Actuarial Specialist, IFRS 17 Implementation, Regional Actuarial Services
The Manufacturers Life Insurance Company
Hong Kong, HK

Job Description :

Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.

General Accountability :

IFRS 17 Implementationproject is aimed to establish a consistent and streamlined valuation environment across the organization to provide reliable and robust core reporting and support to business management decisions for IFRS17 purpose.

This is a Group initiative to standardize the valuation platform across the whole company to prepare for IFRS17 reporting and Asia IFRS17 is also the key component of the overall Asia Finance Transformation.

Asia IFRS17 deliverable includes building a centralized actuarial data warehouse, standardizing the valuation model and enhancing the control, develop a new standardized reporting tool and enhance the capability of experience analytics for portfolio monitoring, set up a centralized valuation SSC.

Asia IFRS17 implementation project is a complex multi-year project requiring a strong leadership to ensure the success of the project.

This role supports the IFRS17 Implementationfor Asia business unit development of reporting tools and business process.

Responsibilities :

  • Responsible for developing data and logic requirements to IFRS17 Implementation data and system team.
  • Responsible for developing future business reporting process and valuation control requirement for Business Unit team.
  • Communicate with Data & Systems team and modeling team if there are any questions from them on the requirement.
  • Analyze the additional requirement for IFRS 17 implementation and refine requirements correspondingly.
  • Perform testing and analysis on the report results to the manager
  • Prepare documentation for transition and training to future operation team
  • Support implementation of Asia IFRS17 solutions.
  • Knowledge / Skills / Competencies / Education :

  • University degree holder in Actuarial Science, Mathematics, Statistics or related fields, with progress in actuarial examinations of an internationally-
  • recognized actuarial organization.

  • 1-3 years of experience in insurance relevant industry. Experience in valuation and financial reporting is an asset.
  • Strong analytical, problem solving skills, well-organized, faster learner.
  • Proficiency in actuarial software. Experience in AXIS is an asset.
  • Demonstrated commitment and responsibility as a team member.
  • Good communication skills.
  • Effective command of English, both spoken and written.
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