The Purpose of the role

To be real business partner and enabler who can direct and oversee all actuarial activities of the corporation including involvement in preparation of current financial reports, budgeting and business planning. As a key member of the executive management team, Chief Actuary continuously actively contribute in making important business decisions

Responsibilities

Responsible for pricing, valuation, business planning, actuarial elements of new product launches Support the business in winning new partnership tenders Work as a business partner with multi-channel business comprising Partnership and Agency Support product and marketing teams to price and design products across many market segments, Educate the business to maximize long term value through a focus on persistency and selling the right product to the right customer Worked with a cross-functional team to understand the market’s needs and tailor our offering Engaged with all teams in the business including IT, operations, underwriting, marketing, sales, customer service Responsible for the company’s actuarial report submissions to the OIC  Oversee the production of monthly reports on business performance Manage teams of pricing and valuation actuaries. Engendered loyalty through a focus on staff development and empowerment Participates in key decisions as a member of the executive team.  Working with CFO to support month-end closing, budgeting and business planning activities, providing actuarial and financial projections as well as contribution to business strategy. 

Required knowledge, Skills and qualifications

Graduated in Actuarial Science or relevant degree Qualified Fellow of the Institute of Actuaries At least 20 years’ working experience with 5 - 10 years Chief Actuary with other senior actuarial management experience in the life assurance industry. Detailed knowledge of the current regulatory requirements as well as potential regulatory changes in Thailand will be an advantage Detailed understanding of IFRS, USGAAP, RBC and AFM Modeling Excellent verbal and written communication skills.  Demonstrated leadership ability, team management and interpersonal skills.  Being true business partner who works closely with the business to support the distribution channels. Excellent analytical and abstract reasoning skills, plus exceptional organizational skills.  Strong actuarial modeling skills; MS Excel – Expert