Actuarial Valuation, Capital Management and Performance Reporting Director

AXA Group; Philippines; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

AXA Group in Makati City seeks a Director to lead Actuarial Valuation, Capital Management and Performance Reporting. You will oversee data input, valuation results, IFRS17/PFRS4 bases, and regulatory submissions, ensuring accuracy and regulatory compliance.

You will manage a 10–12 person actuarial team, collaborate with regulators and auditors, and guide strategic insights to support growth and shareholder value.

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.

Responsibilities

• Lead the Actuarial Valuation, Capital Management, Performance Reporting, and Business Analysis functions.
• Coordinate with regulator and auditors and collaborate with senior management to align actuarial strategies with corporate objectives.
• Oversee preparation of actuarial reports for regulatory submission (AVR, RBC, QSR, AS, ORSA) and ensure regulatory compliance.
• Direct capital allocation processes for Life and GI businesses to optimize capital and shareholder value.
• Provide in-depth business analyses to support strategic decisions and profitability initiatives.
• Mentor and develop a high-performing actuarial team and ensure regulatory compliance across activities.

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Fellow of the SOA, Institute of Actuaries (UK), or equivalent

Job description

JOB TITLE:

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 OF THE JOB:

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:

Actuarial Valuation:

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.

Capital Management:

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.

Performance Reporting:

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.

Business Analysis:

Provide in-depth analyses of business performance, product profitability, and risk exposures. Support strategic decision-making through quantitative and qualitative insights.

Team Leadership & Development:

Manage, mentor, and develop a high-performing team of actuarial professionals. Foster a collaborative and innovative work environment.

Regulatory & Compliance:

Coordinate with regulator and auditors. Ensure all actuarial activities comply with regulatory requirements, internal policies, and industry standards.

Stakeholder Engagement:

Collaborate with Finance, Underwriting, Risk Management, and Executive teams to provide actuarial expertise and support strategic initiatives.

EXPERIENCE 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.