Manager, Actuarial (IFRS17) Welcome Big4 candidate

Bowtie Life Insurance

  • Wan Chai District, Hong Kong
  • Permanent
  • Full-time
  • 1 month ago
Role SummaryBowtie’s mission is to make insurance good again and our vision is to build a category-defining health insurance company.We are seeking an experienced Actuarial Manager to lead and support the implementation and optimization of IFRS 17 across the organization. The successful candidate will play a key role in designing, testing, and deploying actuarial models, processes, and reporting frameworks to ensure compliance with the latest accounting standards. This role requires strong technical actuarial expertise, project management skills, and the ability to collaborate with finance, IT, and business stakeholders.Your Key Responsibilities Include: * IFRS 17 Project Leadership:
  • Lead the end-to-end implementation of IFRS 17, including technical analysis, solution design, and execution.
  • Coordinate with cross-functional teams (actuarial, finance, IT, and auditors) to ensure alignment with regulatory requirements.
  • Develop and maintain project plans, timelines, and risk mitigation strategies.
  • Actuarial Modeling & Methodology:
  • Review and enhance actuarial models (reserving, valuation, and forecasting) to comply with IFRS 17 requirements (CSM, PAA, GMM).
  • Validate data inputs, assumptions, and calculation methodologies.
  • Ensure accuracy and consistency in calculating insurance contract liabilities.
  • Process & System Enhancements:
  • Work with IT and data teams to implement actuarial software (e.g., Prophet, AXIS, or other IFRS 17-compliant tools).
  • Automate and streamline reporting processes for IFRS 17 disclosures (quantitative and qualitative).
  • Support testing (UAT) and troubleshooting of actuarial systems.
  • Stakeholder Management & Reporting:
  • Prepare and present IFRS 17 results to senior management, auditors, and regulators.
  • Train and mentor junior actuarial staff on the principles and impacts of IFRS 17.
  • Collaborate with finance teams to align IFRS 17 reporting with group accounting policies.
  • Compliance & Governance:
  • Ensure adherence to IFRS 17 timelines and regulatory deadlines.
  • Document controls, assumptions, and methodologies for audit purposes.
  • Monitor industry developments and best practices related to IFRS 17.
About you
  • Education: Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Finance, or related field.
  • Certifications: Near- or fully qualified actuary (FSA, ASA, or equivalent).
  • Experience:
  • 7+ years of actuarial experience, with at least 3 years in life or P&C insurance (preferably in reserving, valuation, or financial reporting).
  • Proven track record in IFRS 17 implementation (or IFRS 4/US GAAP transitions).
  • Strong knowledge of actuarial modeling software (e.g., Prophet, AXIS, Alteryx, or R/Python).
  • Experience with data governance, ETL processes, and ERP systems (e.g., SAP, Oracle).
  • Skills:
  • Excellent project management and stakeholder engagement abilities.
  • Strong analytical, problem-solving, and communication skills.
  • Ability to translate complex actuarial concepts for non-technical audiences.
And, the following qualifications are preferred but not essential
  • Previous experience in a Big 4 consultancy or large insurer working on IFRS 17 projects.
  • Knowledge of Solvency II, LDTI, HKRBC or other regulatory frameworks.
We OfferApart from a great career path and an opportunity to do good and do well, we also offer:
  • Competitive package
  • Flexible work arrangement
  • Benefits include medical/ dental coverage and wellness programs
  • Employee discounts
  • Fun, co-operative, and flexible startup culture
  • Weekly sharing sessions and regular social gatherings
  • Excellent learning opportunities with Professional Development Sponsorship
About BowtieWe are the first licensed virtual insurer (虛擬保險公司) in Hong Kong.We believe that insurance is fundamentally good, and we are here to bring the good back through our passionate, innovative, and customer-centric team.By combining our deep domain expertise and our own proprietary modern technology, we are building one of the most iconic, category-defining health insurance companies in Asia.We take pride in moving fast all the time and our in moving ahead in the game. Our digital insurance platform is also in Sia Partners' 2023 report.As we grow, we're always looking for highly dynamic, hands-on, and passionate talent to join our team. If you are looking for a rewarding career where you will grow together with strong talents from different backgrounds and build products and services that bring a positive impact on the lives of millions of people in Hong Kong / Asia, apply to our opening today!Information collected will be treated in strict confidence and used solely for recruitment purposes.The company will retain all applications no longer than 24 months of which will be destroyed thereafter.We are an equal-opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.Our purpose is simple - we are here to bring back the good of insurance: protecting people and their families.By combining our deep domain expertise and our modern proprietary technology, we strive to provide better insurance products and world-class insurance experience to the public.In the past 4+ years, we have been providing a wide range of medical coverage to the Hong Kong public. Our sum assured has exceeded US$5 Billion.‍Let's continue to deliver a better insurance experience for all.Let's Make Insurance Good Again.

Bowtie Life Insurance