Deputy Manager – Shareholder Reporting

A leading life insurance company is seeking a highly analytical Deputy Manager – Shareholder Reporting and Business Planning for its corporate office. In this technical role, you will develop and enhance complex actuarial models, including Prophet and DCS. Furthermore, you will perform comprehensive analysis to compare model results against pricing expectations across various scenarios. Consequently, this position is vital for maintaining the accuracy and robustness of the company’s financial reporting and strategic planning.

The Deputy Manager must build a strong understanding of cashflows and decrements for diverse life insurance products. Additionally, you will implement appropriate model governance frameworks and explore automation opportunities to improve departmental efficiency. Therefore, the company is looking for a professional with 3 to 5 years of experience in actuarial modelling or reporting. If you have strong coding expertise and a collaborative mindset, this role offers a significant opportunity to grow within a top-tier private insurer.

Key Responsibilities

• Develop and enhance sophisticated actuarial models using systems such as Prophet and DCS.
• Perform comprehensive analysis and comparison of model results against pricing models under multiple scenarios.
• Document all changes made to actuarial models in a structured manner to ensure audit readiness.
• Build and maintain a deep understanding of life insurance product cashflows and decrements.
• Review and validate model changes to ensure the accuracy and robustness of all outputs.
• Implement and maintain appropriate model governance frameworks and effective change controls.
• Identify and implement automation opportunities to improve overall modelling efficiency.
• Liaise with the IT department to manage hardware and software requirements and ensure seamless support.
• Provide training and mentoring to junior team members to build technical and actuarial skills.
• Ensure the timely delivery of high-quality actuarial outputs with minimal rework required.

Requirements and Qualifications

Education and Experience

• Graduation or post-graduation in any quantitative subject is required.
• A minimum of 3 to 5 years of experience in modelling, reporting, or valuation within life insurance.
• Proven exposure to actuarial modelling for life insurance using Prophet and/or DCS.
• Experience with IFRS 17 modelling and Prophet libraries is highly preferred.

Technical Skills and Competencies

• Strong coding expertise and knowledge of popular programming languages.
• Proficiency in Excel and VBA with a strong focus on automation concepts.
• Solid understanding of actuarial concepts, specifically life insurance products and decrements.
• Ability to work with IT teams on modelling systems and hardware infrastructure.
• High attention to detail combined with structured and analytical thinking.
• Excellent communication and stakeholder management skills to work across functions.

What the Company Looks For

• A strategic thinker who embodies core values like being honest, helpful, and thinking new.
• A proactive professional who takes a strong sense of ownership over technical deliverables.
• A collaborative team player with a positive attitude and strong team-building skills.

If you are an actuarial modelling expert ready to drive reporting excellence for a premier life insurance organization, we encourage you to apply today!