Life Actuarial resources - B2

Key Responsibilities

Actuarial Modelling

• Develop, maintain, and validate life insurance actuarial models with a focus on capital and asset side modelling.
• Perform model development, testing, validation, and ensure compliance with model governance standards.
• Support valuation, projection, experience investigation, and assumption-setting exercises. Analyze model results and provide actionable business insights.

Financial Reporting & Forecasting

• Support IFRS 17, Solvency, USGAAP, and other actuarial reporting requirements.
• Prepare long-term cashflow projections and profitability analysis. Perform impact assessment of assumption changes and model updates.

Model Validation & Controls

• Conduct model reviews, reconciliations, and validation testing. Investigate model discrepancies and recommend improvements.
• Analyze model point data, assumptions, and calculation methodologies.

Stakeholder Management

• Collaborate with actuarial, finance, risk, and technology teams.
• Support client engagements and communicate modelling results effectively.
• Prepare technical documentation and presentations for management.

Required Skills & Experience

• 4-7 years of actuarial modelling experience within the life insurance industry.
• Strong understanding of life insurance products, cashflows, actuarial principles and model controls.
• Experience in actuarial valuation, financial reporting, and projection modelling.
• Strong analytical, problem-solving and communication skills.

Technical Skills

• Experience with MG-ALFA actuarial modelling platform will be a significant advantage.
• Knowledge of Prophet, AXIS, or other actuarial modelling software is beneficial.
• Exposure to Python, VBA, SQL, or other automation tools is desirable.
• Understanding of actuarial model governance and validation frameworks

Preferred Qualifications

ALM (Asset Liability Management)

• Asset-liability cashflow projections.
• Interest rate risk analysis.
• Liquidity and duration management.
• Economic scenario testing.
• Economic Capital modelling.
• Risk-based capital frameworks.
• Solvency and capital assessment exercises.
• Scenario and stress testing.

Capital Modelling

Ideal Candidate

A motivated actuarial professional with strong life insurance modelling expertise, progressing towards actuarial qualification, and capable of delivering high-quality modelling solutions. Experience in MG-ALFA, ALM Modelling, Capital Modelling, and US Life Insurance will be considered a significant advantage

Required Skills & Experience

• 4-7 years of actuarial modelling experience within the life insurance industry.
• Strong understanding of life insurance products, cashflows, actuarial principles and model controls.
• Experience in actuarial valuation, financial reporting, and projection modelling.
• Strong analytical, problem-solving and communication skills.

Technical Skills

• Experience with MG-ALFA actuarial modelling platform will be a significant advantage.
• Knowledge of Prophet, AXIS, or other actuarial modelling software is beneficial.
• Exposure to Python, VBA, SQL, or other automation tools is desirable.
• Understanding of actuarial model governance and validation frameworks