Actuarial Manager

SGV & Co.; Makati; On-site; PHP 2,000,000 - 2,800,000; Full time

Job summary

SGV is seeking a Manager of the Actuarial Services Unit to lead SGV/EY PH services in the market through business development, project planning, and high-quality project execution.

You will oversee IFRS 17 implementations, review liabilities, and provide actuarial guidance and support across local and APAC engagements, fostering a culture of technical excellence and client service.

Qualifications

• Has experience in IFRS 17 implementation.
• Extensive knowledge in the insurance industry.
• Strong analytical and problem-solving skills.
• Good communication and writing skills.
• SOA examination is required; Associate or near Associateship is preferred.

Responsibilities

• Leads and manages teams for consulting and insurance and retirement liability audit engagements.
• Implements IFRS 17: Insurance Contracts.
• Reviews actuarial assumptions and methodologies for regulatory compliance (IFRS/Insurance Commission).
• Provides actuarial audit support to audit teams locally and in the Asia-Pacific region.
• Provides actuarial guidance to the team and participates in due diligence projects.

Skills

IFRS 17

Insurance industry knowledge

Analytical and problem-solving

Communication and writing

SOA examination

Job description

SGV is the largest professional services firm in the Philippines. In everything we do, we nurture leaders and enable businesses for a better Philippines. This Purpose is our aspirational reason for being that ignites positive change and inclusive growth.

Our multidisciplinary teams work across a full spectrum of services in assurance, tax, strategy and transactions, and consulting. Enabled by data, AI and advanced technology, we help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

At SGV, we develop you with future-focused skills and equip you with world-class experiences. We empower you in a flexible environment and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

Our Actuarial services focus on providing expert analysis and insights to help organizations manage risk and make informed decisions. We collaborate with clients to assess their financial exposure, develop robust models, and ensure compliance with regulatory requirements. By leveraging advanced statistical techniques and industry knowledge, we help businesses navigate complex risk landscapes and optimize their insurance and pension strategies. Our tailored solutions empower organizations to understand their risk profiles and enhance their financial resilience in an ever-evolving market.

As a Manager of the Actuarial Services Unit (ASU), you will be leading SGV/EY PH services in the market through business development, project planning, and high-quality project execution. Moreover, as a Manager you will be involved in studying and proving guidance on different standards and policies pertaining to finance and actuarial. Also, as a Manager, you will be spearheading the setting up and analysis of calculations relating to clients’ businesses.

Your key responsibilities

• Leads and manages teams for consulting and insurance and retirement liability audit engagements.
• Engages in the implementation of IFRS 17: Insurance Contracts
• Reviews actuarial assumptions and methodologies, according to applicable regulatory frameworks (e.g., Insurance Commission, IFRS), to check reasonableness of insurance and retirement liabilities, data appropriateness and compliance with statutory requirements.
• Provides recommendations to clients regarding their actuarial assumptions and methodologies.
• Provides actuarial audit support to audit teams, both locally and within the Asia-Pacific region
• Provides actuarial support, insurance, and retirement, for due diligence projects.
• Provides technical actuarial guidance to the Team

You will be leading projects relating to

• Implementation of IFRS17: Insurance Contracts for life and non-life insurance companies
• Review of actuarial liabilities/ reserves of life and non-life insurance companies
• Review of retirement liabilities of companies in various industries

Skills and attributes for success

What we look for:

• Has experience in IFRS 17 implementation.
• Has extensive knowledge in the insurance industry
• Has strong analytical and problem-solving skills
• Has good communication and writing skills
• SOA examination is required, Associate or near Associateship is preferred.

Ideally, you’ll also:

• Not afraid of stepping outside of their comfort zone, working on sectors or solutions that are new to them
• Diligent in keeping up with the latest techniques and emerging technology
• Intellectually curious; willing to learn and do what it takes to master skills needed for a new project
• Agile and effective; quick to adjust to fluid situations and changing needs of the client.

What we offer you

• Developing an extraordinary you – Gain access to world-class training, coaching, and hands-on experience that will build your skills, sharpen your expertise, and prepare you for leadership opportunities.
• Empowering an extraordinary you – Thrive in a flexible and supportive work environment that prioritizes wellbeing, embraces our values, and helps you achieve both professional success and personal fulfillment.
• Fueling an extraordinary you – Be part of an inclusive, diverse culture where collaboration and innovation drive impactful work, and where you’re inspired and challenged by teams who bring out your best.

At SGV, we're all in to shape your future with confidence.