Actuarial Specialist
Sun Life
Date: 3 days ago
City: Taguig
Contract type: Full time
You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Job Description
The Actuarial Specialist for Model Excellence is responsible for supporting the IFRS17 model maintenance process and reviews of actuarial models and product pricing, as well as supporting initiatives related to models.
Responsibilities
IFRS17 Model Maintenance
Actuarial
Posting End Date:
30/12/2025
Job Description:
Job Description
The Actuarial Specialist for Model Excellence is responsible for supporting the IFRS17 model maintenance process and reviews of actuarial models and product pricing, as well as supporting initiatives related to models.
Responsibilities
IFRS17 Model Maintenance
- Prepare model specifications for model changes such as assumption updates, new product setup, and other enhancements to the IFRS17 valuation models
- Liaise with the Shared Actuarial Operations (SAO) team regarding any IFRS17 model-related concerns
- Checks control documentations if they align with the test plan for intended model changes
- Collaborate with cross-functional teams to support implementation of new requirements and model updates
- Conduct reviews and validations of models and calculators owned by Actuarial in accordance with guidelines on Model and Calculator Risk Policy
- Prepare reports and recommendations based on review findings
- Peer review product initiatives under the simplified track (File and Use) by validating pricing models and analyzing profitability results.
- Provide support in identifying opportunities for automating manual processes to improve efficiency and reduce errors
- Support other areas in Valuation in terms of modelling
- University degree with a strong mathematical or statistical background
- With at least 3 SOA exams and 3 VEE passed
- At least 4 years of Actuarial-related experience
- Strong knowledge and experience in handling Actuarial modeling software, preferably AXIS
- Strong proficiency in MS Office applications
Actuarial
Posting End Date:
30/12/2025
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