Corporate Actuarial Senior Analyst

• The role will report to the Head ASIA & ANZ Valuation based in Bangalore, with a secondary dotted line report to the Corporate Actuary based in ASIA.
• Although based in Bangalore. The successful candidate will be required to work very closely with the team in ASIA.
• Role may also require to handle People management responsibility of 3+ people working on similar reporting requirements
• Some of the key responsibility will be :
  • International Financial Reporting Standard ("IFRS") 17 valuation dry run :
    - Lead the IFRS 17 valuation dry runs for year 2021s to 2022 and assist in the IFRS 17 implementation in year 2022/2023 for ASIA & ANZ Market.
    - Liaise with Global/Asia IFRS 17 project team and local finance teams to address  concerns throughout the project and dry runs.
  • Deliver quarterly valuation results for ASIA business to the relevant Reporting Actuaries, ownership of other reserving tasks such as capital calculations, assumption setting/ testing, Sensitivities, Recapture of business etc.
  • Projects related to ASIA business such as System Process and Landscape developments, Moses model improvements, data flow automation, IFRS accounting standards implementation etc.
  • Management related activities for people reporting such as Goal Setting, Carer guidance, performance feedback etc
  • Contribute towards development of people & BM unit in Bangalore.
  • Induct new business and large deals on valuation landscape, along with providing signoff on Segmentation.

• Interface with:
  • Finance Planning on Earnings Analysis and reserving deliverables
  • Technical Accounting (TA) on Portfolio Management.
  • Moses MCOE on model maintenance, & Improvement.
  • Products team on Experience Studies & Transactions on boarding.
  • Valuation landscape management with IT and other relevant functions.

• Deliver USGAAP, LOCAL STAT, LOCAL TAX, Swiss Stat, IFRS & EVM reserving analysis for ASIA business.
• Ensure compliance with documented methodologies and bases.
• Impact validation of updated assumptions.
• On-board new business and Deals on valuation landscape, validate results & prepare documentation.
• Moses model testing and development of new functionalities and new product features with MoSes MCoE team.
• Work closely with team in ASIA.
• Provide support to Global Projects.
• Contribute to improved quality and efficiency of reserving process.
• Development of L&H landscape for ASIA region.
• Provide proper training (technical and systems) to junior and responsible to develop the them
• Support in training activities to upskill junior members of the team

• 6+ years of experience in Actuarial.

• English language skills.

• Innovative.

• Demonstrates motivation and determination to progress.

• Strong team spirit

• Strong analytical skills 

• Communication skills