ACTUARIAL ANALYST
Job Description
Position Objective:
Responsible for providing financial projections, analysis and assessments, and business insights pertaining to the Embedded Value and Value of New Business reporting.
Roles and Responsibilities:
EV / VONB Reporting (60%)
• Help to manage regular EV / VONB reporting process
• Ensure that adequate controls and checks are performed, and that these controls meet internal and external audit requirements
• Ensure the timeliness and accuracy of submissions
Prophet Modelling (30%)
• Perform / review the codings of new products into Prophet and ensure consistency with Pricing
• Review modelling enhancements and impact analysis and conduct reasonableness checks on the impact
• Review the consolidation of model changes in the master model and perform impact testing on the master model
• Ensure proper documentation for all model changes
Strategic planning and projects (10%)
• Support the annual strategic planning exercise, including the enhancement of models for the budget exercise, and preparation of management reports / presentations
• Support company projects and initiatives from an EV perspective
Minimum Job Requirements:
• Education – University graduate (Major in Actuarial Science / Mathematics)
• Experience – 2 to 4 years of life insurance related actuarial working experience
• Certifications/licenses – Progression (or intended) in actuarial examinations.
• Special skills – Proficient in Prophet