Regional Chief Actuary, Asia

Join the CFO team in Singapore, working directly with the Regional CFO and the Global Actuarial team. This role is part of Allianz’s Commercial Insurance, focusing on delivering actuarial excellence and supporting strategic decision-making. You will collaborate with both regional and global colleagues, as well as external stakeholders, to support actuarial process across diverse and complex markets. Experience in commercial insurance is essential.

The Impact You Will Have

As the Regional Chief Actuary, you will play a critical role in ensuring the financial stability and technical robustness of Allianz’s Commercial Insurance operations in the Asia Pacific region. Your expertise will guide reserving processes, regulatory compliance, and portfolio insights. You will also act as a key advisor to senior management and senior stakeholders, leveraging experience to shape actuarial strategy and foster collaboration across the organization. This role involves managing high-value, technically complex risks and requires a good understanding of the regulatory frameworks, and market dynamics in the region - Singapore, Hong Kong, India, South Korea, and Japan.

Some of your specific responsibilities could include:

Reserving

• Prepare and sign actuarial opinions for Singapore. Another jurisdiction would be a plus for example Hong Kong, India, South Korea, or Japan. Ensure compliance with regulatory standards.
• Lead the estimation and validation of technical provisions across multiple accounting frameworks considering local requirements in each – Singapore, Hong Kong, India, South Korea, and Japan. Additionally, through exposure to the global team, you will be expected to understand IFRS 17 framework.
• Collaborate with external actuarial consulting companies as required and support external audits for the key regions.
• Provide detailed reserving analyses and insights to support financial reporting, business planning, and risk management.
• Monitor emerging risks and trends, integrating them into reserving methodologies to maintain robust balance sheet positions.
• Build and maintain relationships with external actuarial consulting firms and leverage them to improve internal actuarial practices.
• Partner with the regional pricing and underwriting teams to share reserving insights that inform rate adequacy and portfolio decision where relevant.

Collaboration Stakeholder Management

• Build strong relationship with internal and external stakeholders, including regulators, auditors, external consulting firms and regional / global actuarial teams.
• Drive innovation and improvement in actuarial processes, leveraging technology and AI-driven data analytics to enhance efficiency and accuracy.

What You’ll Bring to the Role

• Qualifications: Fully qualified actuary (e.g., FIA, FSA, or equivalent) with the ability to sign actuarial opinions in Singapore. Ability to sign in any other jurisdiction would be a plus (e.g., Hong Kong, India, South Korea, or Japan). For Hong Kong, the "ability to obtain the right to sign" is acceptable.
• You will ensure compliance with MAS expectations for an appointed actuary, particularly in managing commercial risks and meeting regulatory requirements.
• Experience: Minimum of 10 years of actuarial experience in Asia Pacific region with a strong focus on reserving (pricing experience is a plus) in the Commercial Insurance (PC) sector. Reinsurance experience is a strong plus.
• Technical Skills:

In-depth knowledge of actuarial methodologies and experience with high stake long-tail lines.

Strong understanding of pricing techniques, portfolio management, and risk-return analytics.

• Communication Skills: Excellent verbal and written communication skills, with the ability to present complex concepts to diverse audiences.
• Languages: Fluency in English is required. Proficiency in any local language (e.g., Mandarin, Cantonese, Hindi, Korean, or Japanese) is