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Actuary Officer

Salary rangeConfidential | Contract type: Permanent

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Job Summary

The job holder will be responsible for evaluation and provide advice to the company regarding, at a minimum technical provisions, premium and pricing activities, and compliance with related statutory and regulatory requirements and analyzing statistical data.

Responsibilities

  1. Evaluate and provide advice on the company's actuarial and financial risks; investment policies and the valuation of assets
  2. Prepare and present the company's solvency position, including a calculation of minimumCapital required for regulatory purposes and liability and loss provisions and the company's prospective solvency position;
  3. Carry out risk assessment on management policies and controls relevant to actuarial matters or the financial condition of the company;
  4. Evaluate the distribution of surplus, underwriting policies, effectiveness of reinsurance arrangements;
  5. Participate in product development and design, including the terms and conditions of insurance contracts and prepare scenario and sensitivity testing
  6. Provide sufficiency and quality of data used in the calculation of technical provisions and risk modeling and use of internal models, where applicable.
  7. Prepare reports on any circumstance that may have a material effect on the company from an actuarial perspective
  8. Work with IT professionals to develop systems to ensure compliance with the requirements of IRA;
  9. Work with relevant departments to develop new financial products.
  10. Any other duty assigned from time to time

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 3 years
Required skills: Risk management; Compliance; Risk analysis; Product development; Investment advise
Required languages: English (Spoken: fluent | Written: fluent)
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