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Job Description:
Job Description
Actuarial Analyst in Capital and Reinsurance Management team, where the candidate will play a key role supporting capital planning, Financial Condition Testing and sensitivities (Canadian LICAT Basis), and Bermuda capital reporting. This role will contribute to model maintenance, process and control improvements, capital initiatives, and risk mitigation.
Assist in routine capital management tasks on Canadian capital basis, including quarterly capital sensitivities to key risks, capital movement tracking, forecasting, and evaluating capital contribution from in-force and new business.
Provide modelling and analytical support the Financia Condition Testing submissions, focusing on stress and scenario testing over 5 projection years under various adverse scenarios to assess capital projection and resilience.
Contribute to the development of capital plan during the strategic and business planning cycle, including analysis on key business lines, new business capital contribution by key products, product mix and sales volume, etc.
Support various capital initiatives and analysis, examples including investigating new business capital metrics by risk component under base and stress scenarios, BMA capital reporting.
Support other tasks (e.g. reinsurance) as assigned in the team.
Qualifications
Bachelor's degree in actuarial science or related disciplines
Good progress in actuarial exams
1-3 years of experience in the life insurance industry
Solid understanding of valuation, capital and financial reporting
Experience in asset and liability cash flow testing, capital reporting, or stress testing is a plus
Proficiency in Axis or Prophet ALS is highly valued
Exceptional accuracy and attention to detail
Strong analytical thinking and problem-solving capabilities
Proactive ownership mindset; able to work both independently and collaboratively
Effective time management with ability to prioritize and meet deadlines
Demonstrate initiative, accountability, and a strong sense of team commitment.
Excellent verbal and written communication, both English and Chinese
We offer 5-day work, attractive salary, MPF, group life and group medical insurance; and excellent career development opportunities to the right candidate.
We are an equal opportunity employer and welcome applications from all qualified candidates. Application forms and resume will be kept for a period of 24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).
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