Chief Actuary (Life Insurer-Pre-licensing phase)
Chief Actuary (Life Insurer-Pre-licensing phase)
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Waterdrop Financial Services (HK) Limited-Senior Recruiting Manager
About Us:
Waterdrop Inc. is a NYSE-listed company（https://www.waterdrop-inc.com/about-us）Which based in Beijing China ,In the past few years, Waterdrop Financial Services (Hong Kong) Limited was established in Hong Kong, and insurance brokerage business was carried out in Hong Kong. Singapore is the second stop for Waterdrop Group's insurance brokerage business to go global, and we are ready to apply for a Bermuda-based Long-Term Insurer license to develop insurance business.
Position Title: Chief Actuary
Reports To: Chief Executive Officer (CEO)
Location: Bermuda
Employment Type: Full-time;
Position Overview:
We are seeking a Chief Actuary to lead the actuarial strategy and execution across our life insurance company. The ideal candidate will bring deep technical expertise, a strong command of regulatory environments, and a collaborative leadership style to influence enterprise-wide decisions.
Key Responsibilities:
* Serving as the actuarial point of contact for regulators, ensuring timely and accurate submissions and responses.
* Develop actuarial strategies to ensure compliance with regulatory requirements (e.g., Insurance Act 1978, IFRS 17, Bermuda EBS).
* Oversee actuarial pricing, profit testing, and sensitivity analysis for life insurance products (traditional, participating, universal, unit-linked, etc.).
* Evaluate new product risks and optimize portfolio performance to balance competitiveness and profitability.
* Direct liability valuation, reserve provisioning, and assumption setting to ensure accurate financial disclosures (e.g., quarterly/annual reports).
* Monitor asset-liability management (ALM) to ensure capital adequacy and solvency compliance (e.g., Bermuda EBS, C-ROSS).
* Conduct stress testing and scenario analysis to inform capital strategy and risk appetite.
Qualifications:
Education:
* Bachelor’s or higher in Actuarial Science, Mathematics, Statistics, Finance, or related fields.
Experience:
* 10+ years in life insurance actuarial roles, including 5+ years in leadership positions international life insurance company.
* Proficiency in actuarial tools (e.g., Prophet, AXIS) and programming (VBA, R, Python); experience with big data/AI modelling is a plus.
* Experience in digital assets is a plus.
Core Competencies:
* Expertise in actuarial disciplines (pricing, valuation, capital modelling) and risk management.
* Strong business acumen to align technical rigor with strategic goals.
* Superior communication skills in both Chinese and English.
Seniority level
* Seniority level
Executive
Employment type
* Employment type
Full-time
Job function
* Job function
Finance
* Industries
Insurance Carriers and Insurance Agencies and Brokerages
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