Actuarial Specialist

Roles and Responsibilities:

• Prepare the Pre-Monthly Production requirements to ensure timely delivery of monthly production results
• Prepares and/or reviews the monthly valuation of liabilities for OL/VUL/Group/A&H lines of business together with all the financial report templates required for submission to other departments, the regional office, local management and insurance regulators.
• Support in the preparation of actuarial and financial estimates / projections / budgets for different Life operations of the company.
• Review, conduct testing, and endorse actuarial model for the Prophet Workspace Manager to sign-off
• Perform validation checks on production results from Prophet, Subledger and SAS
• Provide user requirement for various data and systems to IT and Actuarial Architecture Teams
• Coordinate with IT, Actuarial Architecture Teams or other teams to ensure that data and systems fulfill the user requirements
• Involve in detailed review and design of IFRS 17 system solutions including production process manuals and documentations.
• Perform UAT on data and systems.
• Provide suggestions and enhancements in Actuarial modelling and reporting tools applicable to the Valuation reporting process.
• Perform other responsibilities and duties periodically assigned by the supervisor in order to meet operational and/or other requirements

Minimum Job Requirements:

• Education – Degree in Actuarial Science, Statistics, Mathematics or Engineering with heavy applications in mathematics
• Experience – at least 3 years adequate technical experience in actuarial work for a life insurance company
• Certifications/licenses – At least 3 SOA exams or 2 SOA Exams + 3 VEEs passed.
• Special skills - Has knowledge and exposure in actuarial software especially Prophet and DCS; knowledgeable in IFRS and PFRS insurance accounting and reporting standards; proficient in MS Office applications; with good command in English (both oral and written).