Manager - AZAY Corporate Actuarial

Job description

1) Actuarial Valuation (IFRS/TFRS 17)

·  Work together with peers/juniors in Corporate Actuarial and with other local parties (e.g. Accounting, Investment and IT) to deliver the assigned IFRS/TFRS 17 business-as-usual (BAU) reporting deliverables as well as analyses.
·  Support managers in conducting additional analyses, to address questions/requests from local management and regional/Group office.
·  Active participation in the internal & external audit on IFRS/TFRS 17.
·  Prepare & maintain good documentations on IFRS/TFRS 17 valuation process and ensure sufficient controls are in place.
·  Work with modelling team to automate & streamline the IFRS/TFRS 17 reporting process, to reduce the turnaround time.
·  Provide day-to-day coaching to juniors.

   2) TFRS 17 implementation/transition

·  By the key contact point in Corporate Actuarial on TFRS 17 related matters.
·  Support RBC reporting team in the TFRS 17 related requests, including the regular submission of TFRS 17 figures in the RBC form.
·  Liaise with Accounting on the new reporting requirements due to TFRS 17 effectiveness. Work within the team to implement any new reports according to requirements.
·  Participate in industry discussions / working groups in relation to TFRS 17. Stay up to date with the latest development in the industry and update team/management regularly.                                                                                                                                       

3) Actuarial Model Enhancement

·  ­Work with modelling team to define the requirements in developing and updating the actuarial model.
·  ­Complete model UAT, quantify financial impact and explain the impact to supervisors.

4) Financial Modeling for Planning Dialogue / Strategic Dialogue

·  ­Perform financial modeling in the annual budgeting exercises. Deliver all requirements timely and in good quality.
·  Provide analysis on the projections to explain the underlying drivers, for both internal management and for regional/Group office.

5) Annual Assumption Review

·  ­Complete annual assumption study (selected experience) as assigned. Analyze the experience and propose assumptions to Chief Actuary.

6) Ad-hoc projects

·  ­Support ad-hoc projects as assigned such as Reinsurance Strategy & Management

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