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Job Description
- The Actuarial Manager for Par Management and Risk Modelling is responsible for delivering Par-related functions and initiatives, as well as producing various risk sensitivity results for Senior Management use within the Actuarial Valuation function.
Qualifications
University degree with a strong mathematical or statistical backgroundAssociate or near-associate of the Actuarial Society of the PhilippinesAt least 8 years of Actuarial-related experienceStrong knowledge and experience in handling Actuarial modeling software, preferably AXISStrong proficiency in MS Office applicationsResponsibilities
Dividend Study
Perform comprehensive annual dividend studies for traditional participating (par) productsDevelop and present well-supported dividend recommendations to the Chief ActuaryPar Reporting
Manage the delivery of the quarterly valuation related to traditional par products such as Time Value of Guarantee (TVOG), Unallocated Dividend Liability (UDL) and Par expense adjustmentsManage the preparation of relevant reports for OSFI regulatory requirements for traditional par productsFinancial Condition Testing (FCT)
Lead the completion of the annual FCT processAnalyze results and prepare detailed reports on potential impacts for senior managementRisk Sensitivities
Provide support in model development and maintenance for market and insurance risk sensitivityPrepare quarterly market and insurance risk sensitivity reportsAd-hoc projects
Perform stochastic asset modelling using actuarial softwareProvide support on the semi-annual business plan projectionsPeople Management
Manage the overall performance of the team to deliver and meet team objectives and goalsJob Category : Actuarial
Posting End Date : 29 / 11 / 2025
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