Senior Expert, Capital Management - TechcomLife

Job Title: Senior Expert, Capital Management
Function: Actuarial
Division: Finance
JOB PURPOSE
To ensure effective capital management for a life insurance company through planning, monitoring, optimizing, and allocating capital in alignment with regulatory requirements (e.g., RBC, IFRS 17) and business strategy, thereby supporting sustainable growth and maximizing capital efficiency.
KEY ACCOUNTABILITIES
Key Accountabilities (1)
1. Capital Management & Solvency Oversight
- Develop and implement short-, medium-, and long-term capital plans aligned with business strategy.
- Monitor and analyze capital adequacy metrics (e.g., RBC ratio, solvency ratio) to ensure regulatory compliance.
- Perform capital forecasting based on business plans and market scenarios.
- Propose optimization strategies for capital structure to enhance capital efficiency.
- Collaborate with Actuarial, Risk, and Finance teams to evaluate capital impact of products and strategic initiatives.
Key Accountabilities (2)
2. Capital Planning & Optimization
- Assess capital requirements across product lines, distribution channels, and growth initiatives.
- Support development of capital allocation strategy based on risk-return profiles.
- Recommend capital optimization solutions, including reinsurance, asset strategy, or product design adjustments.
- Conduct stress testing and scenario analysis under various market and business conditions.
- Contribute to development and enhancement of capital management policies and risk appetite frameworks.
Key Accountabilities (3)
3. Reporting & Regulatory Compliance
Prepare regular and ad-hoc reports on capital position, solvency, and capital efficiency.
- Ensure compliance with regulatory frameworks and accounting standards (e.g., IFRS 17, RBC).
- Liaise with regulators, auditors, and external stakeholders on capital-related matters.
- Develop dashboards and tools to monitor capital metrics and support decision-making.