Valuation Actuary

COMEX:  

Division:

SGLAP

Department:

SGL Korea

Location / HUB:

Seoul / Singapore

Reports to: N+1:  

N+2: Dong Hyun RHO

Double reporting line: (if any)

People management responsibility:     Yes / No

Job Summary

Valuation Actuary

Key duties and responsibilities

Valuation

· Support actuarial valuation reports and documentation under IFRS directive

· Support quarterly and annual report at a Group level in order to ensure compliance of local policies and procedure.

· Supports the development of the relevant models and studies so as to develop the actuarial assumptions, in accordance to current and near-future market conditions and development, in order to customize and adjust complex actuarial models with the intention of generating accurate projection of cash flow.

· Performs the application of standard policies and guidelines to actuarial processes in order to calculate risks and indicate risk mitigation measures.

· Responsible for recommending and suggesting improvements and adjustments in the implementation of a process or procedure in order to optimize efficiency and minimize risks.

· Control the actuarial input for the annual forecasting with respect to potential risks and their potential effects on company profitability.

· Lead and support Korea IFRS work

· Work with regional team on IFRS project

Research Support

· Handling client information requests

· Managing information flow internally and externally

Supporting punctual data collection

Any work required.

Member of the following committees: e.g. Audit committee, Investment Committee etc.

Required experience & competencies

Experience:

· Minimum 10 years of industry experience.

Personal Competences:

Essential:

· Excellent verbal and written communication skills in Korean.

Desirable:

· Solid analytical skills with strong problem-solving ability.

· Must be able to work effectively independently and as part of a team.

Managerial competences (if applicable):

N/A

Required Education

Bachelor’s Degree in Business, Mathematics, Statistics, Finance or Accounting or equivalent combination of education and experience.

Required languages

Level

Levels

Oral

Written

0. No proficiency in this language required.

1. Has enough vocabulary for simple conversations. Understands simple text and notes. Participation in a meeting is not yet possible.

2. Can attend but not participate in team meetings and engage in simple, short telephone conversations. Can write short memos and simple messages.

3. Can take part in discussions on familiar subjects in meetings. Can write memos, simple letters and reports.

4. Can actively participate in meetings and group conversations. Can lead negotiations. Writes complex business letters and reports.

5. Can lead discussions and negotiations at the highest level. Writes complex reports. Rarely makes grammatical mistakes.

French

0

0

English

4

4

German

0

0

Italian

0

0

Spanish

0

0

Mandarin

0

0