Actuarial Analyst - Contract

Alexis Services Limited; Hong Kong; On-site; HKD 450,000 - 650,000; Full time

Job summary

Alexis Services Limited is seeking an experienced Actuarial Analyst to support governance, financial reporting, and analytics across Asian life insurance entities. You will coordinate Solvency II technical provisions, review models, and lead regional reporting on capital management and strategic planning.

The role requires 4+ years in life insurance actuarial work, strong knowledge of reserving, and proficiency with projection tools and data analysis.

Qualifications

• 4+ years actuarial experience in life insurance valuation, reporting or risk management
• Strong knowledge of reserving, balance sheet valuation and valuation principles
• Familiarity with Solvency II or similar risk-based capital frameworks
• Proficiency in English writing and cross-regional communication
• Experience with actuarial projection systems and data tools is a plus

Responsibilities

• Coordinate Solvency II technical provisions (BEL, RM) for regional entities
• Perform variance, movement and sensitivity analysis on technical provisions
• Prepare regional Solvency II reports, regulatory disclosures, and QRT templates
• Lead periodic new business reporting across Asia life entities
• Consolidate submissions for metrics like APE, NBV, NBM and weighted guaranteed rates
• Produce management summaries on sales performance, product mix and profitability
• Review operating and economic assumption updates
• Evaluate model changes and ensure compliance with actuarial standards
• Quantify financial impacts of model changes across entities
• Support capital management, planning and experience studies

Skills

Actuarial analysis

Solvency II

Financial reporting

Variance analysis

SQL

VBA

Prophet/AXIS

Excel (Advanced)

PowerPoint

English communication

Education

Bachelor's degree in Actuarial Science

Tools

Prophet

AXIS

SQL

VBA

Job description

This role supports actuarial governance, financial reporting, and analytics across Asian life insurance entities. You will coordinate Solvency II technical provisions, lead new business performance reporting, review actuarial models and assumptions, and support regional projects in capital management and strategic planning.

Key responsibilities

Coordinate and review Solvency II technical provisions—including Best Estimate Liabilities (BEL) and Risk Margin (RM)—submitted by local Asian entities to ensure mathematical accuracy and alignment with group principles

Perform variance analysis, movement analysis, and sensitivity testing on technical provisions to explain key period-over-period financial drivers and trends

Assist in preparing regular regional Solvency II reporting packages, regulatory disclosures, and quantitative reporting templates (QRTs)

Lead the periodic new business reporting workflow across Asia life entities

Consolidate, analyze, and challenge local entity submissions for key metrics, including Annualized Premium Equivalent (APE), New Business Value (NBV), New Business Margin (NBM), and weighted guaranteed rates

Produce clean, structured management reports and summaries highlighting sales performance, product mix shifts, and profitability drivers for regional leadership

Support the supervisor in reviewing local entity proposals for operating and economic assumption updates (e.g., mortality, lapse, expense, discount rates)

Evaluate model change requests and methodology updates submitted by local business units to ensure compliance with actuarial standards and regional risk frameworks

Quantify and summarize the financial impacts of model adjustments and methodology updates across entities

Support regional projects related to capital management, strategic planning, and experience studies as required

About you

University degree in Actuarial Science, Risk Management, Mathematics, Statistics, or a related quantitative discipline

4+ years of relevant actuarial experience in life insurance valuation, financial reporting, or risk management

Solid actuarial knowledge, with demonstrated experience in actuarial reserving, balance sheet evaluation, and valuation principles

Practical understanding of Solvency II principles or similar risk-based economic capital frameworks is strongly preferred

Good command of written and spoken English; able to write concise technical notes and communicate effectively across regional teams

Proficient in Microsoft Office suite (advanced Excel and PowerPoint)

Strong analytical and problem-solving skills with a keen eye for numerical detail and variance tracking

Good progress toward professional actuarial qualification (SOA, IFoA, CAS, or equivalent) is preferred

Familiarity with actuarial projection systems (e.g., Prophet, AXIS) or data tools (SQL, VBA) is an advantage

Your application will include the following questions:

• Which of the following statements best describes your right to work in Hong Kong?
• How many years' experience do you have as an Actuarial Analyst?
• What is your highest level of education?