Chief Actuary, Philippines

Job Description

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Job description (heading) / Description du poste (titre)

• Develops strategic direction for actuarial operations covering the following areas in support of the company’s overall business plan and long-term strategy:

• Actuarial valuation

• Product pricing (review and support)

• Validation of actuarial assumptions (Actuarial Data Analytics and Experience Studies)

• Dividend setting (Par management)

• Capital Management (ex. LICAT, local solvency, Financial Condition Reporting)

• Reinsurance

• Financial projections and analyses (ex. Drivers of Earnings, Earnings at Risk, VNB)

• Preparation of financial reports relating to actuarial matters

• Regulatory reporting for all product lines

• Represents SLF before regulatory bodies, industry and professional organizations relating to actuarial matters

• Career development, engagement and performance management of actuarial staff

Preferred skills (heading) / Compétences particulières (titre)

• Expert knowledge of generally accepted actuarial standards and practices
• Expert knowledge of the insurance industry in the Philippines
• Expert knowledge of insurance and investment products offered in the Philippines
• Strong strategic development skills
• Strong sense of integrity and maintain high standards of risk management all the time
• Excellent management and leadership skills
• Excellent verbal and written communication, including the ability to effectively present recommendations to senior management
• Excellent project management skills
• Ability to lead a team independently
• Demonstrate a strong sense of accountability and ownership with minimum supervision
• Strong team player to ensure collaborative/constructive relationships with all functions across the organization.

Qualifications (heading) / Compétences (titre)

• College degree in Mathematics or Statistics
• A fellow of the Actuarial Society of the Philippines
• Prerequisite management training or at least five (5) years of experience managing people.
• Minimum 10 years of prior working experience in the insurance industry, including experience related to several actuarial functions.

Responsibilities (heading) / Responsabilités (titre)

• Strategic: Develops strategic direction for actuarial operations.

• Functional/ Business: Ensures efficient execution of actuarial functions. Support business objectives and delivery of Financial KPIs.

• Governance/Oversight/ Risk Management: Ensure Robust Actuarial Control Environment

• Committees: Actively participates and presents, as needed, matters related to actuarial in the following: Product Steering Committee, ALM Committee, Risk Committee

• Talent Development: Ensure support in the development of the team members, with focus on professional growth, high performance, wellness and engagement.

Job Category:

Actuarial

Posting End Date:

30/12/2026