Manager, Corporate Actuarial

Fixed term contract (6 - 12 months)

The DBS CA team is responsible for regular actuarial and capital reporting to senior management, Boards and for regulatory submissions. Our DBS CA function comprises of 5 integrated teams: Capital Management and Reporting, Global Valuation Team, Actuarial Systems & Projects and Actuarial Analytics & Insights (Protection & Savings and Retirement).

This role will report into the Projects team and will be focussed around the back-office transformation project, Unify. You will be responsible for the transformation underway to move our ‘Analysis of Change’ into the new data warehouse and the accompanying internal reports. This involves understanding how data flows from our valuation model through to how we access data from the Power BI end tooling. Understanding of the AoC, data flows is essential to this role. You will also support with embedding changes delivered through the Unify program. This cross-functional role requires collaboration with a wide variety of stakeholders, across all lines of business and regions, as well as the wider CA function. In addition, you will help support a positive working culture and a high performing team.

Role Responsibilities

• SME across ‘Reporting and Analysis’ for our back-office transformation project, ‘Unify’.
• Working with individuals in BAU who work on the Analysis of Change (AoC) today, and accompanying internal reporting spreadsheets, to lead on the Project workstream responsible for moving the AoC to the data warehouse, changing to a Power BI dashboard and end-to-end automation.
• Design, build, and maintain interactive Power BI reports and executive dashboards for CA actuarial quarterly annual and day to day activities.
• Connect to multiple data sources (SQL, Snowflake, Excel) and use Power BI to aggregate and analyse vast datasets.
• Transition manual spreadsheet (Excel) processes into automated Power BI pipelines.
• Clean, validate, and manipulate significant datasets using SQL, Python, or R.
• Perform quality assurance and data validation checks to ensure the accuracy and consistency of actuarial reports.
• Getting involved in understanding data flows, reporting, analytics and controls such that reports currently built in the “as-is” world can continue to be built in the “to-be” world of data warehouse.
• Effectively managing stakeholders at various levels across Pacific Life Re including senior management, local CA teams and other functional teams across the back-office.
• This is to include feeding into regular communication of progress and challenges.
• Strong technical knowledge of reporting, including a sound understanding across multiple reporting bases including USGAAP (LDTI), IFRS 17 and other local bases.
• Facilitating the effective and efficient delivery of change, working to identify, communicate and manage the change aspects of a project pertaining to systems (e.g. working closely with AST and Divisional Finance), processes/controls and people.
• This includes an effective transition to BAU, engaging with the relevant Change focussed individuals (e.g. Project Unify) to ensure alignment to the back-office vision.
• Demonstrate an understanding of end-to-end processes and data across our back-office.
• Helping embed and improve the global control framework for reporting.

Skills & Experience

• Qualified actuary with minimum of 3 years’ experience in life insurance or life reinsurance, preferably life reinsurance.
• Track record of challenging / improving processes and fostering a culture of continuous improvement.
• Awareness of BPA transactions and processes.
• Experience with actuarial modelling software (Tyche preferable) and proficient with Microsoft Excel and Power BI.
• Experience of design, build, and maintaining interactive Power BI reports and integrating data from systems.
• Experience supporting with change and the introduction of new processes, controls and systems.
• Experience of meeting regulatory, audit and risk requirements in the design and implementation of new processes.
• Transformational mindset: applicants must be able to demonstrate a transformational mindset to ensure processes are efficient, scalable and future proof.
• Experience / understanding across multiple regions, reporting bases and Lines of Business, in particular BMA and US GAAP reporting, and Analysis of Change and analytical spreadsheets.
• Experience / understanding of Pricing and/or Operations processes desirable but not essential.

Competencies and Behaviours

• Ability to work on own initiative and proactively manage a varied and demanding workload, ensuring tasks are completed efficiently.
• Effective communication skills, both verbal and written.
• Proven focus on quality, ensuring deliverables are accurate and fit for purpose.
• Proven ability to work with other functions, developing and maintaining working relationships.
• Ability to understand and apply new concepts quickly, showing initiative, flexibility, and resourcefulness.
• Adaptability to change and evolving environments.
• Pragmatic, able to balance accuracy with effort.
• Willingness to challenge the status quo.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

• 25 days of annual leave with option to buy/sell more days.
• Adoption and fertility leave.
• Generous enhanced parental leave.
• Comprehensive private insurance coverage for employee and dependents.
• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary.
• Optical benefits.
• 15% combined employee/employer contributions.
• Subsidised gym membership.
• Access to Employee Assistance Program.
• Cycle to Work and Electric Car Salary Sacrifice Scheme.
• Time off for volunteering.
• Charitable matching of employee donations.

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure suitable adjustments are made, where possible.