Senior Actuarial Associate

Hammerjack Pty Ltd; Philippines; On-site; PHP 700,000 - 1,000,000; Full time

Job summary

Hammerjack Pty Ltd is seeking an experienced actuary to prepare calculation templates, reports, and presentations. You will review actuarial assumptions and methodologies to ensure reserves and data comply with regulatory requirements, and provide analyses and recommendations to clients.

The role also involves actively contributing to the implementation of IFRS 17 for Insurance Contracts. Ideal candidates graduate in Actuarial Science, Statistics, or Mathematics with at least 3 years of relevant

Qualifications

• Graduate of Actuarial Science, Statistics, or Mathematics.
• Proven ability to lead a team in a corporate setting.
• Strong analytical and problem-solving skills.

Responsibilities

• Prepares calculation templates, reports, and presentation.
• Reviews actuarial assumptions and methodologies to ensure reserves were reasonable and compliant with statutory requirements.
• Provides analysis and recommendations to clients regarding actuarial assumptions and methodologies.
• Engages in the implementation of IFRS 17: Insurance Contracts.

Skills

Analytical thinking

Problem solving

Communication

Written communication

Team leadership

Attention to detail

Education

Actuarial Science, Statistics, or Mathematics

Tools

VBA

R

Python

Job description

Key Responsibilities

• Prepares calculation templates, reports, and presentation
• Reviews actuarial assumptions and methodologies, according to applicable regulatory frameworks (e.g., regulatory and statutory), to check reasonableness of reserves, data appropriateness and compliance with statutory requirements
• Provides analysis and recommendation to clients regarding their actuarial assumptions and methodologies
• Engages in the implementation of IFRS 17: Insurance Contracts

To qualify for the role

• Graduate of Actuarial Science, Statistics, or Mathematics
• At least 3 years of relevant work experience
• Proven experience leading a team in a corporate setting
• Willing to explore and learn various aspects of the actuarial field – life, non-life, and retirement
• Strong analytical and problem-solving skills
• Keen attention to detail
• Good communication and writing skills
• Actuarial exams are a plus
• Experience in using VBA, R and Python is a plus

Cultural fit:

We highly appreciate individuals who are:

• 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