Actuarial Manager

To perform actuarial modeling and analytical functions while working closely with other functional units to help Management ensure the company’s financial well-being and provide support in the achievement of business targets. 以拼音方式 閱讀 Critical Accountabilities Key Result Areas Major Activities Output Challenges and Risks 1 – Actuarial Modeling Ensure timely preparation of model runs and outputs needed for monthly valuation and planning/forecast exercises. Apply the following framework: AIFRS, for analysis of profits AIFRS, for dividend recommendation and crediting rates study PFRS and GPV, for statutory earnings and local reserves reporting Manage relevant work streams and coordinate the delivery of information and reports with the Group reporting teams. Initiate model validation and model changes (if needed) based on the Local Model Governance Policy. Use Prophet models including data inputs from different stakeholders. Ensure timely and accurate delivery of model runs. Provide analyses with adequate reasoning and insights on movements of key metrics (policy information, reserves, profits). Deliver key messages and recommendations to reporting teams based on work output promptly. Manage systems dependencies for policy data; ensure accuracy and timeliness of accounting information. Manage work plans with IT, Accounting, Investment, KL Actuarial Shared Services, Group, etc. Prepare deliverables for local management committees. Ensure valuation models are properly developed, maintained, and documented, with appropriate governance. Properly document all valuation methodologies used. Follow updated local, regulatory, and AXA Group frameworks. Continuously improve processes, including optimization and automation. Document methodologies and processes. Collect relevant data and sources to justify proxies used. Manage system dependencies for automation and access restrictions. 3 – Financial Business Analysis Support analysis of company performance based on sound information to aid performance improvement and target achievement. Ensure the team prepares accurate and timely ad-hoc model runs (e.g., Analysis of Change). Use Prophet models with data inputs from various stakeholders. Create a common database to document KPIs and key indicators of competing companies. Collect relevant data and identify limitations in existing systems to support proposed strategies. Utilize proxies for AXA Group computational analysis where necessary for local business comparability. 4 – Support Team and Local Business Units Review and discuss business implications of reports with own team. Guide team for ongoing career development. Provide actuarial support to various units and Management Committees. Respond to figures/reports requested by other units. Provide insights for decision-making across units and Committees. Coordinate data dependency with other departments (IT, Financial Control, Accounting, Distribution Channels, etc.). Key Decisions/Dimensions Decisions Quantifiable Data Related to Job Set priorities, objectives, and procedures to meet goals. Make decisions within authority; escalate recommendations outside own authority. Select the best technical options aligned with Group requirements and local constraints. Produce high-quality reports and analyses on schedule. Educational Qualifications Bachelor’s degree in Mathematics, Accountancy, Statistics, or related fields. Member of a recognized actuarial society (ASP, SOA), or close to qualifying. At least five (5) years of experience in life insurance, preferably in actuarial valuation. Personal Characteristics/Behaviors and Other Requirements Detail-oriented and punctual. Strong analytical and problem-solving skills. Effective collaborator with colleagues and customers. Excellent communication skills, verbal and written. Proficient in Microsoft Office; knowledge of Prophet is a plus. About the company Axa SA is a French multinational insurance firm. #J-18808-Ljbffr