Actuarial Manager

1 week ago

Taguig, National Capital Region, Philippines Sun Life Financial, Inc. Full time ₱800,000 - ₱1,000,000 per year
You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Please enter the external job description here (remove this line)

Job description (heading) / Description du poste (titre)
  • The Actuarial Manager for Par Management and Risk Modelling is responsible for delivering Par-related functions and initiatives, as well as producing various risk sensitivity results for Senior Management use within the Actuarial Valuation function.
Qualifications (heading) / Compétences (titre)
  • University degree with a strong mathematical or statistical background
  • Associate or near-associate of the Actuarial Society of the Philippines
  • At least 8 years of Actuarial-related experience
  • Strong knowledge and experience in handling Actuarial modeling software, preferably AXIS
  • Strong proficiency in MS Office applications
Responsibilities (heading) / Responsabilités (titre)

Dividend Study
  • Perform comprehensive annual dividend studies for traditional participating (par) products
  • Develop and present well-supported dividend recommendations to the Chief Actuary
Par Reporting
  • Manage the delivery of the quarterly valuation related to traditional par products such as Time Value of Guarantee (TVOG), Unallocated Dividend Liability (UDL) and Par expense adjustments
  • Manage the preparation of relevant reports for OSFI regulatory requirements for traditional par products
Financial Condition Testing (FCT)
  • Lead the completion of the annual FCT process
  • Analyze results and prepare detailed reports on potential impacts for senior management
Risk Sensitivities
  • Provide support in model development and maintenance for market and insurance risk sensitivity
  • Prepare quarterly market and insurance risk sensitivity reports
Ad-hoc projects depending on business needs such as but not limited to
  • Perform stochastic asset modelling using actuarial software
  • Provide support on the semi-annual business plan projections
People Management
  • Manage the overall performance of the team to deliver and meet team objectives and goals
Job Category:
Actuarial

Posting End Date:
29/11/2025

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