Associate Director/ Senior Manager (Modeling Team), Actuarial

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves more than 38 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information, please visit www.fwd.com

For more information about FWD Hong Kong, please visit www.fwd.com.hk/.

Job Summary

Reporting to the Modeling team head, this role leads a small modeling sub‑team covering deterministic model and/or ALS model quarterly rollout. The position oversees the development and validation of FWD Prophet models, supports various Actuarial initiatives/projects, providing insights from modeling perspective as well as offering training and mentoring the junior staff.

The Job

As the modeling sub-team lead:

• Lead, coach and manage the team’s performance, development and morale to ensure team members achieve their goals according to the expected performance standards
• Manage the resources and ensure adequate resource allocation in work arrangement
• Support the hiring of good talent
• Oversee the development and validation of FWD HK Prophet model changes and ensure quality and on-time delivery of work
• Review result reasonableness of and internal consistency across various reporting bases
• Manage the expectations of key stakeholders by developing a communication process during the roll-out of the model changes
• Negotiate timelines, scope and priorities of incoming requests
• Set priorities for the team and oversee all deliverables including planning and managing the resources for delivering the Actuarial initiatives/projects

The Person

• 10-12 years of insurance experience in actuarial functions
• Fellowship or nearly fellowship member of an internationally recognized actuarial professional body
• Candidates with less experience may be considered as Senior Manager
• Strong understanding of various reporting bases (e.g. HKRBC, EC, EV, and IFRS)
• Hands on knowledge of Prophet modeling, including Prophet ALS is a must
• Strong Excel and analytical skills
• Strong team leadership and management skills
• Strong facilitation, negotiation and problem resolution skills
• Strong strategic thinking ability to prioritize and balance multiple tasks or projects
• Good communication and presentation skills
• Fluent in English speaking and written skills

Weoffer 5-day work, 20-22 days annual leaves, excellent learning & development opportunities and an attractive package to the right candidate.

Information collected will be treated in strict confidence and used solely for recruitment purpose.The company will retain all applications no longer than 24 months of which will be destroyed thereafter. When there are vacancies in any of our subsidiaries, holding companies, associated or affiliated companies of, or companies controlled by, or under common control with the Company during that period, we may transfer your application to them for consideration of employment. We are an equal opportunity employer. We do not discriminate on the basis of race, gender, disability or family status in employment process.