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2021-01-08 |
Managing Long-Term Product / Reinsurance Approvals from Home Office (Singapore/US)
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Managing long term product and reinsurance approval process with Marketing, Product, U/W and Home Office
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Communicating and providing responses to Home Office's requests and issues
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Reviewing assumptions including L/R, expense rate and lapse rate
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Preparing referrals including profit testing result
Long-Term US GAAP Reserve Valuation including LDTI (Long Duration Targeted Improvement) Implementation
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Understanding US GAAP and LDTI reserving methodology
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Defining LDTI data input and output requirements
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Best estimate assumptions including L/R, expense rate and lapse rate update
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AFM Model update and US GAAP Reserve report
Quarterly L/R review, if necessary, provide actuarial opinions to improve L/R
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Estimating Reserve Review and Plan L/R
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Monitor L/R trend using regular monitoring reports
Qualifications:
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More than 6 years of Long Term Product and Actuarial Pricing or Reserving experience
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Long Term US GAAP Reserve Valuation experience preferred
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Actuarial Modelling (AFM, Prophet, etc.) experience preferred
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Fluent English to communicate with Home Office
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