Actuarial EV Inforce

Job Scope:

Responsible for monthly reporting, business planning and financial forecasting for EV IF metrics. Leading a team of 3, he/she would be responsible for managing the EV IF results production, communicating business decisions and financial impact to local and group management including auditors, and streamlining the respective reporting process for efficiency.

Responsibilities:

1. BAU Monthly Reporting & Planning

   • Lead the team to generate monthly IF reporting and project IF key metrics (i.e. OEV/Operating Experience Variances, OFSG/Operating Free Surplus Generation & EV Profit) for business planning & financial forecasting.

   • Ensure robustness of processes, accuracy of results and timely delivery.

   • Engage with other stakeholders (e.g. Finance/Accounting, Budget, Other Actuarial Teams: Experience Study, Local, Channel Profitability) to understand the key drivers behind EV Analysis of Movement.

   • Communicate the IF key results to local & group management, and internal/external auditors, with clear explanation & supporting justifications.

   • Perform EV IF performance tracking & provide insights to local management.

2. Process & Methodology Improvement

   • Manage EV IF reporting process automation.

   • Manage EV IF methodology refinement & key metrics optimization, including alignment with local & group management.

Requirements:

• 5-10+ years' experience in actuarial functions with significant experience in EV reporting (new business or in-force)

• Fellow of the local actuarial society (FSAI), or Associate/Fellow of the international actuarial society (FSA, FIA, FIAA)

• Strong technical actuarial skills

• Leadership and people management capability, including effective coaching and development for team members

• Ability to drive change and improve processes and resource planning

• Experience of operating in Life Insurance business

• Strong analytical skills to understand financial statements and reports

• Strong organizational skills

• Effective communicator (oral and written) and fluent in English

• Sufficient knowledge of insurance product and cashflows and actuarial modeling (including SQL, DCS, and Prophet)