Chief Actuary, Asia Pacific & MENA

Canopius Group; Singapore; Hybrid; SGD 350,000 - 800,000; Full time

Job summary

Canopius Group seeks a Chief Actuary to lead the actuarial function across Asia Pacific and MENA, providing strategic oversight of reserving, pricing, planning, technical provisions, solvency, capital modelling and portfolio performance.

The role sits on the APAC Executive Committee, partnering with regional leadership and senior management to deliver actuarial insight that supports profitable growth and sound governance. Hybrid work model in a global specialty insurer.

Qualifications

• Actuary qualification required.
• Accredited degree or equivalent.
• Extensive actuarial experience in APAC or global markets.

Responsibilities

• Lead regional actuarial team across APAC and MENA.
• Oversee reserving, technical provisions, capital modelling and solvency.
• Provide pricing, profitability and portfolio insights for underwriting and planning.
• Ensure governance, regulatory compliance and risk management.
• Collaborate with underwriting, finance, risk and senior leadership.
• Engage with Lloyd’s, regulators and rating agencies as needed.

Skills

Accredited degree

Qualified actuary

10+ years actuarial experience

Pricing experience

Reserving experience

Business planning

Leadership

Stakeholder management

Portfolio management

Commercial acumen

Self-motivation

Communication skills

Education

Actuary qualification

Accredited degree

Job description

Job Description

The Chief Actuary leads the actuarial function across Asia Pacific and MENA, providing strategic oversight of reserving, pricing, planning, technical provisions, solvency, capital modelling and portfolio performance. The Chief Actuary will sit as a member of the Canopius APAC Executive Committee, partners closely with regional leadership, underwriting teams, the Group Chief Actuary and senior management to deliver actuarial insight that supports profitable growth, robust governance, effective risk management and sound strategic decision-making.

Responsibilities

Key Responsibilities

• Lead and develop the regional actuarial team, ensuring high-quality analysis, reporting and recommendations.
• Oversee reserving, technical provisions, capital modelling, solvency assessments and actuarial governance across the region and reporting to the Group Reserving Management Committee as required.
• Provide pricing, profitability and portfolio performance insights to support underwriting strategy, business planning and Quarterly Business Review (‘QBR’) processes.
• Consider the impact of emerging risks on reserving and business planning.
• Partner with underwriting, finance, risk, claims and senior leadership to inform strategic and commercial decisions.
• Drive greater use of data, analytics and actuarial insight to improve risk selection, performance monitoring and business outcomes.
• Ensure actuarial work is aligned with Group standards, regulatory requirements and regional governance expectations.
• Support internal model, pricing, reserving and other actuarial projects as required.
• Build strong relationships across APAC, MENA and Group functions, including London-based stakeholders.
• Liaise with Lloyd’s, Singapore/Austalia regulators/rating agencies as necessary to demonstrate the quality of Actuarial analysis in line with the local regulatory requirements.
• Promote a high-performance actuarial culture focused on technical excellence, innovation and commercial impact.

Qualifications

And other ad hoc duties as required.

Skills And Experience

• Accredited Degree and a qualified actuary.
• 10+ years of actuarial experience within general insurance and/or reinsurance, including substantial experience in the Asia Pacific market.
• Demonstrated expertise across a broad range of insurance and reinsurance business structures
• Prior experience essential in: Pricing, Reserving, Business planning
• Proven experience leading, mentoring and developing actuarial professionals.
• Experience engaging with senior underwriting and executive stakeholders and influencing strategic business decisions.
• Good grasp of portfolio management, accumulation control and compliance as defined by the Group
• Strong commercial acumen with the ability to balance technical rigour and business objectives.
• Flexible and a self-motivator with appetite to face new challenges.
• Strong communication skills with ability to explain complex ideas to a variety of audiences

ABOUT US

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing.

• hybrid working
• competitive base salary
• pension contributions
• flexible benefits
• discretionary bonus
• insurances including health (family) cover
• many other benefits to enhance financial, physical, social and psychological health

About Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.