We are seeking a motivated and detail-oriented professional to join our actuarial team in Hangzhou, China. This role focuses on actuarial valuation work with a strong emphasis on IFRS 17 implementation and reporting. The successful candidate will collaborate closely with cross-functional teams to ensure timely and accurate valuations of insurance liabilities, while supporting the ongoing development and optimisation of actuarial models under IFRS 17 standards.
The role demands 3-8 years' experience in actuarial science, with a solid understanding of life insurance and financial reporting standards. Experience with valuation processes, particularly in the context of international accounting frameworks, is essential. The ideal candidate will have hands-on experience with IFRS 17, including measurement models, contract grouping, risk adjustment, and coverage units calculations. A familiarity with model development, assumption setting, and liability projections, as well as an understanding of local regulatory frameworks, is highly desirable.
Key responsibilities include performing periodic valuations under IFRS 17, contributing to the preparation of financial reports and disclosures, and supporting the actuarial function during audits and regulatory reviews. The candidate will also assist in model validation, data analysis, and sensitivity testing. A strong analytical mindset and the ability to translate complex actuarial issues into clear insights for stakeholders are critical.
Candidates should hold or be working towards a recognised actuarial qualification and demonstrate proficiency in actuarial software such as Prophet or similar tools. Familiarity with data management and programming languages such as SQL, Python, or R is an asset. Excellent communication skills, both written and verbal, are required, along with a proactive attitude and the ability to manage multiple tasks effectively in a dynamic environment.
This is an excellent opportunity for individuals looking to advance their actuarial career in a globally aligned setting, with the chance to play a key role in IFRS 17 implementation and ongoing valuation processes. Competitive compensation is offered, with additional opportunities for professional development and career advancement. Please note that the salary for this role is currently listed as £0 per year.
