Actuarial Executive

Sun Life

Responsibilities

To prepare and ensure timely delivery and accuracy of monthly IFRS17 reporting for data preparation and reserve analysis.
To ensure proper documentation of IFRS17 reporting process SOP.
To prepare the financial statement under IFRS17 basis.
To work closely with auditor to ensure our IFRS17 position is compliance to standard.
To liaise with project team, Finance and IT department to ensure that IFRS17 requirements are well-integrated into overall system design
To develop the model validation requirement for IFRS17 and share with modelling team.
To validate on the consolidation of non-modelled products in reporting process.
To enhance the actuarial IFRS17 reporting process to meet t + 5 timeline.
To assist in building reporting template under IFRS17 standards and ensure that the process is ready to meet RO submission requirement
To work on end-to-end process UAT testing if there is change in system design.

To support the maintenance and testing of Prophet actuarial models.
To assist in model enhancements, new product implementation, and documentation.
To perform model validations and reconciliations to ensure reporting accuracy.
To contribute to process improvement and automation initiatives to enhance model efficiency.

To conduct the company’s annual experience studies to access the reasonableness of the current assumption and to revise the assumptions whenever deemed necessary.
To ensure compliance to regulatory regulations, rules and guidelines on work being performed and any regulatory submission.

Degree in Actuarial Science or similar; passing of preliminary actuarial examinations.
1 year of work experience in Actuarial, preferably with Prophet modeling experience.
Competent use of tools such as spreadsheets, Prophet valuation software, generative AI.
Knowledge of actuarial principles, spreadsheet management, data extraction programming, Prophet actuarial software, and Visual Basic for Excel.