IFRS17 Actuarial Specialist
2 weeks ago
We are looking for a detail-oriented and motivated
Actuarial Officer
to support the actuarial work stream of the
IFRS 17 implementation project
for our life insurance products. You will assist in developing actuarial models, preparing input data, and performing financial calculations under IFRS 17 guidelines. This is a great opportunity to gain valuable technical experience and contribute to one of the most significant regulatory changes in the insurance industry.
Key Responsibilities:
- Assist in developing and testing actuarial models used for IFRS 17.
- Support the preparation of
best estimate cash flows, risk adjustment calculations
, and
Contractual Service Margin (CSM)
. - Perform data extraction, validation, and transformation to ensure accuracy of inputs to actuarial models.
- Run model calculations and assist in analyzing and reconciling results.
- Document methodologies, model logic, and assumptions for internal and external review.
- Work closely with actuarial supervisors and senior team members to meet IFRS 17 project timelines.
- Contribute to internal reports, audits, and technical documentation related to IFRS 17.
Job Requirement:
- Bachelor's in Actuarial Science, Mathematics, Statistics, or a related field
- Good exam process for SOA or equivalent
- Strong analytical and problem-solving skills
- Ability to multi-task and work under pressure
- Motivated and pro-active
- Detailed oriented and work independently
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