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A Brief Overview
Assist Head of Valuation for Southeast Asia ("SEA") Markets in providing leadership to the SEA Valuation Team to achieve defined outcomes in a timely basis.
What you will do
Primarily responsible for local reporting for SEA Valuation team, including development of appropriate reporting bases and actuarial models to deliver results required on a timely basis; support analysis and report and assist in explaining results to management.
Perform annual and/or quarterly statutory valuations and implement processes, procedures and controls for IFRS17 reporting for local branches.
Monitoring and reporting of local solvency position for local branches, including development of processes to deliver more robust results on an ongoing basis.
Participate in the review of experience studies and actuarial analysis to support assumption setting with due consideration on regional and local reporting. This also includes the annual review of best estimate assumptions for actuarial valuations and business projections following any applicable corporate guidance.
Support any process enhancement or automation into existing practice, as well as the coordination with the corporate / regional teams as needed. Developing and maintaining comprehensive documentation relating to the actuarial processes.
Supporting the Head of Valuation for SEA Markets on other initiatives, as required.
Participate in capital management related activities (e.g., retrocession), including any solvency assessments upon key business initiatives. Ensure accuracy and compliance of valuation results with applicable standards and best practice.
Lead, develop and coach the associates working on assigned responsibilities, and contribute towards a positive and engaged work environment. Performs supervisory duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Carry out duties with integrity and diligence, ensuring that professional standards are maintained, that reporting deadlines are met, that records are maintained and that actuarial processes are fit for purpose and meet internal and regulatory requirements.
Stay abreast of regulatory developments and assist Head of Valuation for SEA Markets to advise local management of the implications and business opportunities.
Qualifications
Bachelor's Degree in Arts/Sciences (BA/BS) in Accounting/Finance or Actuarial Science or other relevant field or equivalent related work experience Required
10+ Years relevant experience. Required
4+ Years people management experience. Required
Familiarity with SEA market and regulatory environment, including IFRS17. Required
Knowledge of the Prophet or AXIS projection systems. Required
Proven people leadership credentials with the ability to motivate, mentor and create a high performance team. Required
Strong analytical, data management skills, positive work attitude with attention to detail and ability to manage multiple projects simultaneously. Required
A high level of personal accountability and integrity. Required
Excellent communication skills in English - both written and verbal. Required
Fully qualified Fellow with one of the recognized international actuarial associations (FSA, FIA, FIAA, etc.). Required
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