Job Description Image
Job Level: 

Professional

Location: 

Bangkok, TH, 10330

Area of Expertise: 

Actuarial

Unit: 

Allianz Thailand

Employing Entity: 

Allianz Ayudhya Assurance Pcl.

Job Type: 

Full-Time

Remote Job: 

Hybrid working

Employment Type: 

Permanent

ID: 

71828

Position Cluster: 

Non-Executive

Manager - AZAY Corporate Actuarial

1) Actuarial Valuation (IFRS/TFRS 17)

  • Work together with peers/juniors in Corporate Actuarial and with other local parties (e.g. Accounting, Investment and IT) to deliver the assigned IFRS/TFRS 17 business-as-usual (BAU) reporting deliverables as well as analyses.
  • Support managers in conducting additional analyses, to address questions/requests from local management and regional/Group office.
  • Active participation in the internal & external audit on IFRS/TFRS 17.
  • Prepare & maintain good documentations on IFRS/TFRS 17 valuation process and ensure sufficient controls are in place.
  • Work with modelling team to automate & streamline the IFRS/TFRS 17 reporting process, to reduce the turnaround time.
  • Provide day-to-day coaching to juniors.

   2) TFRS 17 implementation/transition

  • By the key contact point in Corporate Actuarial on TFRS 17 related matters.
  • Support RBC reporting team in the TFRS 17 related requests, including the regular submission of TFRS 17 figures in the RBC form.
  • Liaise with Accounting on the new reporting requirements due to TFRS 17 effectiveness. Work within the team to implement any new reports according to requirements.
  • Participate in industry discussions / working groups in relation to TFRS 17. Stay up to date with the latest development in the industry and update team/management regularly.                                                                                                                                       

3) Actuarial Model Enhancement

  • ­Work with modelling team to define the requirements in developing and updating the actuarial model.
  • ­Complete model UAT, quantify financial impact and explain the impact to supervisors.

4) Financial Modeling for Planning Dialogue / Strategic Dialogue

  • ­Perform financial modeling in the annual budgeting exercises. Deliver all requirements timely and in good quality.
  • Provide analysis on the projections to explain the underlying drivers, for both internal management and for regional/Group office.

5) Annual Assumption Review

  • ­Complete annual assumption study (selected experience) as assigned. Analyze the experience and propose assumptions to Chief Actuary.

6) Ad-hoc projects

  • ­Support ad-hoc projects as assigned such as Reinsurance Strategy & Management

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