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FWD Life Insurance (Cambodia) Plc
FWD Life Insurance (Cambodia) Plc Phnom Penh Cambodia
1 month ago
KEY PERFORMANCE INDICATORS:
1. Business
• Achieve the Company’s financial targets (e.g. VNB, EV, OPBT)
• Timely regulatory approval of new products
2. Customer
• Provide valuable and actionable insights to drive business performance
3. People
• Effective collaboration and planning with the actuarial Shared Services team
QUALIFICATIONS / EXPERIENCE
• Bachelor’s degree (or higher) in Actuarial Science or a related field
• More than 5 years of experience in an actuarial role covering both pricing and valuation
OUR COMPETENCIES
• Good knowledge of Cambodian regulations and finance/actuarial regimes (e.g. IFRS, Embedded Value, Capital), Tax, Reinsurance, Insurance Risk, Actuarial Software
• Stakeholder management
• Result oriented
• Critical thinking and sound judgment
• Problem-solving
• Support product development & pricing, prepare and submit product filing materials to MEF, conduct product presentations to MEF, and respond to any queries.
• Monitor the product performance... competitive landscape, and economic and investment conditions, and assess the implications of actuarial assumptions and product strategy.
• Monitor and participate in local regulatory developments and assess the business implications. Proactively raise and discuss with the Appoint Actuary and product & pricing Share Service teams.
• Collaborate and coordinate with the Shared Service teams to bridge the gap and deliver all actuarial requirements in Cambodia. Have a detailed understanding of the actuarial results, assess and communicate the implications to the relevant local stakeholders.
• Review the work performed by Shared Services, e.g. data, model, methodology, assumptions, trend, and reasonableness checks.
• Create and maintain documentation of processes, controls, and results, in line with industry best practices.
• Collaborate with other teams (e.g. Finance, Legal, Risk, etc) to achieve common goals and provide actuarial knowledge and advice as required
Phnom Penh Cambodia
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