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

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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.

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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.

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Collaborate with external actuarial consulting companies as required and support external audits for the key regions.

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Provide detailed reserving analyses and insights to support financial reporting, business planning, and risk management.

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Monitor emerging risks and trends, integrating them into reserving methodologies to maintain robust balance sheet positions.

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Build and maintain relationships with external actuarial consulting firms and leverage them to improve internal actuarial practices.

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Partner with the regional pricing and underwriting teams to share reserving insights that inform rate adequacy and portfolio decision where relevant.

Collaboration & Stakeholder Management

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Build strong relationship with internal and external stakeholders, including regulators, auditors, external consulting firms and regional / global actuarial teams.

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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

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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.

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You will ensure compliance with MAS expectations for an appointed actuary, particularly in managing commercial risks and meeting regulatory requirements.

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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 (P&C) sector. Reinsurance experience is a strong plus.

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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.

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Communication Skills : Excellent verbal and written communication skills, with the ability to present complex concepts to diverse audiences.

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Languages : Fluency in English is required. Proficiency in any local language (e.g., Mandarin, Cantonese, Hindi, Korean, or Japanese) is a strong advantage.

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Collaboration Skills : Ability to work effectively with internal teams, external consulting companies, and other stakeholders to achieve shared objectives.

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Innovation & Automation : A curious and forward-thinking mindset, with a strong interest in leveraging technology and data analytics to enhance actuarial practices.

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Cultural Awareness : Experience working in diverse, multicultural environments, with an understanding of the Asia-Pacific insurance market.

• Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.

101128 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here .

Learn more about Allianz Commercial by clicking here .

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

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