We are seeking an experienced and driven Life Insurance Valuation Actuary at Manager to Senior Manager level to join our client's dynamic actuarial team. This role is ideal for a qualified actuary with strong technical valuation skills and a deep understanding of life insurance products, financial reporting, and regulatory requirements under the Hong Kong and international insurance frameworks.
The successful candidate will lead the delivery of valuation processes, contribute to strategic financial analysis, and ensure the robustness of actuarial models. You will play a critical role in managing valuation reporting under IFRS 17 and Hong Kong regulatory requirements. Additionally, you will collaborate closely with multiple stakeholders including Finance, Risk, and Product teams to support business decisions and capital management activities.
Key Responsibilities:
- Lead and manage the production and review of actuarial valuations for life insurance products, ensuring timely and accurate reporting.
- Support financial reporting processes, including statutory, management, and solvency-based reporting (IFRS 17, RBC, and other regulatory frameworks).
- Develop and maintain valuation models, assumption setting, and model governance processes.
- Provide insights into the financial performance of the business through experience studies, profit analyses, and scenario testing.
- Assist in the review of capital modelling and forecasting as well as support internal risk and capital assessments.
- Liaise with internal stakeholders to support pricing, reinsurance, and business strategies from an actuarial standpoint.
- Mentor junior team members and contribute to their professional development.
Requirements:
- Fellow of a recognised actuarial body (e.g. FIA, FSA, or equivalent).
- 5+ years of post-qualification experience in actuarial roles, with a strong focus on life insurance valuation.
- Solid understanding of IFRS 17 and local Hong Kong regulatory regimes.
- Strong technical proficiency in actuarial modelling systems such as Prophet or similar tools.
- Excellent problem-solving, analytical, and communication skills.
- Ability to manage multiple priorities and deliver to deadlines in a fast-paced environment.
- Demonstrated leadership and stakeholder management skills.
This is an exciting opportunity for an ambitious actuary to take a leadership role in a technically challenging and strategically important area of the business. If you are looking to take the next step in your actuarial career, we encourage you to apply.
