Actuarial Manager (Strategy & Transformation)

Bowtie Life Insurance Company; Hong Kong; Hybrid; HKD 60,000 - 90,000; Full time

Benefits offered by this job

Medical and dental coverage

Wellness programmes

Employee insurance discounts

Professional development sponsorship

Collaborative startup culture

Job summary

Bowtie Life Insurance Company in Hong Kong is seeking an Assistant Manager / Manager for their Actuarial team. In this role, you will take ownership of IFRS 17 and HKRBC frameworks while contributing to financial and capital management decisions.

The ideal candidate will have significant actuarial experience, clear communication skills, and the ability to work with senior stakeholders. Bowtie offers a competitive package with flexible working conditions, medical coverage, and ongoing professional development support.

Qualifications

• 5+ years for Assistant Manager or 7+ for Manager in life insurance actuarial.
• Strong track record in IFRS 17, solvency, modelling, or project team experience.
• Clear communicator for non-technical audiences.

Responsibilities

• Shape IFRS 17 policy and methodology.
• Own financial-impact analysis behind product decisions.
• Contribute to capital gap analysis and solvency optimisation.
• Drive actuarial model build and GMM implementation.
• Communicate actuarial findings in business language.

Skills

IFRS 17 reporting

Modelling

Solvency / RBC

Communication skills

Education

Near or recently qualified actuary (FSA / ASA or equivalent)

Tools

Prophet

AXIS

Excel

Python

R

Job description

Assistant Manager / Manager, Actuarial

Own the hardest, newest problems in the profession — IFRS 17 and HKRBC — end-to-end, with the breadth and Board-level exposure most actuaries wait a decade for.

Role Summary At Bowtie, we aren't just selling insurance; we're rebuilding it from the ground up. As Hong Kong's first virtual insurer, we run on transparency, efficiency, and data-driven decisions.

Why This Role

• Depth on frontier frameworks. IFRS 17 and HKRBC are easy if you just run the model and report the numbers, or can be the hardest, newest problems if you are the one setting the methodology for optimization — and here you set the methodology.
• Breadth in one seat. We support strategic optimization and transformation. All actuarial topics are relevant — financial reporting, capital, reinsurance, product economics, and model build — five separate teams at a large insurer, one role here.
• Build, don't babysit. A greenfield actuarial platform and AI-augmented workflows: you design the target state.
• Real visibility, real trajectory. Your analysis reaches the Chief Actuary, CFO, and Board by name — and we sponsor your exams to move you toward Senior Manager / Appointed-Actuary track faster.

Key Responsibilities

You won't do all of this from day one — we expect you to be strong in two or three areas and grow into the rest.

• Financial Reporting & Capital Management
• Shape IFRS 17 policy and methodology (PAA, GMM) and own the financial-impact analysis behind product and policy decisions, translated into Board narratives.
• Contribute to capital gap analysis, solvency optimisation — and help design reinsurance structures.
• Act as a key actuarial point of contact for external consultant engagements.
• Partner with Pricing and Product on solvency and IFRS 17 earnings impact across new product scenarios, so every launch is commercially and regulatorily sound.
• Turn modelling output into commercial insight that drives product, distribution, and strategy decisions.
• Drive actuarial model build and GMM implementation, and help lead the migration to a scalable actuarial platform.
• Champion automation and AI-augmented ways of working across the team.
• Coach junior colleagues, review their work, and raise the team's technical bar.
• Communicate complex actuarial findings in plain business language to Finance, Pricing, Product, and senior leadership.

About You

• Around 5+ years (Assistant Manager) or 7+ years (Manager) of life insurance actuarial experience — but we hire on capability and ownership, not years alone.
• A strong track record in at least one or two of: IFRS 17 reporting, solvency / RBC, modelling, or project team experience. You don't need all four.
• Near- or recently qualified actuary (FSA / ASA or equivalent).
• Hands‑on with actuarial modelling software (Prophet, AXIS, or equivalent) and strong Excel; Python or R a plus.
• A structured, commercially curious thinker who owns outcomes — and a clear communicator who makes complex positions land for non‑technical audiences.

Nice to have

• Big 4 or large‑insurer experience on IFRS 17 / solvency transformation; knowledge of HKRBC, Solvency II, or LDTI; insurtech or startup exposure.

You’ll work across IFRS 17 (PAA / GMM), HKRBC & solvency modelling, reinsurance structures, product profitability, and Board & stakeholder reporting.

Why Join Bowtie

• The chance to own the frameworks shaping the future of insurance in Hong Kong, at a pivotal stage of growth.
• A flat, transparent culture where your work reaches the Chief Actuary, CFO, and Co‑Founders directly.
• A real path to fast progression, with exam sponsorship and continued learning.

We Offer

• Competitive package and flexible / hybrid work arrangement
• Medical and dental coverage, wellness programmes, and employee insurance discounts
• Professional Development Sponsorship — we invest in your actuarial exams and continued learning
• Fun, collaborative startup culture with weekly knowledge‑sharing sessions and regular social gatherings

Let’s Make Insurance Good Again.

Information collected will be treated in strict confidence and used solely for recruitment purposes. The company will retain all applications no longer than 24 months, after which they will be destroyed. We are an equal‑opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.