Hoi Fung (Tom) Ng
Toronto
Summary
FSAI-designated actuary with 10+ years of reinsurance experience across Ireland, Barbados, and Canada, combining technical expertise with a collaborative mindset. Skilled in underwriting, pricing, and reporting, with deep exposure to UK longevity swaps, US/UK non-life structured solutions, and IFRS17 implementation. Passionate about building meaningful client relationships and working with global teams.
Overview
12
12
years of professional experience
Work History
Manager, Reinsurance Pricing
The Canada Life Assurance Company (Canada Life)
09.2023 - Current
- Pricing: Underwrote and priced structured non-life reinsurance deals from initial due diligence and assumption setting to client engagement, senior management presentation, treaty negotiation and quote delivery - successfully closing multiple multi-million dollar transactions in the US and UK.
- SME: Developed subject matter expertise in new line of businesses to drive and support the company’s growth strategies
- Data Analysis: Designed and implemented data driven models to assess transaction performance and track key risk indicators, enhancing risk monitoring and decision making
- Management: Managed and mentored nearly qualified actuaries, supporting their professional development toward full qualification
Actuary, Valuation & Risk (Barbados) | Reported to General Manager & Actuary
Canada Life Group Services Limited
07.2021 - 09.2023
- Financial Reporting: Responsible for quarterly local sign-off of multi-billion LICAT capital requirements, reviewed and approved the posting of IFRS4 actuarial liabilities and actuarial components of the Solvency returns for the Bermuda regulator.
- Risk Reporting: Produced analytical reports for the Chief Risk Officer to assess potential reinsurance opportunities, emphasizing risk profiles and ensuring compliance with internal risk limits
- IFRS17 Implementation: Acted as the actuarial lead for IFRS17 implementation in Barbados, aligning local reporting with global standards.
- Company novation: Coordinated the successful novation and relocation of a Barbados-based reinsurance entity to Bermuda
- On secondment with The Canada Life Assurance Company Barbados Branch
Senior Actuarial Associate
Canada Life Group Services Limited
02.2018 - 07.2021
- Internal Re: Led the reinsurance pricing and implementation of internal reinsurance transactions, ensuring all parties’ interest are met and compliance with risk transfer requirements.
- Collaborations: Coordinated cross-functional teams in finance, reporting, compliance and legal to facilitate seamless onboarding of new transactions, ensuring accurate reporting and timely settlements.
- Deal monitoring: Conducted performance reviews of internal and external inforce transactions including deal settlements, collateral release/top-up.
- On secondment with The Canada Life Assurance Company Barbados Branch
Business Development Actuary
Canada Life Group Services Limited
07.2017 - 02.2018
- Underwritten bespoke UK longevity swaps opportunities, executed multiple high profile, multi-million longevity swaps.
Actuarial Trainee
Canada Life Group Services Limited
10.2013 - 07.2017
- Life pricing - Modelled longevity swap cashflows using Prophet
- P&C pricing - Priced P&C XoL covers in the retrocession market using Remetrica
Education
Fellow -
Society of Actuaries in Ireland
08.2025
BSc - Actuarial Mathematics
Dublin City University
01.2012
Timeline
Manager, Reinsurance Pricing
The Canada Life Assurance Company (Canada Life)
09.2023 - Current
Actuary, Valuation & Risk (Barbados) | Reported to General Manager & Actuary
Canada Life Group Services Limited
07.2021 - 09.2023
Senior Actuarial Associate
Canada Life Group Services Limited
02.2018 - 07.2021
Business Development Actuary
Canada Life Group Services Limited
07.2017 - 02.2018
Actuarial Trainee
Canada Life Group Services Limited
10.2013 - 07.2017
BSc - Actuarial Mathematics
Dublin City University
Fellow -
Society of Actuaries in Ireland
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