Manager - Statutory & Transversal

atKrungthai-AXA Life Insurance Co., Ltd.


Job Description:

Valuation & Financial Reporting Prepare and deliver monthly actuarial reporting inputs for management dashboards within agreed timelines, ensuring accuracy, completeness, and insightful commentary. Reporting includes Statutory Reserves, Statutory Earnings, and other key actuarial metrics. Produce and submit regulatory returns in a timely and accurate manner, covering monthly, quarterly, semi-annual, and annual reporting requirements related to reserves, business statistics, and other regulatory information. Support statutory audits by providing actuarial data, analyses, and documentation required by external auditors. Collaborate with the Risk function in completing Quantitative Impact Surveys (QIS) and other regulatory exercises requested by local authorities. Provide actuarial inputs to Finance to support profit and loss reporting at product level. Strategic Planning & Forecasting Produce Statutory valuation and reporting inputs as part of the Strategic Plan process, ensuring delivery in line with agreed timelines. Perform projection analyses and ensure assumptions, methodologies, and results are robust, accurate, and clearly explainable to stakeholders. Prepare and maintain Strategic Plan models, spreadsheets, and Finance reporting packs. Deliver Statutory earnings forecasts and business projections to support management decision-making. Conduct scenario and sensitivity testing to assess the impact of key business and economic assumptions on earnings and capital positions. Prophet Model Development & Governance Maintain and monitor the Prophet valuation system to ensure effective performance and reliability for Statutory and Risk-Based Capital (RBC) reporting. Ensure valuation models, methodologies, and processes are appropriately documented and governed. Propose and implement model enhancements through the Local Model Committee governance framework. Support the onboarding, training, and development of team members in running and maintaining Prophet models. Assumptions Management & Review Implement annual assumption and expense/unit cost reviews within Statutory and RBC reporting frameworks. Perform impact assessments of proposed assumption changes and provide clear recommendations before approval. Ensure all assumption and parameter updates are independently reviewed, validated, and properly documented in accordance with governance requirements. Support ongoing monitoring of experience and emerging trends to identify potential assumption updates and business implications.

Qualifications:

Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics Minimum 4 years of actuarial experience within the life insurance industry, with significant exposure to Statutory Valuation, Financial Reporting, and Capital Management. Understanding of local regulatory requirements and accounting frameworks, including statutory reporting and IFRS 17 Proven experience managing actuarial reporting processes, regulatory submissions, and audit requirements. Experience in Risk-Based Capital (RBC) reporting and regulatory frameworks. Strong working knowledge of Prophet and Microsoft Excel Good written and verbal communication skills in English Strong analytical and problem-solving skills with attention to detail Strong stakeholder management and cross-functional collaboration skills About Krungthai-AXA Life Insurance Krungthai-AXA Life Insurance Public Company Limited, created from a solid co-investment partnership between Krungthai Bank PCL. and the AXA Group, global financial protection and asset-management specialists. The trademark of Krungthai-AXA Life Insurance is designed to indicate the combination of the two corporations. Krung Thai Bank PCL. and AXA Group logos are aligned with Thai characters displaying the company name as Krungthai-AXA Life Insurance placed above the red line and the new company signature. Redefining/Life Insurance. Today Krungthai-AXA Life Insurance Public Company Limited is a fast-growing life insurance company with a vision - Ambition AXA. Our Perks and benefits Employee and Family Health Insurance Benefits Life and Accident Insurance Benefits Hybrid Working and Flexible Working Hours Annual Leave & Birthday Leave Salary Increment & Bonus Digital Learning - Self Learning Organization Annual Health Check up Provident Fund

Experience required
  • 4 years
Career level
  • Senior Level
Skills optional
  • Financial Reporting
  • Accounting
  • English (Fair)
Salary
  • Negotiable
Job function
  • Teaching / Training
Job type
  • Full-time

Company overview

Size:2000-5000 employees
Industry:Insurance
Location:Bangkok
Website:www.krungthai-axa.co.th
Founded in:1997
Ranking:4.5/5

At Krungthai-AXA Life, we stand at the forefront of innovation and excellence in the life insurance sector. Our journey is marked by prestigious recognitions, including the Prime Minister Insurance Award for Best Business Development in the Life Insurance Company (2007), the Best Company Awardใ A ... Read more

Why join us: We are redefining standards in the insurance industry and we are able to achieve this through a dedicated professional workforce. We have a vision of how financial protection and wealth management should be done. We are able to realise this vision with empowered people who are focused on customer se ... Read more

Job location: Huai Khwang
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Benefits

  • Dental Insurance
  • Five-day work week
  • Health Insurance
  • Performance bonus
  • Overtime pay
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