Chief Actuary, Asia

Job Description - Chief Actuary, Asia (13005302D20250421)

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.

Key Responsibilities

Key responsibilities of this role are:

1. 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:
1. The quarterly and annual year-end valuations;
2. The stress testing;
3. The ORSA report;
4. The annual actuarial valuation report;
5. Review of capital;
6. Ad hoc support including reinsurance arrangements review.
2. Liaising with APAC & EUR reserving actuarial team.
3. Working with local stakeholders to both understand and interpret the business and to explain actuarial decisions (be it local, regional or divisional).
4. Explaining the reasons where the regulatory reserving may differ from the regional reserving.

Qualifications

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

1. Actuarial Experience: Expected to have in excess of 10 years of relevant experience and 5 years of 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.
2. Local qualifications: Fellow Member of The Actuarial Society of Hong Kong and Fellow Member of the Singapore Actuarial Society.
3. 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 States of America or Fellow of the Casualty of Actuarial Society of the United States of America.
4. 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.
5. Strong 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.
6. Strategic Thinking and Tactical Implementation: Ability to invent, design and build solutions.
7. A track record which demonstrates a leadership capability and the ability to build strong relationships, as well as the ability to ensure timely delivery under pressure is absolutely essential.
8. 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.

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.

Location

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

Actuarial

Schedule

Full-time

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.