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Senior Manager â€“ Capital Planning and Strategy
AIA Australia The opportunity: To provide effective management of the Capital Planning and Strategy Team. The Senior Manager Capital Planning and Strategy role works closely with the Senior Manager Capital Reporting and Analysis role to provide key leadership in the delivery of all of the responsibilities of the Capital team, including initiating, implementing and supporting capital management initiatives to support the capital position of the company, in line with the ICAAP and the Capital management Framework. To do this successfully you will: To provide effective management of the Capital Planning and Strategy team in all areas of actuarial activity (80%) including: Driving identification and implementation of strategies to optimise capital across the company.
This includes the assessment of capital impacts relating to strategic initiatives, pricing and reinsurance changes. Preparation of ICAAP reporting, capital forecasting, annual budget and strategic planning. Technical input and review of capital methodologies and assumptions, and implications of changes in regulatory standards.
Performing other responsibilities and duties periodically assigned by supervisor to meet reasonable operational and/or other requirements Preparation of ICAAP reporting, capital forecasting, annual budget and strategic planning. Technical input and review of capital methodologies and assumptions, and implications of changes in regulatory standards. Performing other responsibilities and duties periodically assigned by supervisor to meet reasonable operational and/or other requirements In addition, provide actuarial support to the broader business (10%) including adding value to the business through: communication of financial results and promotion of actuarial concepts across the business; providing strategic advice on the financial performance of the organisation and identifying opportunities for improvement.
Provide leadership and professional guidance to the actuarial staff (10%) through contributions to the Actuarial Professional Family, including ensuring the continual development as a high performing professional team. Successful applications will demonstrate: Qualified actuary preferably with at least 7 years post qualification practical actuarial valuation experience in a business environment. Strong experience in capital management.
Deep knowledge of the Australian life insurance, life prudential standards, tax and legislation, in particular pertaining the capital. Detailed knowledge of regulatory and professional actuarial standards. Detailed knowledge of actuarial processes such as valuation, pricing and experience investigations.
Excellent written, oral communication and presentation skills. Considerable experience in successfully developing, mentoring and managing a team of people. Proven project management skills.
Very strong analytical skills and attention to detail. Closing date: 26 August 2021..