Bring your career aspirations to life with AIA! Summary:
Manage a sub-term in Strategic Actuarial Project team to deliver quality service, effective output in performance, strategic actuarial initiatives, and unfold team capacity in order to be Next Gen Finance.
Roles and Responsibilities:
- Manage a team of staff to deliver timely and high-quality deliverables related to actuarial model development and data management
Ensure timely and correctness of results as prepared by the team on the actuarial model development and data management process and other duties/special projects
Ensure the compliance of various requirements from group office
- Actuarial model development and data management
Drive continuous improvement in system, process and approach to automate and streamline actuarial model development process
Collaborate with internal and external working partners to ensure smooth actuarial model development and maintenance process
Establish a cycle of feedback and collaboration to continuously improve models and their impact on business decisions.
Ensure adherence to appropriate corporate governance, controls and documentation policies/procedures.
Support compliance with emerging enterprise and regulatory standards and guidelines for actuarial models.
Identify and recommend solutions for inconsistencies or inadequacies that will facilitate more effective modeling and analytics.
Present model results including validation and documentation and makes recommendations on future updates.
Centralize and strengthen actuarial data management for corporate actuarial work
Develop center of excellence in actuarial modelling
- Digitalization of actuarial team
Leverage next generation technology and digital solutions to improve actuarial workflows and processes to enhance efficiency to accelerate strategic objectives
Derive insights and foresights across the actuarial value chain from advanced data analytic
- Unfold team capacity in order to be more dynamic, insightful and influential
Coach and develop team member
Encourage team members to take challenge and facilitate growth
- Support other actuarial projects as required by performing financial projections and profitability analysis for annual and ad hoc exercise
- Ensure team members who perform regulated activities have obtained the relevant licenses and fulfilled the licensing requirements
Minimum Job Requirements:
University / College graduate in Actuarial Science, Mathematics and Statistics, Actuarial Science, Business Administration or related subject with at least 6 years' experience in life insurance industry
Attained Fellowship in Actuarial professional examination
Sound people management and analytical skills
Strong communication, presentation and project management skills
Ability to deal with and handle multiple priorities
Solid experience and knowledge in insurance product and corporate actuarial work. Experience and knowledge in IFRS/USGAAP, embedded value, HKIO basis, economic capital is an asset
Proficiency in MS Office (e.g. VBA) and Actuarial Software (e.g. Prophet) is an advantage
You are required to obtain relevant license if your job involves in regulated activities
Candidates with less experience will be considered as Assistant Actuarial Manager
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