Chief Actuary, Philippines

Sun Life Financial; Philippines; On-site; PHP 1,200,000 - 2,400,000; Full time

Job summary

Sun Life Financial Philippines is seeking a senior actuary to develop the strategic direction for actuarial operations, overseeing valuation, product pricing, validation of assumptions, dividend considerations, capital management, and regulatory reporting.

The role requires a mathematics or statistics degree, fellowship with the Philippine actuarial society, and substantial leadership experience in insurance.

Qualifications

• Bachelor's degree in Mathematics or Statistics.
• Fellow of the Actuarial Society of the Philippines.
• Management training or 5+ years of people leadership.

Responsibilities

• Develops strategic direction for actuarial operations.
• Ensures efficient execution of actuarial functions and delivery of KPIs.
• Supports governance and risk management; participates in product, ALM, and risk committees.
• Develops and mentors team members, focusing on growth and engagement.

Skills

Leadership

Communication

Project management

Team management

Education

Bachelor's degree in Mathematics or Statistics

Fellow of the Actuarial Society of the Philippines

Job description

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description: Job description (heading) / Description du poste (titre)

Develops strategic direction for actuarial operations covering the following areas in support of the company’s overall business plan and long-term strategy:

• Actuarial valuation
• Product pricing (review and support)
• Validation of actuarial assumptions (Actuarial Data Analytics and Experience Studies)
• Dividend setting (Par management)
• Capital Management (ex. LICAT, local solvency, Financial Condition Reporting)
• Reinsurance Financial projections and analyses (ex. Drivers of Earnings, Earnings at Risk, VNB)
• Preparation of financial reports relating to actuarial matters
• Regulatory reporting for all product lines
• Represents SLF before regulatory bodies, industry and professional organizations relating to actuarial matters

Preferred skills (heading) / Compétences particulières (titre)

Expert knowledge of generally accepted actuarial standards and practices Expert knowledge of the insurance industry in the Philippines Expert knowledge of insurance and investment products offered in the Philippines Strong strategic development skills Strong sense of integrity and maintain high standards of risk management all the time Excellent management and leadership skills Excellent verbal and written communication, including the ability to effectively present recommendations to senior management Excellent project management skills Ability to lead a team independently Demonstrate a strong sense of accountability and ownership with minimum supervision Strong team player to ensure collaborative/constructive relationships with all functions across the organization.

Qualifications (heading) / Compétences (titre)

College degree in Mathematics or Statistics A fellow of the Actuarial Society of the Philippines Prerequisite management training or at least five (5) years of experience managing people. Minimum 10 years of prior working experience in the insurance industry, including experience related to several actuarial functions.

Responsibilities (heading) / Responsabilités (titre)

Strategic: Develops strategic direction for actuarial operations. Functional/ Business: Ensures efficient execution of actuarial functions. Support business objectives and delivery of Financial KPIs. Governance/Oversight/ Risk Management: Ensure Robust Actuarial Control Environment Committees: Actively participates and presents, as needed, matters related to actuarial in the following: Product Steering Committee, ALM Committee, Risk Committee Talent Development: Ensure support in the development of the team members, with focus on professional growth, high performance, wellness and engagement.

Job Category: Actuarial Posting End Date: 30/12/2026

Shine together

At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed. Make life brighter We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world. Shape the future With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter. Join a top employer for a brighter future.