Regional Valuation Actuary

3 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time

Job Summary

The Regional Valuation Actuary will provide support and oversight to the Asian region on US GAAP financial reporting and analysis, Prophet model development, experience studies, embedded value reporting, business planning, and various other global and regional initiatives.

Key Responsibilities

  • Support the production of quarterly US GAAP results and annual business plans for assigned markets, including US Stat, US Tax, local regulatory, and local FRS.
  • Analyze quarterly US GAAP results against business plans for assigned markets.
  • Support and guide aspects and results of IFRS 17 in Asia.
  • Support local markets' implementation of regulatory capital changes.
  • Review embedded value and economic capital results in the region.
  • Provide Prophet modeling assistance or review for the region, particularly for new treaty implementations, model refinements, and building capability to project new product features.
  • Identify and design strategic enhancements to improve the efficiency and usability of Prophet models in the region.
  • Lead regional initiatives to improve consistency of reporting throughout the region.
  • Identify and lead implementation of improvements to process controls in the region.
  • Provide training and guidance to the region on existing and emerging reporting bases.
  • Lead valuation initiatives in the region as needed and called upon.

Requirements

  • Qualified fellows with at least 7 years' working experience in life insurance/reinsurance companies.
  • Hands-on valuation experience, particularly IFRS 17.
  • Prophet modeling experience.
  • Strong analytical and data management skills, attention to detail, and ability to manage multiple projects simultaneously.
  • Highly motivated, conceptual thinker who is able to collaborate in a team environment or work independently and take a leadership role in a wide variety of assignments.


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