Actuarial Valuation, Capital Management and Performance Reporting Director

AXA Philippines; Makati; On-site; PHP 2,000,000 - 3,400,000; Full time

Job summary

AXA Philippines in Makati is seeking a Director to lead Actuarial Valuation, Capital Management and Performance Reporting, ensuring accuracy of financial statements and optimal capital use. You will work with Life Chief Actuary, regulators, and auditors, guiding data input, valuation results, and actuarial provisions across PFRS4 and IFRS17.

The role manages a 10-12 person team, partners with Finance, Underwriting, Risk Management and executives, driving strategic insights, product profitability

Qualifications

• Bachelor's degree in Actuarial Science or related field; advanced degree preferred.
• Fellow of the SOA or UK Institute of Actuaries (or equivalent).
• 8–10 years in life insurance actuarial roles with leadership experience.
• Strong modeling, valuation, and risk management capabilities.
• Experience with ORSA/ICAAP and regulatory reporting.
• Excellent communication and leadership skills.

Responsibilities

• Lead data input, valuation results, and technical provisions for financial statements (PFRS4/IFRS17).
• Oversee actuarial reports for regulatory submissions (AVR, RBC, QSR, AS, ORSA).
• Lead capital allocation to optimize shareholder value while maintaining solvency.
• Prepare financial and operational actuarial reports for stakeholders.
• Direct business planning, budgeting, and forecasting processes.
• Provide deep analyses of product profitability and risk exposures.
• Mentor and develop a high-performing actuarial team.
• Coordinate with regulator and auditors; ensure regulatory compliance.
• Collaborate with Finance, Underwriting, Risk Management and executives.

Skills

Actuarial modeling

Valuation

Risk management

ORSA/ICAAP

Leadership

Communication

Data analysis

Education

Bachelor's degree in Actuarial Science

Job description

Actuarial Valuation, Capital Management and Performance Reporting Director

Division: Finance

Department: AXAPH FI

LOCATION: GT Tower International cor. HV Dela Costa Makati City

Reporting To (role): Life Chief Actuary

Number Of Direct Reports: 3

Main Purpose

This role will lead the Actuarial Valuation, Capital Management, Performance Reporting, and Business Analysis functions within the insurance company. This role is pivotal in ensuring the accuracy and integrity of financial reporting, optimizing capital utilization, and providing strategic insights to support business growth. The role manages a team of 10-12 professionals, including 3 direct reports, coordinates with both the regulator and auditors, and collaborates closely with senior management to align actuarial strategies with corporate objectives.

Key Accountabilities

• Manage the preparation of data input, valuation results, technical insurance provisions for recording in financial statements (both PFRS4 and IFRS17 bases), in timely, accurate, complete and consistent manner.
• Manage the production and handling of accountabilities on the company’s different lines of business.
• Lead the preparation of actuarial-related reports for regulatory submission (e.g., AVR, RBC, QSR, AS, ORSA), ensuring compliance with regulatory standards and accounting principles.
• Lead the Capital Allocation process of both Life and GI business to determine the excess capital that can be remitted to shareholders as cash dividends, while maintaining sufficient buffer on the company’s networth and solvency. Provide insights and recommendations for capital optimization and risk mitigation strategies.
• Prepare and present financial and operational reports related to actuarial metrics, product performance, and business profitability. Ensure accuracy, timeliness, and clarity of reporting to stakeholders including regulator and auditors.
• Manage the actuarial aspect of business plan and forecasts (e.g., Strategic Planning, Revised Budget, PCHY, FC1, FC2, PCFY), and provide recommendations that support sustainable CSM growth and create shareholder value.
• Provide in-depth analyses of business performance, product profitability, and risk exposures. Support strategic decision-making through quantitative and qualitative insights.
• Manage, mentor, and develop a high-performing team of actuarial professionals. Foster a collaborative and innovative work environment.
• Coordinate with regulator and auditors. Ensure all actuarial activities comply with regulatory requirements, internal policies, and industry standards.
• Collaborate with Finance, Underwriting, Risk Management, and Executive teams to provide actuarial expertise and support strategic initiatives.

EXPERTISE AND QUALIFICATIONS

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field; advanced degree preferred.
• Fellow of the Society of Actuaries (SOA), Institute of Actuaries (UK), or equivalent.
• Minimum of 8-10 years of relevant experience in life insurance actuarial functions, with progressive leadership roles.
• Strong technical expertise in actuarial modeling, valuation, and risk management.
• Experience with capital management frameworks such as ORSA, ICAAP, or similar.
• Excellent communication skills, with the ability to convey complex technical concepts to non-technical stakeholders.
• Proven leadership and team management skills.