Chief Actuary, Asia

AXA XL; Singapore; On-site; SGD 150,000 - 200,000; Full time

Job summary

A leading company seeks a Chief Actuary for Asia responsible for managing the actuarial function across multiple jurisdictions. The role requires extensive actuarial experience and strong leadership skills to ensure compliance with local regulations and effective stakeholder management.

Benefits

Flexible Working Arrangements

Enhanced family friendly leave benefits

Qualifications

• Extensive post-qualification experience in non-life insurance.
• Ability to manage multiple conflicting tasks and outputs.
• Leadership capability with timely delivery under pressure.

Responsibilities

• Manage all aspects of the Actuarial function for Singapore, Hong Kong, and Labuan.
• Fulfill requirements of an Appointed/Certifying Actuary.
• Liaise with local stakeholders to explain actuarial decisions.

Skills

Actuarial Experience

Effective Business Acumen

Strategic Thinking

Stakeholder Management

Education

Fellow Member of The Actuarial Society of Hong Kong

Fellow Member of the Singapore Actuarial Society

Fellow of the Institute and Faculty of Actuaries of the United Kingdom

Fellow of The Institute of Actuaries of Australia

Fellow of the Society of Actuaries of the United States of America

Fellow of the Casualty Actuarial Society of the United States of America

Job description

This service is set to disconnect automatically after {0} minutes of inactivity. Your session will end in {1} minutes. Click OK to reset the timer to {0} minutes.

You have been signed out. This service is set to sign out after {0} minutes of inactivity.

Job Description - Chief Actuary, Asia (13005302D20250421)

Job Description

Chief Actuary, Asia (

Job Number:

13005302D20250421 )

DISCOVER your opportunity

Chief Actuary, Asia

The successful candidate will report to the Chief Actuary APAC within AXA XL, the Commercial P&C and Specialty Risk division of AXA.

The role will be responsible for the management and delivery of all aspects of the Actuarial function for XLICSE Singapore, Hong Kong and Labuan. The successful candidate will be the signing actuary for the local statutory return in the 3 jurisdictions and will also work closely together with the divisional actuarial function, as well as working closely with the local Asian teams including Underwriting, Claims, and Finance.

The role will be supported by two assistant actuaries (direct reports to this role), as well as being supported by the wider Divisional Actuarial Function to facilitate meeting the requirements of the Chief Actuary – Asia.

DISCOVER your opportunity

Key responsibilities of this role are:

· Fulfil all requirements of an Appointed/Certifying Actuary as set out under local regulatory requirements (Singapore, Hong Kong and Labuan) and relevant legislation by providing oversight and insight on key actuarial topics such as:

o The quarterly and annual year- end valuations;

o The stress testing;

o The ORSA report;

o The annual actuarial valuation report;

o Review of capital;

o Ad hoc support including IFRS17 and Reinsurance arrangements review;

· Liaising with APAC & EUR reserving actuarial team

· Working with local stakeholders to both understand and interpret the business and to explain actuarial decisions (be it local, regional or divisional)

· Explaining the reasons where the regulatory reserving may differ from the regional reserving

We’re looking for someone who has these abilities, skills/ qualifications and experience:

· Actuarial Experience: Extensive and post-qualification experience within the non-life insurance industry, with exposure to all aspects of the Chief Actuary requirements, including Reserving, Pricing, Capital and Reinsurance purchase

· Local qualifications: Fellow Member of The Actuarial Society of Hong Kong and Fellow Member of the Singapore Actuarial Society

· Overseas qualification: Fellow of the Institute and Faculty of Actuaries of the United Kingdom or Fellow of The Institute of Actuaries of Australia or Fellow of the Society of Actuaries of the United Stated of America or Fellow of the Casualty of Actuarial Society of the United States of America

· Planning & Organisation: An ability to manage multiple conflicting tasks and outputs.Able to plan long term deliverables and ensure tasks are planned and completed accordingly and that any delays or complications are communicated early and resolved appropriately

· Effective Business Acumen: Able to translate actuarial output into business value, ensuring various customers, including legal entity boards, are able to understand the practical implications of our analyses

· Strategic Thinking and Tactical Implementation: Ability to invent, design and build solutions

· A track record which demonstrates a leadership capability and the ability to build effective relationships, as well as the ability to ensure timely delivery under pressure is absolutely essential

· Stakeholder management: Able to work with, and influence stakeholders at all levels both locally and remotely

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
• Robust support for Flexible Working Arrangements
• Enhanced family friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability

AXA XL is an Equal Opportunity Employer.

Location

Work Locations

Location

: SG-SG-Singapore

Work Locations

: SG Singapore 138 Market St 138 Market St #10-01 & 03-02 (Lloyd's)CapitaGreen Singapore 048946

Job Field

Job Field

: Actuarial

Schedule

Schedule

: Full-time

Job Type

Job Type

: Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.