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Valuation Actuary

Job Category:

Insurance

Job Level:

C-Level

Open Date:

11-Sep-2019

Location:

TAGUIG CITY

Close date:

31-Oct-2019

Client Industry:

INSURANCE

Job Description and Qualification:

The Valuation Actuary will be in-charge of the overall direction and implementation of actuarial operations and management of actuarial resources within the Philippine operations. The VA will have oversight function on the application and implementation of actuarial services related to valuation of actuarial liabilities, calculation of required capital, reinsurance administration, risk modelling and group pricing in accordance with standards and guidelines as well as the Actuarial Data Analytics and Financials function for all business operations.


The VA will develop strategic management for actuarial operations covering the following areas in support of the company’s overall business plan and long-term strategy:


     Actuarial valuation

     Capital Management

     Reinsurance Administration

     Risk/Asset Modelling

     Group Pricing

     Actuarial Data, Analytics and Financials

     Governance and Controls

     Represent the company before regulatory bodies, industry and professional organizations relating to actuarial matters

     Career development and performance management of actuarial staff


Ideal candidate must be Math graduate and a fellow of accredited actuarial society with 8 -10 years in actuarial operations within a life insurance organization

Must have thorough knowledge in Mathematics, mathematical models, and model design & analysis, actuarial principles and analysis, law and compliance issues, insurance principles and terminology, insurance and financial services and management principles

Competent in analysis and problem solving, building people capability, collaboration with other business units, communication, decision-making, financial acumen, performance management and delegating.


Salary:

PHP 4M – 5.9M