Responsible for sales budget formulation, progress management, and marketing strategy for internet products.
About this role
Rakuten General Insurance is hiring an actuary as a manager candidate for its actuarial science department, a six-member team created in 2019 that supports the company's finances. The department values insurance liabilities and analyzes future earnings, and the company adopted IFRS accounting early; motor insurance contracts are growing quickly, so the numbers reflect the business directly.
Duties are profit-and-loss and balance-sheet analysis under IFRS 17, JGAAP and IFRS closing including liability calculations such as policy reserves and IBNR, economic solvency ratio calculation with economic-value liabilities and risk amounts, and model governance, plus improving and streamlining that work. Members also act as checkers to ensure accuracy, and duties may rotate within the department.
Applicants need insurance actuarial or closing work experience at a non-life or life insurer (two or more years desirable) and IFRS 17 experience, or otherwise work experience at a financial institution. Associate status with the Institute of Actuaries of Japan at one subject or more and a science degree are preferred.
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