Actuarial Manager (Asia Pacific)

Primary Details

Time Type: Full time

Worker Type: Employee

Asia Actuarial lead responsible for performance management, reporting, planning, ECM, RCSA and governance.

Your new role

• Managing the complete valuation process, defining project scope, and managing performance against plans.
• Developing new monitoring and ad-hoc reports as required.
• Knowing and applying relevant standard actuarial reserving models and pricing techniques.
• Developing complex models and modifying standard techniques for maximum benefit.
• Maintaining quality controls throughout the valuation process.
• Building and maintaining relationships with internal stakeholders.
• Providing technical advice and guidance to less experienced actuarial staff and clients.
• Managing Actuarial Analysts and facilitating team achievement of KPIs.
• Ensuring all conclusions and recommendations are fully supported by analytical results.
• Managing budgeted resources and accurately forecasting resource needs to achieve fiscal responsibility.
• Perform economic capital modelling (ECM) using Igloo software to measure and analyze economic capital requirements, incorporating various risk factors such as insurance risk, credit risk, market risk, etc. for Hong Kong, Macau, Singapore, Malaysia and Vietnam.
• Perform model validation exercises and responsible for ensuring the validation process is robust and appropriate to ensure the ECM outputs are materially free from errors.
• Perform reinsurance assessment, pricing, premium allocation and support of reinsurance purchases to optimize risk mitigation strategy.
• Support the IFRS17 team in estimating the Risk Adjustments and conducting the Onerous Contract Assessments.

About you

• Tertiary Degree or equivalent combination of education and work experience.
• Relevant Actuary society certification, such as Fellow-Casualty Actuary Society (FCAS) or Fellow of the Institute of Actuaries (FIA) or IFOA.
• Experience working within the actuarial function in a multinational financial services business.
• Property and casualty actuarial field experience.
• Experience with actuarial analyses or predictive modeling.
• Economic Capital modelling knowledge is preferred.
• Increasing levels of responsibility.
• Reserving experience is a must.
• Moderate relevant General Insurance experience.
• Effective communication.

About QBE

What if you could have a positive impact – at work and in the world?

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people.

Our industry offers interesting and varied careers where you can help people to protect what matters most.

As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.

QBE Asia’s operations is part of the QBE International Division, and has had a presence in Asia for more than 130 years with offices in Singapore, Hong Kong, Macau, Malaysia and Vietnam.

We continue to be recognised for our ongoing focus on digital innovation to deliver exceptional value and operational excellence for our customers, business partners, people and the community.

We support ESG efforts through the QBE Foundation, which helps to create strong, resilient and inclusive communities.

Benefits

Excited to share our comprehensive benefits package at QBE!

• Flex and hybrid working options.
• Work from home policy.
• Paternity leaves matching with maternity leave.
• Well-being programs.
• Pensions.
• Medical benefits.
• Globally, access to online learning via LinkedIn Learning.
• On top of annual leaves, 3 additional days off (Family care leaves).
• Study leave.
• Marriage leave.
• Internal Appreciation program with points to redeem nice merchandise and life experiences.

Join us and enjoy a work environment that values your well-being and personal growth!

Join us now, so you can be part of our success – and we can be part of yours.

Your career at QBE — Let’s make it happen.

Skills:

• Actuarial Science
• Analytical Thinking
• Conflict Resolution
• Critical Thinking
• Decision Making
• Financial Products
• Intentional collaboration
• Managing performance
• Performance Management (PM)
• Problem Solving
• Project Scoping
• Risk Management
• Sound Judgment
• Stakeholder Management
• Statistical Analysis Software (SAS)

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.