Avp - Actuarial Valuation
5 months ago
**PURPOSE OF JOB**:
To lead the production, control, and analysis of IFRS17 valuations (i.e. reporting, forecasting, business planning, regulatory submission), reinsurance management, annual experience studies, and other company projects.
**RESPONSIBILITIES / ACCOUNTABILITIES**:
- Review the business requirements according to the technical requirement of IFRS17 standards.
- Lead the implementation of the changes to the end-to-end ETL (Extract, Transform, Load) tools, including development of data, model and IFRS17 reports.
- Lead the end-to-end reporting process and control for IFRS17 reporting, including data preparation (set up of Prophet model, model points and assumptions) in an auditable manner for IFR17 reporting.
- Lead the team lead in managing the IFRS17 actuarial reporting team for the BAU deliverables, reforecasting, annual business planning, and 5-year strategic planning.
- Lead the collaboration with other local and regional teams in IFRS17 reporting.
- Analyze and communicate IFRS17 results to local senior management.
- Support the reconciliation between IFRS17 and other reporting bases.
- Lead regular and ad-hoc reporting for Auditor, Regulator and/or Chubb Life regional and global offices.
- Responsible for reinsurance administration, valuations, and management. Supervise the reinsurance statement end-to-end process with reinsurer and regional/global office. Lead the annual experience study and assumptions review.
**Experience & Qualifications**
- Minimum 5 years of life insurance experience
- Experience with actuarial modeling software (Prophet) is a must.
- Prior experience with IFRS17 valuation is a must
- Pursuing actuarial exams from a recognized actuarial body
- Knowledge and experience with actuarial valuation processes (technical and analytical skills)
- Knowledge of statutory regulations, RBC, accounting, and reinsurance
**Skills & Attributes**
- Technical and analytical skills
- Attention to detail and high standards to ensure accuracy of work.
- Able to continuously learn and improve actuarial skills
- Able to deliver high-quality work on-time
- Able to work in collaborative teams within actuarial, other teams in the company, and external stakeholders (e.g. OIC, TLAA, Chubb Asia/Home office, Reinsurers)
- Able to communicate work processes, progress, and results to manager.
- Good spoken and written communication skills in English
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