Head of Actuary

As Head of Actuary in BGC, Taguig, you will lead actuarial valuation, IFRS 17 compliance, financial modelling, and experience studies for a prominent life insurance provider. Partnering with senior leaders, you will drive profitability, capital efficiency, and regulatory compliance while overseeing actuarial governance, mentoring the team, and advancing automation and modelling initiatives to support sustainable business growth.

HEAD OF ACTUARY

Salary: Competitive and based on experience

Location: BGC, Taguig

Keywords: actuarial leadership, life insurance, strategic direction, financial reporting, capital management, product development, risk analysis, regulatory compliance, actuarial governance, team development

A leading life insurance organisation in the Philippines is seeking a highly accomplished Head of Actuary to provide strategic direction and oversight for its actuarial function. This pivotal role offers you the opportunity to shape the future of actuarial practice within a dynamic, growth-oriented business, collaborating closely with senior executives and cross-functional teams. You will be responsible for driving actuarial valuation, financial reporting, capital management, product development support, and risk analysis, ensuring compliance with regulatory and financial standards. As a key member of the leadership team, your expertise will directly influence profitability, sustainable growth, capital efficiency, and long-term business performance. The organisation values flexibility, professional development, and technical excellence, offering an environment where your skills can flourish and your contributions are recognised. If you are passionate about advancing actuarial methodologies and fostering a collaborative culture while mentoring talented professionals, this is your chance to make a lasting impact.

• You will lead the actuarial function across all business areas, providing strategic guidance on profitability, solvency, risk management, and financial sustainability to executive leadership.
• You will have the opportunity to build and mentor a high-performing actuarial team, promoting technical excellence and professional development while driving continuous improvement in processes and models.
• You will collaborate with Finance, Risk, Product, Investments, and other business leaders to deliver actionable insights that support sustainable growth and capital efficiency in a supportive workplace environment.

What You'll Do

As Head of Actuary based in BGC Taguig for a prominent life insurance provider in the Philippines, you will play an integral role in shaping the organisation’s approach to risk assessment and financial sustainability. Your day-to-day responsibilities will involve overseeing complex valuation processes while ensuring compliance with evolving regulatory requirements such as IFRS 17. You will work closely with senior executives across Finance, Risk Management, Product Development and Investments to deliver actionable insights that drive profitability and capital efficiency. By directing experience studies on mortality rates or expense analyses you’ll inform critical business decisions while maintaining robust governance frameworks. Your leadership will extend beyond technical oversight—mentoring a talented team of actuaries to achieve professional excellence while fostering collaboration across departments. Success in this role requires balancing strategic priorities with hands-on execution; you’ll be expected to manage multiple stakeholders simultaneously while driving innovation through automation projects or advanced modelling techniques. Ultimately your contributions will help position the organisation for sustainable growth within an ever-changing insurance landscape.

• Lead and oversee all actuarial activities including valuation processes, financial reporting cycles, product pricing strategies, experience analysis initiatives, forecasting exercises, and comprehensive capital assessments.
• Provide strategic actuarial guidance to executive leadership on business performance metrics such as profitability trends, solvency positions, risk management frameworks, and long-term financial sustainability goals.
• Ensure timely completion and accuracy of actuarial valuations by managing policy reserves calculations and insurance contract liability assessments in accordance with industry standards.
• Oversee actuarial reporting requirements to ensure compliance with applicable accounting standards like IFRS 17 as well as local insurance regulations and best practices.
• Establish robust actuarial methodologies by setting appropriate assumptions, governance frameworks, model controls, and quality assurance protocols for all actuarial outputs.
• Direct experience studies covering mortality rates, morbidity patterns, persistency factors, lapse statistics, expense analyses, and other key business drivers to inform actuarial assumptions and decision-making.
• Lead actuarial input into product development initiatives including pricing reviews, profitability assessments, financial viability analyses, and market competitiveness evaluations.
• Collaborate with Finance and Risk teams on capital management strategies such as solvency monitoring activities, business planning sessions, enterprise-wide financial assessments, and scenario modelling exercises.
• Provide clear actuarial insights and recommendations to senior management teams as well as Board committees, regulators, auditors, and other key stakeholders through effective communication channels.
• Monitor emerging regulatory changes in accounting standards or market developments; assess their impact on organisational strategy while adapting processes accordingly.
• Drive innovation in actuarial practice by championing automation projects using data analytics tools or advanced modelling techniques; foster continuous improvement initiatives throughout the department.
• Ensure quality control over all actuarial deliverables by managing competing priorities efficiently within a fast-paced business environment focused on excellence.
• Build a high-performing actuarial team by mentoring staff members; promote technical excellence through ongoing professional development opportunities; implement succession planning strategies for future growth.
• Foster strong collaboration across business functions so that actuarial considerations are effectively integrated into both strategic planning efforts and operational decision-making.

