About FWD Group
FWD Group is a pan-Asian life and health insurance business that serves approximately 30 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 Stock Exchange of Hong Kong Limited under the stock code 1828.
For more information, please visit www.fwd.com
About FWD Life Philippines
FWD Life Insurance Corporation (FWD Life Philippines) launched its commercial operations in September 2014. As of end-2022, FWD Life Philippines ranks 3rd and 6th in terms of Paid-up Capital(1) and New Business Annual Premium Equivalent(2), respectively.
For more information, please visit fwd.com.ph.
1 www.insurance.gov.ph > Statistics > Life > 2022 > Based on Paid-Up Capital
2 www.insurance.gov.ph > Statistics > Life > 2022 > Based on New Business Annual Premium Equivalent
The Actuarial Specialist for Valuation performs the valuation processes and related to the internal IFRS reporting requirements to for FWD Philippines, including Corporate Care (Group insurance) valuation. The role also requires performing the relevant analysis on reserve movements and financial reports. This includes establishing controls and documentation on the valuation and reporting process, as well as completing the various reports required by Group Office. As needed, the role requires helping the Head of Valuation in completing team tasks/deliverables as part of regular reporting thru ad hoc tasks.Key Responsibilities:
1. Perform IFRS and Corporate Care valuation in accordance with established processes and FWD guidelines, including the relevant analysis of results and performing valuation controls.
2. Perform regular tasks related to forecasting, business planning, and liability adequacy testing, including the submission of relevant inputs and reports as required by Group Office Actuarial.
3. Continuously improve valuation process by streamlining manual processes, DCS automation, etc.
4. Other special projects and ad hoc tasks that may be assigned from time-to-time (e.g., non-regular forecasting, experience studies, development/implementation of actuarial models for new products, implement assumption changes)
Knowledge and Skills:
Graduate of Mathematics, Statistics, Actuarial Science, or similar courses
Near Associate or Associate of the Actuarial Society of the Philippines (AASP)
At least three years actuarial experience, preferably in valuation
Has preferably worked in a multinational insurance company, with experience in using Prophet for actuarial calculations and modelling
Privacy Notice
Your privacy is a priority for FWD. The Company keeps your personal information with us in confidence. To know more about how we process your information, kindly refer to our FWD Recruitment Privacy Notice.
FWD has partnered with Talocity Instasolutions Private Limited (“Talocity”) to manage the initial filtering of candidate’s profiles through video interviews, social profile mapping, and video analytics using artificial intelligence engine that is offered within the Talocity platform. The platform evaluates the candidate on the five well-known dimensions as per OCEAN Personality Model that influence occupational success and help understand workplace behavior. For more information, please refer to Talocity Privacy Policy.
When you apply, FWD will share your name, phone number and email address to Talocity to contact you and conduct the initial screening and profiling process. Shortlisted candidates will then be contacted by FWD for the face-to-face interview.
