Actuarial Risk Management Specialist

2 weeks ago


Quezon City, National Capital Region, Philippines Manulife Insurance Malaysia Full time

We are seeking an experienced Actuarial Assistant Manager to join our Model Risk Management team within our MBPS Actuarial Function. The successful candidate will provide actuarial technical support to the accomplishment of actuarial projects.

The team has become an actuarial center of excellence, with over 200 staff and growing, along with increasing range and ownership of deliverables, specializing in Valuation, Liability and Asset Modelling, Experience Analytics, Pricing, and more.

Key Responsibilities:
  • Perform model validation of high-risk models to ensure alignment of contract specifications and actuarial model inputs, as well as to capture financial risks.
  • Develop detailed plan for spot-checking tasks, including reconciling data extracts against admin system, comparing product features and assumptions, actuarial reports, etc.
  • Document processes, tests and findings comprehensively.
  • Develop stochastic scenarios for investment products.
  • Calculate the impact of market changes on public equity exposures.
  • Collect and distribute information on changes to macro-economic factors impacting portfolios.


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