Role Summary :
The customer is the focus of everything we do, and millions of end users rely on our products daily. We believe in the value of empowering Assisting Actuarial Manager / Actuarial Manager, Asia Model Risk Management with the resources to solve critical problems for the future of our business, which is why we need you.
This is a key role in the Asia Model Risk team requiring sound actuarial knowledge and modeling skill. Being the expert in the team, he / she has to lead validation team (partner with external consultant) to properly conduct model validation and identify all the critical issues in models used by Asia business units.
Also, he / she should be proactive in driving the long term goal of operational efficiency in model validation process, and to ensure model validation to be carried out in accordance to the model risk policy.
He / she should also be very organized, possess good project management skills and flexible to take up the key model risk initiatives, such as on-going policy review and implementation.
What motivates you?
You obsess about customers, listen, engage and act for their benefit
You think big, with curiosity to discover ways to use your agile mindset and enable business outcomes
You thrive in teams, and enjoy getting things done together
You take ownership and build solutions, focusing on what matters
You do what is right, work with integrity and speak up
You share your humanity, helping us build a diverse and inclusive work environment for everyone
We are looking for someone with :
Degree holder and possess professional actuarial qualification or equivalent.
Minimum 6 years’ experience in the life insurance or actuarial consultant industry (less experience would be considered as Assistant Manager).
Strong in people management and performance management of the team.
Sound actuarial modeling skills; and experience in AXIS is an advantage.
Good communication and project management skills.
Demonstrate initiatives, commitment and able to work independently.
Strong analytical skills, problem solving, and critical thinking.
Excellent interpersonal and communication skills to work across multiple parties.
Effective command of English, both spoken and written.
On the job you will :
Assist in managing the operation of model risk validation for all upstream and downstream models for on-going model risk management.
To lead and coordinate the model validation projects and provide annual spot checking support in accordance to the model risk policy and spot checking requirement.
Perform technical review and challenge the robustness of model validation results; also to identify emerging model risk and systemic issues during the model validation process.
Promote model risk culture across Asia business units; also work closely with local business units to follow up model risk matters.
Provide on-going performance management to validation team to ensure the robustness of work.
Drive to deliver the long term goal of operation efficiency in model validation.
Perform Model risk oversight, conduct model risk reporting, and escalate model risk issues to key risk stakeholders.
Drive the change and implementation of team’s initiatives.
Our commitment to you
Our mission; to be a part of making Decisions Easier and Lives Better
A leadership team dedicated to your growth and success
A bold ambition and set of goals to be a leader in driving transformation in our industry
Our best. Every day.