Truc PHAM

• Lead team to provide financial performance reporting and internal analysis to Group Office (Enterprise Value, Value of New Business, Expense analysis, Profit and free surplus);
• Complete the declaration of bonuses for participating product and socialise with key stakeholders, including the preparation of committees and Board papers;
• Review Strategic Asset Allocation for a number of key investment products and Statutory funds to optimize asset-liability matching;
• Provide key recommendation to changes in reporting methodology and lead team to implement changes successfully.
• Provide support on claim analysis
• Complete impact analysis to changes in pricing, assumptions, and business initiatives.
• Develop team members in both technical and business acumen to increase capability in the team and increase ability to step up.

Achievements:

• Successfully placed capital intensive products through financial reinsurance to achieve optimal outcome for the Group.
• Successfully formulated and implemented solutions under the post IFRS 17 environment for the reporting of VONB and EV over a short timeframe with clean clearance with external audit.
• Successfully led a highly engaged team through survey.

• Delivered regular financial metrics and analysis, including Profit, Capital, and Enterprise Value;
• Completed the implementation of changes in the Valuation System to meet strategic initiatives, pricing and valuations;
• Responsible for providing financial implications to key strategic projects including Capital Optimisation initiatives, ALM recommendations, reinsurance optimisation/recapture.
• Implemented new reporting tools and software, increasing efficiency in the report generation process.

Achievements:

• Successfully led team to achieve objectives and all deliverables including financial optimisation initiatives.
• Successfully delivered and implemented solution to capital intensive products to achieve added value for the Group.
• Successfully developed team member to be able to step up to the next level.

• Responsible for the reporting and managing various Enterprise Key risks including Reinsurance Exposure Risk, Liquidity Risks, and Key risk indicators;
• Facilitated and coordinated with Risk Management, monitored risk controls for Claims, Underwriting and Actuarial;
• Oversaw of Reinsurance Strategies through the review of LPS320 standards and Group Office Approval process;
• Performed reinsurance retention study to optimise retention level in line with the business risk appetite.

• Delivered regular financial metrics, including Profit, and Enterprise Value including analysis and communicated the results to stakeholders;
• Reviewed financial data, profit drivers and provided relevant investigation recommendations for experience analysis;
• Played an integral role in annual budgeting processes by providing accurate financial data and projections, contributing to informed decision-making and resource allocation.
• Supervised junior staff to complete different tasks including regular financial and management information reporting, regulatory filing and model change implementation in a timely manner.

• Led team to deliver pricing of Retail Life insurance products including Wellness program implications ;
• Led a team of analysts to optimize pricing models, improving overall financial performance.
• Supervised the pricing of Partnership Distribution products and provided recommendations on new strategic Partnership Distribution deals;
• Oversaw the building of financial models for business campaigns, projects and deals;
• Repriced of in-force Income Protection business and supported the negotiation with reinsurer on changes to terms;
• Reviewed experience investigation results and provided inputs into assumption setting.

Achievements:

• Successfully led team to deliver two major launches of Priority Protection in a short timeframe.
• Successfully collaborated with the Product team to win major partnership distribution.
• Successfully delivered the repricing of in force products.
• Achieved highly engaged team through survey.

• Responsible for the delivery of various financial metrics, including Profit, Capital, and Enterprise Value including analysis and communicate the results to management for products across AIAA;
• Coordinated workflow to meet deadlines;
• Coordinated Prophet changes and maintained the system to meet changes in the business;
• Completed ad-hoc projects as per management requests.

• Priced and profit tested Individual Life and Income Protection products, and produced Pricing reports;
• Analysed the market competitiveness position, profitability of the Retail products with changes to pricing and business profile;
• Facilitated and negotiated reinsurance recapture a number of reinsured policies with Munich Reinsurance;
• Provided pricing analysis for marketing campaigns, including building models, analysing results and producing Actuarial report for sign-off;
• Performed strategic and tactical pricing for various Wealth Management products (Unit Trusts and Annuities);
• Reviewed asset mixes and their impacts on Capital.

• Responsible for monitoring and reporting capital adequacy and solvency;
• Assisted in the implementation of a stochastic Asset-Liability Model;
• Assisted in the production of Financial Condition Report;
• Implemented changes in Prophet as per specifications.