Senior Analyst, Group Actuarial IFRS17

3 weeks ago

Kuala Lumpur, Malaysia FWD Life Insurance Corporation Full time

About FWD Group

FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

For more information please visit

FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was set up in late 2019 and is part of the FWD Group. FWD TIM in Malaysia is one of the FWD Group’s office locations serving multiple markets within FWD Group and employing team members in various functions including Group Digital & Data, Digital Innovation, the IT Hub and our Centre of Excellence comprising Actuarial, Finance and Product Proposition functions.

PURPOSE

Support the production of the FWD IFRS17 results for business units ("BUs") in accordance with Group policies and controls, as well as support the Actuarial initiatives/projects as required by the Group Actuarial and BUs.

KEY ACCOUNTABILITIES

1. Provide guidance to junior team members in their daily tasks

2. Support the production of FWD IFRS17 results by:

Independently performing BAU IFRS 17 production run support based on requirements from GO, and ensuring on-time delivery of production results; independently performing IFRS17 model runs, and in-/output validation checks to ensure data and run process completeness escalating issues or findings to manager on a timely manner and suggesting resolution ideas supporting the investigation of issues observed in the runs independently populating validation and result templates, forms and reports to be reviewed by manager and BUs working with the BUs to understand data or input issues explaining run issues to development team for troubleshooting Supporting ad-hoc requests from Group Actuarial or BUs during result production

3.Contribute as an experienced project resource in supporting the Actuarial project/initiative from Group Actuarial or business units

KEY PERFORMANCE INDICATORS

Effectiveness, timeliness, and accuracy of the operation support Value added to local business units

EXTERNAL & INTERNAL CONTACTS

Group Actuarial IFRS17 Country Lead Local function head, managers and associates IFRS17 CSM Development Lead and managers

QUALIFICATIONS / EXPERIENCE

3 to 5 years insurance experience in actuarial functions is preferred Bachelor’s degree (or equivalent) in Actuarial Science or other Mathematics/Statistics based major Good progress in internationally recognised actuarial professional examinations

KNOWLEDGE & TECHNICAL SKILLS

Good understanding of Actuarial valuation processes and IFRS17 are preferred Good Prophet experience Good Excel skills Good Python skills

COMPETENCIES

Good team player Good analytical skills Good problem-solving skills Good communication and interpersonal skills Good in English speaking and written skills

OTHERS

Flexible to travel

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