Associate, Actuarial

Urgent
Application ends: September 30, 2021
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Job Description

Position Overview: 
The position is responsible for managing Embedded Value (EV) and Value of New Business (VONB) related reporting.

Roles and Responsibilities:

EV / VoNB Prophet Workspace maintenance

  • Work efficiently within the team to ensure timely cash flows delivery for VoNB and EV related reporting
  • Carry out investigation and explanation on unusual trend and support on EV / VoNB ad-hoc request for the line of business in-charged
  • Work seamlessly with relevant team(s) to ensure model developments and impact assessments are properly implemented, explained and documented

EV and VoNB Reporting

  • Manage and coordinate efficiently within the team to ensure timely delivery of cash flows for results compilation and management reports
  • Carry out investigation and confidently explain the result’s reasonableness, experience variance versus forecast, VoNB margin movement
  • Handle various stakeholders request/ enquiries on EV / VoNB confidently
  • Communicate the results/findings/financial insights to the supervisor and Chief Actuary for any necessary management actions
  • Actively participate in the strategy planning for EV / VoNB budget

Others

  • Embrace EODB and improve process workflows in order to achieve higher efficiency and productivity to achieve the fast close timeline
  • Implement process controls while automating processes to minimize systematic errors

Minimum Job Requirements:

  • Has bachelor degree in Actuarial Science and is pursuing Actuarial Professional Exam in any actuarial professional body
  • Proficient in spreadsheet and programming, especially Excel and Prophet (preferred)
  • A good team player who is keen to learn and able to work independently
  • Proactive, highly motivated, results oriented and solutions focus
  • Good oral and written communication skills in English
  • Good technical and analytical skills