Actuarial Senior Manager

2 weeks ago

Manila, National Capital Region, Philippines FWD Group Management Holdings Limited Full time
Actuarial Senior Manager FWD Group Management Holdings Limited Manila, Philippines

Actuarial Senior Manager FWD Group Management Holdings Limited Manila, Philippines Posted 2 days ago Permanent Competitive

Actuarial Senior Manager

About FWD Life Philippines

FWD Life Insurance Corporation (FWD Life Philippines) launched its commercial operations in September 2014. As of end-2022, FWD Life Philippines ranks 3rd and 6th in terms of Paid-up Capital(1) and New Business Annual Premium Equivalent(2), respectively.

FWD Group is a pan-Asian life insurance business with more than 11 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year anniversary in 2023. The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

For more information, please visit

1 > Statistics > Life > 2022 > Based on Paid-Up Capital

2 > Statistics > Life > 2022 > Based on New Business Annual Premium Equivalent
The Actuarial Senior Manager for Corporate Actuarial leads and drives key aspects of management reporting, experience monitoring, and providing insights on the drivers of business results. The role also leads different aspects of the forecasting and planning cycle. The role also identifies process improvements in the planning and reporting workflow.

  • Computation and Analysis of Embedded Value
  • Supports computation and analysis of forecast Embedded Value
  • Supports the annual SAA and Actuarial Assumptions Review and updates the official Best Estimate Assumptions documents for GWS requirements Develop, maintain and improve EV models, including set-up of new products in the Prophet workspace, working with the centralized modeling team to vet models and ensure these are ready for production
  • Continuously improve reporting processes by streamlining manual processes, DCS automation, improving worksheet efficiencies, etc.
  • Lead BAU Reinsurance reporting and other special projects that may be assigned from time-to-time (e.g., sensitivity testing, impact quantification, special initiatives, etc.)
Experience:
  • At least ten years actuarial experience, preferably in value reporting and business planning Experience in management reporting and explaining variances to prior periods and plan
  • Prophet and DCS experience is highly preferred
  • Demonstrated process improvement advocate
  • Has worked in a multinational insurance company is highly preferred
Privacy Notice

Your privacy is a priority for FWD. The Company keeps your personal information with us in confidence. To know more about how we process your information, kindly refer to our FWD Recruitment Privacy Notice.

FWD has partnered with Talocity Instasolutions Private Limited ("Talocity") to manage the initial filtering of candidate's profiles through video interviews, social profile mapping, and video analytics using artificial intelligence engine that is offered within the Talocity platform. The platform evaluates the candidate on the five well-known dimensions as per OCEAN Personality Model that influence occupational success and help understand workplace behavior. For more information, please refer to Talocity Privacy Policy.

When you apply, FWD will share your name, phone number and email address to Talocity to contact you and conduct the initial screening and profiling process. Shortlisted candidates will then be contacted by FWD for the face-to-face interview.

Job ID R

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