AXA Asia Life Job Description

Business Units/Function: Regional Actuarial – Life, Shared Service

JOB TITLE: Manager

REPORTING TO Head of Pricing & Valuation (Life)

(ROLE):
KEY The key accountabilities of this role are to:
ACCOUNTABILITIES:
 Providing technical expertise to local entities in the region and
ensure high quality and timely delivery of projects
 Maintain a detailed level of technical expertise on pricing, valuation
and other actuarial related matter of specific Asian countries in order
to provide guidance and advice to local entities
 Maintain a constructive relationship with stakeholders in local
entities, regional office and AXA Group
 Steer the Group reporting processes to be in line with Group
requirements, and ensure alignments of actuarial processes to
region-wide standards and policies by adopting the actuarial control
cycle framework when applicable
 Help the developing local entities to build up their capacity, by
providing guidance, training and resource support
 Manage the actuarial process to ensure adequate controls are put in
place
 Manage the resources, priorities and schedule of the team with a
breakeven objective of the team’s P&L


KEY The key responsibilities of this role include:
RESPONSIBILITIES:
1. Valuation and Analysis
 Understand gaps and needs of local entities by directly interacting
with entity Chief Actuaries and Chief Financial Officers
 Provide valuation production and review support for some entities,
with high quality and timely results
 Provide insightful and meaningful analysis on the valuation results to
help top management to understand the results and to support
senior-level decision making
 Provide expertise view to local valuation processes and advise on
improvements and enhancement actions, including the use of
robotics
 Build knowledge in the central Asia hub and at the same time
enhance local team capabilities in order to establish an actuarial
community across the region
 Drive and communicate source of earning analysis to provide
management a view on the margin movement, trend and advise
actions needed
 Perform reserve review for entities as needed, as part of the internal
finance control and peer review program

2. Value Reporting and Inforce Management

 Perform Value Reporting functions to ensure delivery of high quality
reporting and actuarial KPIs for management decision processes
 Manage the Value strategic planning and forecasting processes via
supervising the work of the team
 Drive the inforce management functions in the Region for the

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 Finance Family, focusing mainly on KPI/metrics tracking, persistency
and retention management, evaluate potential profit pools from
action items, and ensure execution of action plans to deliver value
accelerators

3. Product Pricing
 Liaise with entities to understand the pricing support requirements
 Provide pricing supported and ensure delivery of high quality review
as per entities requirements.
 Develop pricing expertise in the central Asia hub and at the same
time enhance local team capabilities.

4. Strategic planning support

 Lead discussions with local entities to ensure all entities can deliver
the strategic plans through production of key financial metrics and
projections
 Drive the business towards the achievement of regional
performance targets through the delivery of clearly defined and
understood strategic plans, provision of timely and accurate
management and performance reporting, insightful analysis of
results and leveraging of forecasts to provide a forward looking view
of performance

5. Provide high quality, timely consistent, standardized services to local

entities and AXA Group office:
 Lead the delivery of financial results at a consolidated regional level,
and take ownership for clearance of such financial results with
Regional management and Group counterparts
 Work closely with finance teams to ensure all management and
performance results reporting consistent with financial reporting
 Ensure the development of consistent and effective Key
Performance Indicators (KPIs) and other measures for continuous
assessment and comparison across all countries
 Ensure the provision of quality and timeliness of work products upon
requests to ensure entities’ needs are met
 Maintain good working relationships with Chief Actuaries and CFOs
on business needs

6. Manage the P&L of the team:

 Recommend priorities, schedules and resources needed to conduct
analyses in order to meet end users’ delivery requirements
 Estimate efforts on projects and analyses, skill levels required, and
recommend turnaround times considering end users’ delivery
requirements
 Recommend priorities for consideration when necessary.
 Review, understand, monitor and project demands from local entities
for actuarial resourcing
 Agree priorities with local entities
 Manage the revenue and expenses of the team’s operation and
achieve a break-even objective

KEY CUSTOMERS: Internal:

 Local entities actuarial teams
 Local entity CFOs
 Regional senior management
 Group functional departments
External:

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  Auditors
 External consultants

EXPERIENCE, Experience/Qualifications:
QUALIFICIATIONS:
 For Manager level, 7+ years of actuarial experience with at least 1
year of managerial
 Associate or Fellow of a recognized actuarial institute (SOA, IFOA,
etc.). Fellow preferred but any experienced individual being an
Associate member status will also be considered
 Solid experience of actuarial valuation basis, pricing, process and
production. Understanding of capital management, profit and value
measure
 Asian regional experience desirable
 Able to work independently and under pressure
 Good interpersonal and communication skills
 Excellent English verbal and written communication skills required

WORKING LOCATION: Malaysia