Actuary Manager

Fortune Life Insurance PLC Job location: Phnom Penh

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Job Overview
# Hiring1
Job TypePermanent Job
Exp. LevelMiddle Management
Job FunctionBanking / Financial Service
IndustryLife Insurance
Preferred ApplicantLocal
Required LanguageEnglish , Khmer
DeadlineApr 27, 2024
Job Summary

This position’s purpose is to achieve the new product pricing and valuation process objectives in line with Company strategy and Business goals.

Responsibilities and Duties
  • Lead the design and execution of pricing calculations for new products, as well as prepare comprehensive documents such as VONB reporting, NB analysis.
  • Ensure accurate delivery of pricing terms and provide innovative product development solutions
  • Support daily functions of relevant departments like operations and distribution, while equipping all business units with necessary tools for successful product delivery
  • Manage preparation and submission of regulatory filings for new products
  • Assist in review and deliver valuation tasks include regulatory reporting, experience studies, and business plans
  • Support the implementation of IFRS17 projects.
  • Collaborate on assigned ad-hoc projects, partnership proposals, and other initiatives.
  • Provide various actuarial services such as Reinsurance Treaty Discussions, Actuarial modeling, Assumption’s development, etc.
  • Contribute expertise and knowledge to executive presentations for Senior Management and Board of Directors
  • Mentor junior actuarial staff to foster their professional growth and development

Qualifications and Skills

3-8 years of experience in an actuarial role, preferably with actuarial working experience.

Good math and analytical experience, as normally acquired through a degree in Mathematics, Statistics, Accounting, Economics, Actuarial Science, or related field experience. 

Pursuit of Actuarial professional credentials with preference candidates with at least one professional exam completed. 

Technology proficient (excel, word, prophet, and ability to learn new software) 

How to Apply
NameFortune Life Insurance PLC
TitleHR Department
Phone Number+855 23931999 /
AddressThe Gateway- 26th Floor, Russian Blvd (110), Sangkat Phsar Depo 3, Khan Toul Kork, Phnom Penh, Cambodia
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