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Responsible for reviewing and monitoring the local solvency position for all business units, assisting on the group LCSM implementation, coordinating and producing the solvency position under BMA basis, and supporting ad-hoc projects.Responsibilities
Consolidate, review and analyze all business units' local solvency results on timely manner.
Implement the Group LCMS solvency position production;
Coordinate and assist on the solvency production under BMA basis;
Ensure preparation of relevant solvency reporting and the related actuarial guidelines are compliant with up-to-date regulations.
Coordinate control implementation and ensure governance and auditing requirements are properly satisfied
Handle the board materials where necessary
Monitor solvency movement on daily basis
Streamline and automate actuarial preparation process for Group solvency reporting
Provide support on country review for the business unit assigned:
Ensure the assigned business units submit all report on a timely basis for VONB, EV and IFRS reporting.
Provide support on reviewing the financials of business units.
Work closely with Group Finance and business units to address specific issues.
Assist on the update of relevant AIA group policies and guidelines whenever required. Other ad-hoc projects are required.
Requirements:
Education – Degree holder
Experience – Minimum 5 years of experience in life insurance industry, less experience would be considered for Assistant Manager
Certifications/licenses – Good progress in Actuarial professional examination
Good command of written and spoken English
Candidates with less experience may also be considered for the role of Assistant Actuarial Manager or Senior Actuarial Associate
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