Assistant Actuarial Manager – WorkfoxHR in Colombo, Western Province

WorkfoxHR is currently accepting applications for the position of Assistant Manager - Actuarial in the Western Province area. The job type available for this position is Full-time.

We are looking for candidates who possess proficient skills and have a minimum of beginners/seniors in the respective field. In addition to technical expertise, we highly value traits such as honesty, discipline, and a strong sense of responsibility in our prospective employees.

The company offers a competitive estimated salary of approximately රු. 16,000 - රු. 38,000 (per Month). However, it is important to note that the final salary offer may vary and is subject to the discretion of the company.

WorkfoxHR operates within the (according to the company) industry. If you are interested in applying for this position and joining our esteemed organization, we encourage you to submit your application promptly.

Job Information

Job Description

Job Functions:

• Playing a senior role, performing actuarial functions inclusive of statutory valuations, regulatory compliance & reporting, experience analysis, pricing management & value reporting.
• Support continuous improvement of actuarial systems for accurate and timely statutory valuations, financial projections, and business planning.
• Support and develop new initiatives on product development, data analysis, management information, and coordination with other core functions of the organization.
• Support the formulation of business plans in line with the company’s strategic direction.
• Support the IFRS 17 project for smooth implementation, collaborating with internal and external stakeholders.

Qualifications and Experience:

• A degree in Mathematics/statistics, Finance, Accounting, Investment, Risk Management, or Business Management from a recognized university or equivalent professional qualification.
• Membership from a recognized actuarial institute. 3+ years of experience in the field of actuarial, preferably in life insurance.
• Strong analytical and critical thinking skills, ability to work effectively in a team, and prioritize work under challenging market conditions.
• Knowledge of spreadsheet-based cashflow modeling, MS Office, and automation tools like Excel VBA, R, or Python.
• Understanding of Life insurance financial dynamics is an advantage.

Benefit

• Gaining experience
• Taught first
• Receiving a bonus for overtime

Application Requirements

• Relevant formal education
• Work experience in the related industry is a plus
• Ability to adapt and learn quickly

Company address