Chief Actuary

Chief Actuary FWD Group Management Holdings Limited Manila, Philippines

Chief Actuary FWD Group Management Holdings Limited Manila, Philippines Posted 6 days ago Permanent Competitive

Chief Actuary

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 Chief Actuary typically serves as a member of executive management. As such, the Chief Actuary provides vision, policy, strategy, and direction setting. The primary responsibility of the Chief Actuary is analysis and pricing of financial risks and liabilities. The Chief Actuary directs the actuarial function for the organization by analyzing, evaluating, and creating programs to appropriately address all areas of financial risk.
Key Responsibilities:

• Oversees all aspects of an organization's actuarial function.
• Helps determine company policies for product development, pricing, reserving, reinsurance, and financial management.
• Develops staff to meet the present and future actuarial needs of the corporation.
• Develops methods and procedures to continually improve the effectiveness and efficiency of actuarial functions for the organization. Implements and monitors quality control procedures.
• Communicates the complexities of insurance finances to company executives, government officials, shareholders, policyholders, or the general public
• Responsible for the development of formulas to predict and measure gains and losses in insurance plans.

Knowledge and Skills

• Has significant experience in the development of all major types of financial security products.
• Has led ratemaking and pricing initiatives for a variety of products and market conditions.
• Is fully knowledgeable about history, status, and prospects for all insurance markets.
• Has influenced industry positions and public policy around insurance regulation and taxation.
• Has influenced industry processes and practices in product development and pricing.
• Is expert at loss reserving, IBNR determination and future valuation of complex instruments
• Requires a bachelor's degree with at least 15 years of experience in the field.
• Familiar with a variety of the field's concepts, practices, and procedures.
• Relies on extensive experience and judgment to plan and accomplish goals.
• Leads and directs the work of others.
• A wide degree of creativity and latitude is expected.

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.

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