Actuarial Consultant

Job Description: Consultant, Prophet Modelling / Financial Reporting

Actuaries OnTap is seeking part qualified actuaries to join our expanding team. We will provide you with variety, enabling you to work on a range of projects with different clients across Asia. The types of projects will include those listed below where your initial focus will best match your most recent experience and skills.

. IFRS17 preparation including Prophet modelling, liaison with IT, finance and operations to implement CSM tools and parallel runs

. Financial reporting on various bases

. Product development for insurer's new product launches including pricing and assisting all stages up to launch

. Experience analysis to help derive client's genuine best-estimate biometric or lapse assumptions which will become more critical under IFRS 17. The analysis will seek to highlight key management actions to feed into improving the business

. Reinsurance optimisation to help clients decide on the best retention and reinsurance program

Qualifications & Experience

You will have:

. at least four years of experience in an insurer, reinsurer or consultancy with strong knowledge of Prophet

. ideally have worked within pricing or financial reporting with some knowledge of the different core valuation processes.

. good written and verbal communication skills and an ability to communicate complex and technical matters to a lay audience

. a well-rounded personality who enjoys working on projects with multi-disciplinary teams

. technical depth and a hunger to learn

. familiarity with at least one regulatory reporting regime and/or reporting basis (eg EV, IFRS, RBC, SII, etc)

. a commercial mind and enjoy problem solving to deliver clear actions which are value orientated

. high attention to detail with a natural inclination to produce supporting documentation

What working with Actuaries OnTap will give you

We will give you:

. a flexible and transparent remuneration package that pays you the majority of the fees we earn from our clients which naturally increases as you become more senior

. an annual profit share which reflects your own contribution to the company

. comprehensive study support

. tailored working hours to suit your own personal situation

. the opportunity to work with other bright and motivated actuaries on projects where we are driven to bring value for our clients

. variety of engagements both by geography and client area of focus