The Chief Actuary (VP) leads the end-to-end actuarial function for the Company’s life portfolio, providing technical authority on pricing, and risk oversight. The role ensures statutory and required compliances and offers forward-looking insights to support sustainable growth and shareholder value. Success hinges on balancing rigorous actuarial discipline with commercial acumen and people leadership.
Responsibilities
Design and approve pricing bases, profit testing methodologies, and reinsurance structures
Collaborate with Product teams to launch innovative, customer-centric insurance solutionsValuation and Financial ReportingOversee quarterly and annual IFRS 17 valuations, embedded value calculations, and experience investigations
Sign off on actuarial components of financial statements and regulatory returnsActuarial GovernanceMaintain actuarial policies, professional standards, and valuation models
Interface with regulators and external auditors to ensure compliance and transparencyLeadership and Talent DevelopmentBuild and mentor a high-performing actuarial team; foster a culture of continuous learning and succession planning
Champion the adoption of actuarial automation, analytics, and data scienceStrategic InsightTranslate complex actuarial outcomes into actionable business insights for Executive Committee and Board-level decisions
Provide forward-looking scenario analyses to support portfolio optimization and strategic planningCross-Functional CollaborationCollaborate effectively with other departments, group entities, and the broader conglomerate to align actuarial strategies with business goals
Qualifications
Professional Status : Fellow of a recognized actuarial organization, accredited by the Insurance Commission (IC)Experience : Minimum 10 years in life insurance actuarial work, with at least 5 years in a leadership or appointed actuary capacityTechnical Expertise : Advanced knowledge of life insurance products, reinsurance structures, and embedded value / IFRS 17 frameworks. Proficiency in actuarial modeling platforms and data analytics toolsRegulatory Insight : Deep understanding of local solvency regulations and governance requirementsCommercial Acumen : Proven ability to translate actuarial insights into profitable growth strategiesLeadership Skills : Strong stakeholder management, communication, and team-building capabilities; able to influence C-suite and Board-level decisionsOther Details
Seniority level : ExecutiveEmployment type : Full-timeJob function : FinanceIndustries : InsuranceLocation : Taguig, National Capital Region, Philippines#J-18808-Ljbffr
