Actuarial Director/Associate Director, Valuation Shared Services Centre, Asia

Actuarial Director/Associate Director, Valuation Shared Services Centre, Asia
Manulife

APAC/Oceania, Hong Kong

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Salary

$151,000 - $217,000 Per Year

Rank

Director

Responsibility

Site Lead

Scope

Regional

Workplace

100% in office

Functions

HR

IT

Reports to

Head of Valuation Production & Reporting Process

Level

N-3

Travel Max:

10%

Posting Date

10-22-2024

Description

The role will be reporting to the Head of Valuation Production & Reporting Process, will be responsible for directing the activities of Actuarial staff within Hong Kong VSSC team.

Actuarial Director/Associate Director, Valuation Shared Services Centre, Asia

Key Responsibilities

  • Manages the timely delivery of comprehensive and professional work products to satisfy the Actuarial system solution requests of Actuarial business partners.
  • Produces reserve movement analyses (RMAs), reserve trend analysis (RTA), drivers of earnings (DOE), experience monitoring reports and other supporting financial reporting deliverables related to the team’s assigned valuation system solutions.
  • Serves as model/data/reporting steward for Asia division
  • Oversees the development and review of Off-Cycle and Annual Basis Changes.
  • Serves as a company leader in the implementation, execution, and maintenance of valuation controls.
  • Builds relationships and establishes a high level of credibility with Actuarial management across the Asia Division particularly Business Unit Valuation Actuaries, their teams, Asia Chief Actuary and RAS.
  • Maintains the high standards and spirit of the VSSC Service Level Agreement in interactions with Business unit and Actuarial/Finance clients and in the leadership of the team.
  • Uses appropriate judgment in dealing with unexpected issues and requests, demonstrates an ability to prioritize work, balances resource requirements and achieves win-win solutions.
  • Demonstrates an understanding and working knowledge regarding technical aspects of the work possessing sufficient knowledge and intuition to be able to independently verify and reconcile information under review.
  • Serves as a project manager for VSSC projects, including defining project scope, project planning, resource allocation, project execution, communication of project results
  • Providing trainings to junior staff on actuarial concepts, modelling principles, financial reporting processes and technology.
  • Plays a key role as part of the VSSC leadership team in the achievement of VSSC projects, the goals of process improvement and best practices in valuation reporting.

Leadership And Team Development

  • Provides strong, proactive leadership and coaching to a team of analyst professionals. Allocates and monitors work of the team to ensure accurate and timely completion of assignments within the established timeframes and quality standards.
  • Makes decisions regarding employment, compensation, performance appraisals, training and development.
  • Cultivates an innovative environment by supporting creativity and high performance teamwork.
  • Candidate with strong Axis knowledge will also lead Axis Training program to promote Actuarial modelling skills building in VSSC

Qualification & Requirements

  • Fellowship in a recognized international Actuarial professional body with 9+ years of experience
  • Post-secondary education in Math/Computer Science, Actuarial Science or equivalent.
  • Demonstrates advanced knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed.
  • Self-starter with the ability to work independently, particularly in the area of using sound, independent judgment, problem-solving and analytical skills.
  • Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles.
  • Strong interpersonal skills with the ability to collaborate, negotiate and influence effectively
  • Results oriented, able to manage expectations, work under tight deadlines and manage competing priorities.
  • Excellent customer focus and commitment to quality
  • Demonstrated project management skills
  • Demonstrated leadership talents in coaching and motivating staff to achieve objectives.
  • Strong business acumen with ability to communicate complex Actuarial concepts and results in a clear, concise, easy to understand manner.
  • Highly developed communication & relationship skills
  • Proficiency in Moody’s Axis and Risk Integrity would be an asset
  • Flexibility for business travel

Benefits

What can we offer you?

  • A competitive salary and benefits packages.
  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
  • A focus on growing your career path with us.
  • Flexible work policies and strong work-life balance.
  • Professional development and leadership opportunities.

Our commitment to you

  • Values-first culture We lead with our Values every day and bring them to life together.
  • Boundless opportunity We create opportunities to learn and grow at every stage of your career.
  • Continuous innovation We invite you to help redefine the future of financial services.
  • Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
  • Championing Corporate Citizenship We build a business that benefits all stakeholders and has a positive social and environmental impact.

Company Profile

Manulife
Industry

Insurance

Revenue

$49.32B

Employees

38,000

Fortune 500 Rank

NA

Global 500 Rank

#277

View Company Profile