What You Bring

The ideal candidate for Head of Actuary brings extensive experience from the life insurance sector—having managed complex valuation cycles alongside rigorous financial reporting requirements. Your academic background in Actuarial Science or related fields equips you with quantitative expertise necessary for navigating intricate modelling challenges. Professional credentials from recognised bodies reflect your dedication to maintaining industry standards while staying abreast of regulatory changes like IFRS 17. You possess deep technical knowledge spanning reserving methods through product pricing strategies—all underpinned by advanced proficiency in relevant software tools such as Prophet or Microsoft Excel. Beyond technical acumen you demonstrate exceptional interpersonal skills: mentoring junior actuaries toward professional growth; communicating nuanced findings clearly whether engaging regulators or presenting at board meetings. Your analytical mindset enables you to distil large volumes of data into meaningful recommendations that drive organisational success—while your collaborative approach fosters strong relationships across Finance/Risk/Product/Investments departments. Experience managing competing priorities within fast-paced environments further distinguishes you as someone who thrives under pressure without compromising quality.

• Bachelor’s degree in Actuarial Science or related quantitative discipline such as Mathematics or Statistics provides foundational knowledge required for success in this role.
• Fellow or Associate status from a recognised actuarial professional body—or significant progress toward fellowship-level qualifications—demonstrates commitment to professional standards.
• Minimum of 10 years’ experience within the life insurance industry ensures familiarity with valuation processes; substantial exposure to financial reporting practices; proven track record in pricing strategies; deep understanding of business management principles.
• Demonstrated leadership experience managing actuarial teams highlights ability to mentor staff members effectively while influencing senior stakeholders through collaborative engagement.
• Strong technical expertise in life insurance reserving methods; valuation methodologies; product pricing approaches; financial modelling techniques; capital management strategies is essential for delivering high-quality results.
• In-depth knowledge of IFRS 17 requirements plus local insurance regulations underscores capability to navigate complex compliance landscapes while maintaining robust governance frameworks.
• Experience interacting with regulators (such as Insurance Commission), auditors (internal/external), boards (executive/committee level) showcases ability to communicate complex concepts clearly across diverse audiences.
• Advanced proficiency using actuarial modelling tools (e.g., Prophet); Microsoft Excel spreadsheets; data analytics platforms supports efficient process execution—experience with SQL/Python/R is advantageous but not mandatory.
• Strong analytical skills combined with strategic thinking abilities enable you to translate intricate data sets into actionable business insights that inform decision-making at all levels.
• Excellent communication skills paired with stakeholder management capabilities allow you to present findings persuasively while building consensus among cross-functional teams.

What Sets This Company Apart

This organisation stands out within the Philippine life insurance market due to its unwavering commitment to technical excellence coupled with a supportive workplace culture that prioritises professional development. Employees benefit from flexible working opportunities designed around individual needs—enabling you to balance personal commitments alongside career ambitions. The company invests heavily in training programmes aimed at enhancing both technical skills (through workshops/seminars) and soft skills (via mentorship schemes). Leadership is approachable yet knowledgeable—encouraging open dialogue between departments so that innovative ideas can flourish regardless of hierarchy. Succession planning is embedded within HR policies ensuring every team member has access to advancement pathways tailored toward their aspirations. Collaboration is valued above all else: cross-functional projects bring together experts from Finance/Risk/Product/Investments creating an environment where shared learning drives collective achievement rather than isolated success stories. The organisation’s reputation for regulatory compliance means employees enjoy peace-of-mind knowing their work adheres strictly to industry best practices—while ongoing investment in automation/data analytics ensures processes remain cutting-edge even as market conditions evolve rapidly. Above all this is a place where your contributions are recognised not just through formal rewards but also informal appreciation from peers who understand what it takes to excel within such a demanding field.

What's Next

If you are ready to take your actuarial career to new heights within an inclusive environment that values both technical mastery and collaborative spirit then this is your moment—apply now!

Apply today by clicking on the link provided.

Due to the high volume of applications we are experiencing, our team will only be in touch with you if your application is shortlisted.