Head of Model Development

Qualifications

• Qualified Actuary (passed all subjects) and registered as a fellow Actuary. (Applicants who are not qualified actuaries but have more than 4 years of Valuations experience will also be considered.)
• Advanced Prophet knowledge required.

Key Accountability

Perform complex actuarial production processes under limited supervision to support sound management of business performance and financial risk. Processes include:

• Utilize Prophet (conventional, unit-linked, and summary libraries) to ensure the accurate calculation of financial reporting metrics, including:
  • IFRS17: Fulfilment cashflows, risk adjustment, and contractual service margin.
  • Embedded value: Adjusted net worth, present value of future profits, and cost of capital.
  • SAM: Technical provisions and life non-market risk solvency capital requirements.
• Relationship Management with 3rd Party Prophet Software Pr...