Job Description
You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.Job Description:Job DescriptionThe Actuarial Specialist for Model Excellence is responsible for supporting the IFRS17 model maintenance process and reviews of actuarial models and product pricing, as well as supporting initiatives related to models.ResponsibilitiesIFRS17 Model MaintenancePrepare model specifications for model changes such as assumption updates, new product setup, and other enhancements to the IFRS17 valuation modelsLiaise with the Shared Actuarial Operations (SAO) team regarding any IFRS17 model-related concernsChecks control documentations if they align with the test plan for intended model changesCollaborate with cross-functional teams to support implementation of new requirements and model updatesActuarial Model ReviewsConduct reviews and validations of models and calculators owned by Actuarial in accordance with guidelines on Model and Calculator Risk PolicyPrepare reports and recommendations based on review findingsPricing SupportPeer review product initiatives under the simplified track (File and Use) by validating pricing models and analyzing profitability results.Strategic Support on ModelsProvide support in identifying opportunities for automating manual processes to improve efficiency and reduce errorsSupport other areas in Valuation in terms of modellingQualificationsUniversity degree with a strong mathematical or statistical backgroundWith at least 3 SOA exams and 3 VEE passedAt least 4 years of Actuarial-related experienceStrong knowledge and experience in handling Actuarial modeling software, preferably AXISStrong proficiency in MS Office applicationsJob Category:ActuarialPosting End Date:30/12/2025
Job Application Tips
- Tailor your resume to highlight relevant experience for this position
- Write a compelling cover letter that addresses the specific requirements
- Research the company culture and values before applying
- Prepare examples of your work that demonstrate your skills
- Follow up on your application after a reasonable time period