Vnb Reporting Analyst
3 weeks ago
About FWD Group
FWD Group is a pan-Asian life and health insurance business with more than 12 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. The company was established in 2013 and is focused on changing the way people feel about insurance. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience.
For more information, please visit
Job Purpose
Support management decision-making by supporting high quality periodic and ad hoc management information on Value of New Business (VNB) achievement to both local senior management (Excom/Opscom) and senior Group Office stakeholders. Performing the investigation and analysis related to VNB and company’s experience in order to provide key findings and business recommendation of responsible channels. The information should be clearly communicated to both internal and external parties.
Key Responsibilities- Prepare Value of New Business report and its related items (i.e. Sensitivity Test, MI Report, NB Strain, Protection Ratio) with high quality analysis (support deep drive analysis, quantifying financial impact, forecasting results)- Prepare and support the VNB projections on a daily and monthly basis by working closely with related parties (CDO, Sales, Product team, Actuarial team) and communicate the outcomes to senior management including recommendations- Prepare and support various VNB reports to Group office (monthly and quarterly reports) with high quality analysis (support deep drive analysis, quantifying financial impact, forecasting results)- Perform and support ad hoc projects assigned independently- Participate in various meetings with sales channels and related parties to explain key technical drivers of related VNB metrics and provide result-based business recommendations- Supplement additional information related to VNB metrics as requested by other functions- Perform ad-hoc projects assigned independently- Provide support to junior team member
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