Manager - L&h Corporate Actuarial

4 weeks ago


กรงเทพมหานคร, Thailand Allianz Thailand Full time

**Your Day at Allianz Ayudhya**

1) Reinsurance Management
- Coordinate with relevant counterparties to ensure that reinsurance administration process is done properly and within timely manner
- Propose reinsurance management framework and perform reinsurance optimization.
- Review and ensure the accuracy of the reinsurance statement of account
- Setup new product in reinsurance system
- Ensure accuracy of all information in reinsurance system
- Provide achoc requests related to reinsurance

2) Actuarial Valuation
- Monitor and validate the information regarding to actuarial valuation in the system
- Provide the actuarial valuation reports
- Statutory Reserving
- IFRS Reserving
- Life Dashboard
- New Business Values
- MCEV/MVBS
- Risk-based Capital - Liability, etc.
- Review and ensure the accuracy of the actuarial valuation reports
- Ensure all required changes in guidance are implemented
- Submit the actuarial valuation reports to all relevant parties with accuracy and in timely manner

3) Actuarial System’s Model Development
- Define the requirements in developing and updating actuarial system’s model
- Plan and coordinate with the relevant parties in conducting peer review on technical coding/ programming and defining the impacts of coding/ programming changes
- Plan and implement program testing to define the financial and dependency impacts
- Define the communication/ training materials for model/ methodology changes, and communicate with all relevant parties
- Support and monitor for the implementation, and define the outstanding issues of model/ methodology changes

4) Financial/ Performance Management Report
- Review and perform analysis on financial/ performance management
- Submit statistically financial/ performance reports to all relevant parties with accuracy and in timely manner

5) Financial modeling for Strategic Dialogue
- Perform financial modeling for three years plan numbers for base and sensitivities.
- Ensure required changes in guidance are implemented.
- Ensure all forecast and plan numbers are submitted to AZAP and Group Actuarial with accuracy and in timely manner.

6) Insurance statistics for Office of Insurance Commission and Thai Life Assurance Association
- Perform statistics required and submitted to local regulator and insurance association
- Review and ensure the accuracy of the reports.
- Ensure the accuracy and timely deliver of the statistical reports

7) Annual Assumption Review & Coordination
- Coordinate the annual update within the team.
- Analyse the experience.
- Propose assumptions to Chief Actuary.

8) Setting of crediting strategy and declaration of bonus
- Performing bonus investigation.
- Propose the relevant cash dividend and terminal dividend for all the participating products of AZAY.

**Must Have**
- Bachelor’s or Master’s Degree in Finance, Actuarial Sciences, Economics, Financial Engineering, or other related fields
- Professional 5 years’ experience in Reinsurance, Actuarial Valuation, Actuarial Pricing, or other related fields in insurance.

**Nice to Have**
- Risk management and assessment skills
- Mathematics and statistical/ actuarial knowledge
- Programming skill for Internal Risk Capital Calculation
- Insurance industry knowledge
- Quantitative and analytical thinking skills
- Coordination and communication skills

**Job Level**:
Professional

**Location**:

- Bangkok, TH, 10330**Available until**:
31/08/2023

**Area of Expertise**:
Actuarial

**Unit**:
Allianz Thailand

**Employing Entity**:
Allianz Ayudhya Assurance Pcl.

**Job Type**:
Full-Time

**Remote Job**:
Hybrid working

**Employment Type**:
Permanent

**ID**:
27057



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