SGV - Actuarial - Senior Associate

Sgv & Co; Philippines; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

SGV in the Philippines is seeking a Senior Actuarial Associate within the Actuarial Services Unit (ASU) to provide quantitative and qualitative reviews for insurance liabilities across life, non-life, and HMO sectors, and retirement liabilities for diverse industries.

You will prepare templates, reports, and presentations, review assumptions under regulatory frameworks, and contribute to IFRS 17 implementations, collaborating with clients and teams.

Qualifications

• Graduate of Actuarial Science, Statistics, or Mathematics.
• At least 3 years of relevant work experience.

Responsibilities

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

Education

Actuarial Science, Statistics, or Mathematics

Job description

SGV is the largest professional services firm in the Philippines. In everything we do, we nurture leaders and enable businesses for a better Philippines. This Purpose is our aspirational reason for being that ignites positive change and inclusive growth.

Our multidisciplinary teams work across a full spectrum of services in assurance, tax, strategy and transactions, and consulting. Enabled by data, AI and advanced technology, we help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

At SGV, we develop you with future-focused skills and equip you with world‑class experiences. We empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

In Risk Consulting, we assist organizations in identifying, assessing, and managing risks to protect their assets and achieve their strategic objectives. Our services include third party risk assessments and management, risk assessment, internal audit, compliance, and cybersecurity. We provide tailored solutions to mitigate potential threats and enhance resilience. By helping clients navigate complex risk landscapes, we enable them to make informed decisions and maintain a secure and sustainable business environment.

Our Actuarial services focus on providing expert analysis and insights to help organizations manage risk and make informed decisions. We collaborate with clients to assess their financial exposure, develop robust models, and ensure compliance with regulatory requirements. By leveraging advanced statistical techniques and industry knowledge, we help businesses navigate complex risk landscapes and optimize their insurance and pension strategies. Our tailored solutions empower organizations to understand their risk profiles and enhance their financial resilience in an ever‑evolving market.

Risk Consulting - Senior Actuarial Associate

As part of the Actuarial Services Unit (ASU), you will be providing quantitative and qualitative review based on different actuarial requirements. The actuarial review will be for the insurance liabilities of life insurance companies, non‑life insurance companies and HMO companies, and review of retirement liability for various companies in different industries.

Job 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

Competency Requirements

• Graduate of Actuarial Science, Statistics, or Mathematics
• At least 3 years of relevant work experience