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Chief Actuary
2 weeks ago
**The Purpose of the role**
To be real business partner and enabler who can direct and oversee all actuarial activities of the corporation including involvement in preparation of current financial reports, budgeting and business planning. As a key member of the executive management team, Chief Actuary continuously actively contribute in making important business decisions
**Responsibilities**
- Responsible for pricing, valuation, business planning, actuarial elements of new product launches
- Support the business in winning new partnership tenders
- Work as a business partner with multi-channel business comprising Partnership and Agency
- Support product and marketing teams to price and design products across many market segments,
- Educate the business to maximize long term value through a focus on persistency and selling the right product to the right customer
- Worked with a cross-functional team to understand the market’s needs and tailor our offering
- Engaged with all teams in the business including IT, operations, underwriting, marketing, sales, customer service
- Responsible for the company’s actuarial report submissions to the OIC
- Oversee the production of monthly reports on business performance
- Manage teams of pricing and valuation actuaries. Engendered loyalty through a focus on staff development and empowerment
- Participates in key decisions as a member of the executive team.
- Working with CFO to support month-end closing, budgeting and business planning activities, providing actuarial and financial projections as well as contribution to business strategy.
**Required knowledge, Skills and qualifications**
- Graduated in Actuarial Science or relevant degree
- Qualified Fellow of the Institute of Actuaries
- At least 20 years’ working experience with 5 - 10 years Chief Actuary with other senior actuarial management experience in the life assurance industry.
- Detailed knowledge of the current regulatory requirements as well as potential regulatory changes in Thailand will be an advantage
- Detailed understanding of IFRS, USGAAP, RBC and AFM Modeling
- Excellent verbal and written communication skills.
- Demonstrated leadership ability, team management and interpersonal skills.
- Being true business partner who works closely with the business to support the distribution channels.
- Excellent analytical and abstract reasoning skills, plus exceptional organizational skills.
- Strong actuarial modeling skills; MS Excel - Expert
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