Actuarial Specialist: Par Management & Risk Modelling

Sun Life; Taguig; On-site; PHP 1,800,000 - 2,600,000; Full time

Job summary

Sun Life is seeking an Actuarial Specialist, Par Management and Risk Modelling to support Par business management and risk modelling within the Actuarial Valuation function. You will contribute to dividend studies, Par reporting, TVOG/UDL, FCT and risk sensitivity analysis.

With 7+ years of actuarial experience and AXIS proficiency, you will work with senior management to provide insights, drive regulatory compliance, and deliver high-quality actuarial analyses for the business.

Qualifications

• University degree with strong mathematical or statistical background.
• Associate or near-associate of the Actuarial Society of the Philippines (ASP).
• 7+ years actuarial experience, preferably in life insurance.
• Strong knowledge of modelling and valuation concepts.
• Hands-on AXIS experience and Excel proficiency.
• Experience with automation and data analytics is plus.
• Excellent written and verbal communication skills.

Responsibilities

• Support dividend studies for traditional par products and provide recommendations.
• Prepare quarterly valuation deliverables including TVOG and UDL.
• Perform stochastic asset modelling and regulatory reporting support.
• Contribute to annual Financial Condition Testing process.
• Develop risk sensitivity models and analyze quarterly results.
• Participate in ad-hoc actuarial projects and process improvements.

Skills

Actuarial modelling

Valuation concepts

Data analytics

Financial reporting

Communication skills

Analytical thinking

Stakeholder management

Multitasking

Attention to detail

Education

Bachelor’s degree in mathematical or statistical field

Tools

AXIS

Job description

Sun Life is seeking an Actuarial Specialist, Par Management and Risk Modelling to support Par business management and risk modelling within the Actuarial Valuation function. You will contribute to dividend studies, Par reporting, TVOG/UDL, FCT and risk sensitivity analysis.

With 7+ years of actuarial experience and AXIS proficiency, you will work with senior management to provide insights, drive regulatory compliance, and deliver high-quality actuarial analyses for the business.