Actuarial Analyst
Jobs and Careers at Insular Life Assurance Co., Ltd.

Actuarial Analyst

Insular Life Assurance Co., Ltd.
International
1 month ago
International
Jobs and Careers at Insular Life Assurance Co., Ltd.
Insular Life Assurance Co., Ltd. is hiring a
Posted 1 month ago
Apply before October 13, 2022

Job Description

JOB PURPOSE

The Actuarial Analyst will support and generate complex Actuarial reporting and tasks specifically on long-term financial projections such as Embedded Value or Market Consistent Reporting, ALM, IFRS 17, Business Plan, distribution or partnership assessment, Sensitivity and Scenario Analysis, etc. Generate other reports or studies needed for strategic and operational decision-making purposes. Review, enhance, and maintain actuarial models, studies, and processes to ensure that they follow the standards of actuarial practice and regulatory requirements, if applicable.

PRINCIPAL ACCOUNTABILITIES

  • Generate actuarial projections and reports for different purposes such as Embedded Value, ALM, business plan, sensitivity, and scenario analysis, etc.
  • Establish and generate actuarial-related requirements for IFRS17 and other future reporting needs.
  • Provide support to IFRS17 implementation and other affected areas.
  • Review, develop, enhance, and maintain Actuarial models to support the key actuarial functions such as product development, valuation, studies, and other actuarial projections.
  • Provide support on periodic review of current and future actuarial processes, controls, and studies.
  • Conduct or propose new studies and reports to support management in strategic or operational decision-making.
  • Provide support in assessing the viability of proposed distribution channel or partnership.

THE IDEAL CANDIDATE FOR THE ROLE:

  • Must be a graduate of Actuarial Science, Mathematics or Statistics College degree
  • Must take and pass Actuarial Examinations. Preferably with at least 1 exam passed
  • Must be proficient in computer programming and in the use of computer spreadsheet, word processing and database software such as R, Python, SQL, VBA, etc
  • Familiar with any actuarial modeling software such as Prophet, Axis, etc
  • With good presentation and documentation skills
Specialization:
Actuarial/Statistics

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