Valuation Actuary Lead for Life Business

5 days ago


Taguig, National Capital Region, Philippines FWD Group Management Holdings Limited Full time
FWD Group Overview:
FWD Group is a pan-Asian life and health insurance business serving over 12 million customers across 10 markets. With more than 9 years of experience, we focus on changing the way people feel about insurance. Our customer-led and digitally enabled approach delivers innovative propositions, easy-to-understand products, and a simpler insurance experience.

About the Job:
You will be part of our dynamic team, working together with the IFRS 17 Reporting Lead to set up the end-to-end valuation of reserves of life business for FWD PH's portfolio under the new IFRS 17 valuation standards. Your role requires near Associate/Associate of the Actuarial Society of the Philippines or Society of Actuaries, at least 7 years of actuarial experience, preferably in a multinational life insurance company, with exposure to IFRS 17.

Responsibilities:
1. Perform IFRS 17 BAU reporting tasks independently, including data preparation, Prophet runs execution, results extraction, and analysis.
2. Develop BRS for quarterly IFRS 17 Prophet model enhancement exercises.
3. Collaborate on business planning for IFRS 17 and model governance initiatives.
4. Conduct experience studies, including data validation, results analysis, assumption recommendation, report preparation, and impact quantification.
5. Provide support for process improvements, valuation controls, and documentation enhancements as needed.

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