Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 33781
Job Openings by Title Senior Actuarial Manager
Location Hong Kong
Description:
Position:	Senior Actuarial Manager

Company:	Insurance

Location:	Hong Kong

Job ID:		33781

Responsibilities:

- Be the subject matter expertise to the principles of IFRS17 accounting standard. Take the lead to investigate and develop new reporting requirements within the company Actuarial. Drive the implementation project and PCA Pilot project in 2017-2021 to ensure the company’s compliance to IFRS 17 within the required timeline. Ensure project report and documentation are produced timely in according to Actuarial best practice
- Lead the actuarial discussion and assessment of the project scope and expectation to identify financial drivers and practical solutions; Construct the technical specification and model design; Lead junior members to carry out the model enhancement and robust change management; Analyze and interpret the financial results and findings; Present the end-to-end project conclusions and recommendations for senior management approval. Projects may include, but not limited to, development, maintenance and enhancement of actuarial models, both deterministic and stochastic; alignment of actual management practices and new product features for different reporting and analysis purposes.
- Provide insight of the financial and operational implications of various part of the IFRS 17 implementation project, and provide advanced technical supports and consultancy services to various key stakeholders within Actuarial and Finance, Regional Office and Head Office. Interact with external consultants to ensure the deliverables of the projects are reviewed thoroughly with reasonable outcome. Ensure the final framework and local actuarial process are in compliance to the robust governance framework and audit process.
- Provide technical support on special actuarial projects assigned by the Director of Chief Actuary Office or the Chief Actuary, in collaboration with the actuarial teams. Manage the project plan and the expectations from involved parties to ensure a successful implementation of suggested solutions.
- Provide regular IFRS17 training to junior staffs. Supervise junior members to achieve performance objectives, through providing continuous actuarial knowledge development and regular career coaching; Support the resource planning for the Director of Chief Actuary Office; and support staff engagement initiatives.

Qualifications:

- University Graduate.
- Fellow of the Societies of Actuaries or equivalent.
- At least 9 years of relevant experience with minimal of 3 years at supervisory level.
- Solid experience in life insurance industry, preferably with UK with-profits management, economic capital and financial reporting experience.
- Possess in-depth knowledge to the IFRS 17 standard; Exposure to IFRS 17 project or analysis is essential.
- Modeling experience with PROPHET and stochastic modeling software is essential.
- Actuarial consultancy background or experience in project management is a plus.
- Presentation experience to senior management with ability to transform complex technical actuarial issues into simple business concepts.
- Experience in project management, people management and coaching.
- A team player with good interpersonal skills, able to work independently and under pressure.
 -Good command of both spoken and written English and Chinese.

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