Associate Manager/ Manager, Valuation and Financial Reporting (Local Reporting and Capital)

JOB PURPOSE
• Implement new products and Assumption Changes and Management Actions (ACMAs) into the Local Reporting Actuarial Model (AXIS)
• Ensure capital/solvency valuation processes adhere to actuarial principles, standards, and statutory requirements for both local and Canadian bases
• Support the annual ACMA process and assumption/reserve setting for new products
• Oversee local reporting processes (reserves, MOF reports, STAT P&L) to align with actuarial principles, standards, and regulatory requirements
• Lead insurance experience studies and ad- hoc analyses related to insurance risk
MAIN ACCOUNTABILITIES:
Local Reporting
• Conduct preparation of reserve and Ministry of Finance reports
• Lead automation and improvement of local reporting processes
• Monitor company health assessment and support rating improvement
• Ensure compliance with actuarial principles, standards, and regulations
• Analyze STAT profit, recommend actions to improve local profitability
• Analyze results to identify trends and potential issues
• Coordinate with finance and regulatory teams for accurate, timely reporting
Capital / Solvency Reporting
• Drive automation and improvement of capital reporting processes
• Oversee capital reports including Local Solvency and LICAT
• Ensure high- quality, timely deliverables with meaningful analysis
• Lead capital shock reports, including annual FCT and Local Financial Risk Solvency assessment
• Manage capital/solvency valuation processes for local and Canadian bases
• Review and propose assumption changes, quantify impacts, and communicate to stakeholders
New products and ACMA implementation
• Collaborate with product development teams on new product features and data requirements.
• Integrate new products and assumption changes into AXIS
• Support Head of Valuation in reviewing assumptions and reserves for new products
• Ensure accurate modeling and reserve calculations
Experience Studies
• Lead regular insurance experience studies
• Analyze policyholder behavior, mortality, and other relevant factors
• Investigate and report on insurance risk- related issues
• Prepare comprehensive reports with findings and recommendations
• Support the annual ACMA process
• Identify trends and anomalies in insurance experience data
Other tasks assigned by Line Manager

Frequent engagement activities
Hybrid way of workings
Group insurance for you and your family

Cập nhật gần nhất lúc: 2025-11-06 16:30:03