The Role
ROLE PURPOSE
To provide independent review and validation of actuarial assumptions, IFRS 17 and SAM basis setting, Prophet and ResQ model development for both IFRS 17 and SAM and other ad-hoc activities across the first-line Balance Sheet Management functions.
Responsibilities, work outputs and individual contribution
1. Assumption and Model Reviews
Prepare assumption review and model development review workplansReview actuarial assumptions (e.g., Lapses, Mortality, Expenses etc.) used in long contract boundary modelsReview and pressure test contract boundary assumptions across both IFRS 17 and SAM. 2. Modelling and Validation
Review and validate gross and financial reinsurance Prophet modelling and associated output (existing and new models) on a SAM and IFRS 17 basis, including ORSA projectionsReview IBNR triangulation 3....