Manager, Actuarial

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 34 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

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FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market.

PURPOSE
Actively contribute to building an in-house Actuarial consulting hub by
1) leading and managing the development, implementation, and maintenance of the centralized Actuarial
models for assigned business units while ensuring the modelling implementation are in accordance
with the Group Model governance policy,
2) leading and managing the shared pool resource in supporting various Actuarial initiative/project
requested the group office and business unit across FWD group.

KEY ACCOUNTABILITIES
. As the team lead:
Lead, coach, manage, and promote team's performance, development, and morale to ensure team
members achieve their goals according to the expected performance standards.
Manage the shared pool resources and ensure adequate resource allocation in work arrangement
Involve in the hiring of good talent
. As the Country Model Lead:
Lead and manage the overall development and maintenance of the centralised Actuarial models for
business units, and ensure quality and on-time work delivery
Demonstrate up-to-date expertise of Prophet modelling in the development, execution and
improvement of modelling process
Manage relationships and expectations of Group Office, business units and other key stakeholders
by developing a communication process to deliver defined Prophet modelling services within the
agreed scope and keep up-to-date modelling service progress
Review the checking and regression test performed by the team and explain any model change
impacts, and maintain model documentations for key stakeholders
Resolve and where necessary, escalate and communicate unprecedented and complex modelling
issues to Head of TIM Actuarial and business units on a timely manner
Responsible to ensure all time compliance with the Group Model Governance policy including the
model documentation, modelling process and control as well as ensuring team's understanding and
application of the policy
. Set project priorities for the team and oversee all projects deliverables including planning and managing
the shared pool resources allocation to deliver the expected Actuarial services or resources on and

KEY PERFORMANCEINDICATORS
. Effectiveness of the modelmaintenance process andproject delivery
. Engagement anddevelopment of teammembers
. Value added to localbusiness units

EXTERNAL & INTERNALCONTACTS
. Group Risk and ActuarialCommittee, ALMCOCommittee and IFRS17Project SteeringCommittee
. Local Country CA, CRO,investment/ALM teamsand function head
. Head of TIM Actuarial

DECISION MAKING
. In accordance withInsurance Group delegated authorities

QUALIFICATIONS /EXPERIENCE
. 6 to 8 years insuranceexperience in actuarialfunctions
. Fellowship or nearlyfellowship member ofan internationallyrecognised actuarialprofessional body

KNOWLEDGE &TECHNICAL SKILLS
. Strong Prophetmodelling skills,knowledge on ProphetALS is preferred
. Good understanding ofvaluation processesunder USGAAP,statutory andtraditional EV,knowledges on
EC/RBC and IFRS17are preferred

OURCOMPETENCIES
. Good teamleadership anddevelopmentskill
. GoodFacilitation,negotiation andproblem resolution skills
. Good StrategicThinking: Abilityto prioritize and balance multipletasks or project.
. Stronganalytical skills
. Goodcommunicationandpresentationskills
. Fluent inEnglish speaking andwritten skills

OTHERS
. Flexible to travel