Job Purpose:
- Lead asset and liability management activities
- Lead the strategic asset allocation study and related implementation
- Support development of risk and investment strategies
- Optimize capital structure and solvency position
- Explore and execute capital initiatives
- Lead Participating (Par) portfolio management, including annual bonus declaration
- Lead Economic Capital and International Capital Standard reporting
- Lead economic assumption review
Responsibilities:
- Lead the quarterly Asset - Liability Committee (ALCO) and oversee all Asset - Liability Management (ALM) metrics to ensure sound balance sheet health and financial stability.
- Lead the annual Strategic Asset Allocation (SAA) study, collaborating with risk, investment, and finance teams to implement follow-up actions and track progress throughout the year.
- Support the risk team in reviewing risk standards and developing mitigation plans, providing actuarial insights and technical assessments as needed.
- Partner with the investment team to evaluate and support investment strategies, asset initiatives, and tactical portfolio decisions.
- Identify, assess, and execute capital optimization initiatives to enhance the company's capital efficiency and solvency position.
- Lead all Participating (Par) product management activities, including annual bonus studies, dividend policy reviews or updates, and handling any ad-hoc Par-related requests.
- Lead Economic Capital (EC) and International Capital Standard (ICS) reporting, including semi-annually EC reporting, annually ICS reporting, and related market and insurance risk recalibration.
- Lead economic assumption reviews, including long term investment assumption, UL / CADA crediting rates, ULP fund growth rate, investment expense, and etc.
- Support team members professional growth, providing coaching, guidance, and developmental opportunities.
Qualifications:
- Master's or Bachelor's degree in actuarial, engineering, statistics, mathematics, finance, or a related field.
- Fellowship of actuarial organizations, such as SOA, IFoA, and etc.
- 8-12 years of experience in insurance or financial service industry
- Strong background in capital management, risk management, regulatory reporting, solvency reporting, asset and liability management, and actuarial functions
- Experience in TH RBC, HKRBC, GIECA, IFRS17, and local regulations.
- In-depth knowledge of solvency / capital modeling, ALM, business plans, Par management, and etc.
- Proven leadership in managing capital team
- Strategic thinkings with the ability to align capital management and business objectives.
In accordance with recruitment policy and hiring standard of AIA (Thailand) Company Limited, after completing the selection process, you are required for criminal background check before joining the company. Your criminal record information will be retained according to the PDPA policy of the company. As per attached link [https://www.aia.co.th/th/about-aia/privacy/candidate]
