Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 38552
Job Openings by Title Actuarial Manager
Location Hong Kong
Description:
Position:	Actuarial Manager

Company:	Insurance

Location:	Hong Kong

Job ID:		38552


Responsibilities:

- Develop data, system and process for IFRS 17.
- Assess the data and assumption readiness for transition to IFRS 17.
- Provide user requirement for various data and systems to IT.
- Co-ordinate with IT or other parties to ensure the data and systems after development fulfill the user requirements.
- Develop and maintain actuarial modelling framework, review model design, model controls, model constraints and coding efficiency.
- Develop the IFRS 17 reporting process flow.
- Collaborate with Group Office in establishing IFRS 17 methodology.
- Understand the product portfolio and assist in reviewing the accounting policy paper / practical guidance by Group Office.
- Assess the assumption gap compared to IFRS 17 requirements and develop new assumptions.
- Collaborate with Group Office in performing financial impact analysis, understand the impact on product profitability and formulate strategy.
- Take responsibility for actuarial modelling projects, utilize existing data for sophisticated statistical analysis and modelling work.
- Involve in detailed review and design of actuarial systems including relevant documentation, procedures and instruction manuals.
- Optimize software performance to ensure compatibility with latest technology.
- Maintain the software's compliance with industry standards.
- Perform data and system UAT, and other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements.

Qualifications:

- University / College graduate in Actuarial Science or related disciplines.
- Minimum 6 years of relevant experience.
- Good progress in Actuarial professional examination.
- Knowledge in insurance products and IFRS4/USGAAP, IFRS17 will be an asset.
- Proficiency in Actuarial Software - Prophet, especially Prophet ALS is a plus.
- Experience in data and system UAT is a plus.
- Proficiency in MS Office.
- Good written and verbal English skill. Good written and verbal Chinese skill is an advantage.
- Fluent in Cantonese and English mandatory, Putonghua preferable.

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