Assistant Actuarial Manager

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can ma

Sun Life Financial, Inc. - Hong Kong - Full time

Salary: Competitive

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

As part of the Group Reporting team, this role plays a key part in delivering high-quality actuarial valuation results under IFRS 17. The position focuses on Prophet ALS modelling and Time Value of Options and Guarantees (TVOG) calculations, supporting accurate, robust, and insightful financial reporting for the business.

The role acts as a core technical contributor within the valuation function, with responsibilities spanning model production, results analysis, process enhancement, and control strengthening. Beyond routine production, the role contributes actively to improving efficiency, transparency, and automation across the IFRS 17 valuation framework.

Job Responsibilities
  • Produce Prophet ALS model outputs and TVOG results on an IFRS 17 basis, including baseline and sensitivity runs, impact analysis, and quantification of assumption and model changes
  • Perform detailed analysis and review of valuation results, including movement analysis, and take ownership of the quality, integrity, and explainability of TVOG outcomes
  • Ensure robust end-to-end controls are embedded and executed effectively across the TVOG process to meet governance and audit standards
  • Act as a key technical liaison with Group Reporting stakeholders to assess and clearly articulate valuation impacts arising from model enhancements or methodological changes
  • Drive continuous improvement of the TVOG process by identifying and delivering enhancements in efficiency, scalability, automation, and analytical capability
  • Review and strengthen existing process controls, ensuring strong documentation, governance, and audit readiness
  • Provide support to broader IFRS 17 quarter-end valuation activities, including non-system liability calculations and other related processes
  • Contribute to wider valuation process improvements and automation initiatives across the actuarial function
  • Provide additional actuarial modelling support using AXIS where required, supporting valuation analysis or cross-platform modelling initiatives

Job Requirements
  • Bachelor degree in Actuarial Science or a related discipline
  • Good progress in actuarial examinations
  • At least 6 years of relevant experience in the life insurance industry, preferably within actuarial valuation or financial reporting (Candidates with slightly less experience may be considered for a senior analyst level)
  • Strong technical and analytical skills with excellent attention to detail and problem-solving capability
  • Hands-on experience with Prophet ALS actuarial modelling is essential; experience with AXIS is an advantage
  • Exposure to IFRS 17 valuation is required; experience with HKRBC, Hong Kong-specific par management, or related regulatory frameworks is an advantage
  • Experience or interest in process automation tools (e.g. Alteryx) is an advantage, with a strong willingness to learn new systems and technologies
  • Strong planning and time-management skills, with the ability to manage multiple priorities and deadlines
  • Able to work independently, take ownership of deliverables, and adapt quickly in a changing environment
  • Excellent written and spoken English and Chinese

We offer a 5-day work week, competitive remuneration, MPF, group life and medical insurance, and excellent career development opportunities within a regional actuarial and finance platform.

We are an equal opportunity employer and welcome applications from all qualified candidates. All applications and personal data collected will be treated in strict confidence and used for recruitment purposes only. Information will be retained for up to 24 months after completion of the recruitment process.

Job Category:
Actuarial

Posting End Date:
23/05/2026
23903354
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