance and global stakeholders
• Make decision for short term investment of cash being waited for long term investment
• Control bank accounts opening/closing process
• Banking relationship – communicating with each bank to make their service better
• Communicating with global team, submit regulatory report and any ad hoc requirements
• Lead/support project related to cash management and banking service to improve process and catch up regulatory/market requirement
• Support and oversight Nagasaki Finance - Cash Management Unit

Key Responsibilities

• To lead the capital management and cash management functions for ***
• To collaborate with the wider FMG, Risk, Actuarial, Investments and Product teams to develop and execute capital and reinsurance programs
• To lead, coach and develop other junior members of the team

Position Requirements

• Knowledge of life insurance, regulation, actuary and accounting
• Apply contemporary practices in life insurance, with knowledge of relevant risk management, cash management and financial practices, management principles and practices
• Fellow actuary or substantially equivalent ability
• Experiences and knowledge of USGAAP valuation
• General knowledge of Japan statutory valuation
• Skill of negotiation, management, reporting, communication both in English/Japanese
• English skill and communication experiences in actuarial area (if not English-native)
• Empower, motivate and develop people in a climate of challenging circumstance
• Collaborate with a wide range of stakeholders to build productive professional relationships
• Effectively lead and direct a team that exhibits a constructive and collaborative working environment characterized by diversity and tolerance
• Establish networks and effectively communicate with a diverse range of people using verbal, written and presentation skills
• Data analytics
• System project experience

Experience

• 7 – 10 years' experience in financial sector
• 5-10 years' experience in field of insurance
• 3-5 years' experience in the management of people, at manager of manager level is preferred
• Experience in working towards FSA
• Actuary Fellow and/or Actuarial degree with concreate work experiences