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
