Associate Director, Actuarial

About FWD Group

FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance.

For more information, please visit www.fwd.com

For more information about FWD Hong Kong, please visit www.fwd.com.hk/.

Job Summary

Actively contribute to building the IFRS17 team by:

• Lead and manage the execution, validation and analysis of the FWD IFRS17 Business Planning and quarterly production
• Lead and manage resources in supporting various Actuarial initiatives/projects
• Develop and mentor the team

The Job

As the Team Lead:

• Lead, coach and manage the team’s performance, development and morale to ensure team members achieve their goals according to the expected performance standards
• Manage the resources and ensure adequate resource allocation in work arrangement
• Support the hiring of good talent

As the IFRS17 Lead:

• Oversee the execution, validation and analysis of the IFRS17 Business Plan results, and ensure quality and on-time delivery of work
• Review result reasonableness of and internal consistency across various reporting bases
• Provide quality assurance on the production results and assist with communication of results as necessary
• Manage the expectations of key stakeholders by developing a communication process to deliver defined production requirement within the agreed timeline and keep up-to-date production progress
• Negotiate timelines, scope and priorities of incoming requests
• Resolve and where necessary, escalate and communicate unprecedented and complex issues to the manager in a timely manner
• Set project priorities for the team and oversee all projects deliverables including planning and managing the resources in delivering the Actuarial initiatives/projects

The Person

• At least 10 years of insurance experience in actuarial functions
• Fellowship or nearly fellowship member of an internationally recognized actuarial professional body
• Strong understanding of Actuarial valuation processes and proven experience in IFRS17 is a must
• Hands on knowledge of Prophet modeling, including Prophet ALS is a must
• Strong Excel and analytical skills
• Strong team leadership and management skills
• Strong facilitation, negotiation and problem resolution skills
• Strong strategic thinking ability to prioritize and balance multiple tasks or projects
• Good communication and presentation skills
• Fluent in English speaking and written skills

We offer 5-day work, 20-22 days annual leaves, excellent learning & development opportunities and an attractive package to the right candidate.

Information collected will be treated in strict confidence and used solely for recruitment purpose. The company will retain all applications no longer than 24 months of which will be destroyed thereafter. When there are vacancies in any of our subsidiaries, holding companies, associated or affiliated companies of, or companies controlled by, or under common control with the Company during that period, we may transfer your application to them for consideration of employment. We are an equal opportunity employer. We do not discriminate on the basis of race, gender, disability or family status in employment process.