FWD Group

Pan-Asian life insurer with digital solutions

Compensation Manager - Actuarial Pricing, Compensation

Actuarial & Risk ModellingUpdated on Nov 12

Full-timeHo Chi Minh City, VietnamNo salary listedIn-person

About the Job

Requirements

A degree in any discipline is required.
Five to seven years of experience in valuation, financial reporting, and modelling is required.
Actuarial knowledge, financial awareness, modelling, analysis and numeracy, actuarial applications, and cross-functional knowledge are required.

Responsibilities

Lead the Compensation team and support the Director in overseeing actuarial reporting and strengthening controls in line with Group standards.
Develop competitive and appropriate compensation schemes for distribution channels.
Provide analysis of compensation schemes and their financial implications for the company.
Identify risks of scheme gaming and take necessary actions.
Manage the CRE budget to avoid overruns and ensure effective spending.
Support projects, including new partnerships and subsidiary setup.
Ensure timely and correct payment approvals for all channels.
Manage data and assess the effectiveness of compensation schemes.
Coordinate with various departments on reports and plans to ensure timely, quality results.
Coach and support junior actuarial staff, providing direction to enhance their actuarial skills and knowledge.
Ensure channel payments are correct and in line with approvals.
Research competitors’ distribution strategy initiatives.
Monitor post-sale activity and analyze contest effectiveness.

Desired Qualifications

Progress toward professional actuarial qualifications, particularly in Mathematics or Actuarial Science.
ASA or close to ASA, with at least four actuarial exams and Validation by Educational Experience (VEEs).
Experience in pricing and modelling.
Prophet experience.

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves over 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com

FWD Vietnam was established in 2016 and is a member of FWD Group. For more information, please visit www.fwd.com.vn

To lead the Compensation team and support the Director in overseeing actuarial reporting and strengthening controls in line with Group standards.

THE JOB:

Focus on distribution strategy scheme

1. Scheme design: Competitive & appropriate scheme for various channel within FWD

2. Costing & analysis: Provide insightful analysis for compensation scheme as well as the financial implications to the company

3. Risk management: to be able to spot gaming risk and take necessary actions

Budget control: manage the CRE budget to avoid overrun and ensure an effective spending
Supporting project based including new partnership, setting up subsidiaries…
Ensure timely/correct payment approval for all channels
Data management and effectiveness of compensation scheme
Co-ordinate with various department in report/plan to ensure quality results are delivered on time.
Coaching and support junior actuarial staff, provide clear direction to enhance their actuarial skills and knowledge.
Ensure correct payment from channel and in line with approval
Market research on distribution strategic initiatives from competitors
Post-sale monitoring & contest effectiveness analysis

THE PERSON:

- Degree holder of any disciplines, (Mathematics/Actuarial Science with good progress in pursuing professional qualifications would be an advantage).
Has good experience in valuation, financial reporting and modelling areas (05-07 years).

Preferably ASA or close to ASA with at least 04 Actuarial Exams + VEEs.

Preferably has experience in pricing and modelling areas.

Prophet experience is a plus.
Actuarial Knowledge

Financial Awareness

Modelling

Analysis and Numeracy

Actuarial Applications

Cross Functional Knowledge

About the Company

FWD Group

Pan-Asian life insurer with digital solutions

FWD Group is a pan-Asian life insurer serving ten markets with life, medical, general, employee benefits, takaful, and Shariah products. Its offerings are delivered through digital channels and a jargon-free experience, with tools like the Omne app and online claims that simplify buying, managing, and filing claims for plans such as Set for Health and FWD Max Wealth. The company differentiates itself with a digital-first, customer-centric approach and a strategy of rapid expansion through acquisitions and partnerships, including Shariah-compliant options. Its goal is to make insurance accessible, transparent, and customer-led across Asia while growing its market presence and profitability.

Company size: 10,001+
Company stage: IPO
Headquarters: Eastern District, Hong Kong
Founded: 2013

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