VP Actuarial IFRS 17 Reporting

Hiring Actuarial Reporting IFRS 17 (Bangkok based)(Life Insurance)

Your new company

With this role, you will be supporting the production, control, and analysis of statutory report valuations (IFRS17) and (RBC). You are required to liaise with multiple stakeholders in local and regional offices, especially accounting, actuarial and project manager teams by performing a technical role in assisting and thriving valuation reporting, forecasting, business planning, regulatory submission, experienced study and/or other tasks as business requested.

Your new role

  • Review the business requirements according to the requirement of IFRS17 standards and local RBC regulations.
  • Responsible for end-to-end reporting process and control for IFRS17 & RBC reporting, including data preparation (set up of Prophet model, model points and assumptions) in an auditable manner.
  • Support the team lead in managing the IFRS17 & RBC actuarial reporting team for the BAU deliverables, reforecasting, annual business planning, and 5-year strategic planning.
  • Lead the collaboration with other local and regional teams in IFRS17 & RBC reporting.
  • Analyse and communicate the results to local senior management.
  • Support reconciliation between IFRS17 and other reporting bases.
  • Support regular and ad-hoc reporting for Auditor, Regulator and/or Life regional and global offices.
  • Lead the annual experience study, unit costs study, and assumptions review

What you'll need to succeed

  • Multiple years of life insurance experience
  • Experience with actuarial modelling software (Prophet) is a must.
  • Prior experience with IFRS17 valuation is a must
  • Pursuing actuarial exams from a recognised actuarial body
  • Knowledge and experience with actuarial valuation processes (technical and analytical skills)
  • Knowledge of statutory regulations, RBC, accounting, and reinsurance
  • Strong user of VBA application on Excel and Access
  • Technical and analytical skills
  • Attention to detail and high standards to ensure accuracy of work
  • Able to continuously learn and improve actuarial skills
  • Able to deliver high-quality work on-time
  • Able to work in collaborative teams within actuaries, other teams in the company, and external stakeholders (e.g. OIC, TLAA, Company Asia/Home office, Reinsurers)
  • Able to communicate work processes, progress, and results to manager
  • Good spoken and written communication skills in English

What you'll get in return

  • Multinational working culture
  • Fast-moving company
  • High flexibility
  • Competitive salary and benefits

What you need to do now

Click "apply now" if you are interested in this role. For further details or a confidential discussion on the other opportunities in Finance and Accounting, please reach to Santarat (Guitar) at Hays Recruitment via +662 460 6457 or email to Santarat.boonchoichoo@hays.co.th

If this job isn't quite right for you, but you are looking for a new position, please contact us at +662 460 6457 for a confidential discussion on your career.

Summary

Job Type
Permanent
Industry
Insurance
Location
Bangkok - Lumphini
Specialism
Insurance
Ref:
1271328
Closing date
17 Mar 2025

Talk to a consultant

Talk to Santarat Boonchoichoo, the specialist consultant managing this position, located in Bangkok
No. 8 T-One Building, 22nd Floor, Unit 2202,, Soi Sukhumvit 40, Sukhumvit Road, Phra Khanong Sub-district,

Telephone: +66992580550