Manager, Group Actuarial IFRS17

3 weeks ago

Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited 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

Actively contribute to building the TIM IFRS17 team by

1. Leading and managing the execution, validation and analysis of the FWD centralised IFRS17production for assigned business units

2. Leading and managing resources in supporting various Actuarial initiatives/projects requested by the Group Office and business units across FWD group.

KEY ACCOUNTABILITIES

1. As the team lead:
  • Lead, coach and manage the team's performance, development and morale to ensure team members achieve their goals according to the expected performance standards.
  • Manage the resources and ensure adequate resource allocation in work arrangement
  • Support the hiring of good talent
2. As the IFRS17 CSM Country Lead:
  • Lead and manage the execution, validation and analysis of the IFRS17 results for assigned business units, and ensure quality and on-time delivery of work
  • Review result reasonableness of and internal consistency across various result templates, forms and reports
  • Document result review findings and comments in Q&A log
  • Manage relationships and expectations of Group Office, assigned business units and other key stakeholders by developing a communication process to deliver defined production requirement within the agreed timeline and keep up-to-date production progress
  • coordinate incoming requests from Group Actuarial, BU, downstream teams such as Alteryx, Oracle and Group Finance.
  • Resolve and where necessary, escalate and communicate unprecedented and complex issues to Head of TIM IFRS17 and business units in a timely manner
  • Communicate results to business units
  • Review and approve updates to operation manuals based on learnings from production cycle and discuss process or tool enhancements with IFRS 17 CSM Development Lead
  • Manage and prioritize ad-hoc requests from Group Actuarial or BUs during result production
3. Set project priorities for the team and oversee all projects deliverables including planning and managing the resources in delivering the Actuarial initiatives/projects from Group Actuarial and business unit.

KEY PERFORMANCE INDICATORS
  • Effectiveness of the model maintenance process and project delivery
  • Engagement and development of team members
  • Value added to local business units
EXTERNAL & INTERNAL CONTACTS
  • Head of TIM IFRS 17
  • Local CA and IFRS 17 team
  • Group Actuarial and Group Actuarial Committees
  • Group Finance Application Support Team
  • Data validation team
  • TIM IFRS17 CSM Development Lead and team
QUALIFICATIONS / EXPERIENCE
  • 6 to 8 years insurance experience in actuarial functions
  • Fellowship or nearly fellowship member of an internationally recognised actuarial professional body
KNOWLEDGE & TECHNICAL SKILLS
  • Strong understanding of Actuarial valuation processes and IFRS17
  • Solid Prophet experience
  • Strong Excel skills
  • Good Python skills
  • Good analytical skills
COMPETENCIES
  • Good team leadership and management skills
  • Good facilitation, negotiation and problem resolution skills
  • Good strategic thinking ability to prioritize and balance multiple tasks or projects.
  • Strong analytical skills
  • Good communication and presentation skills
  • Fluent in English speaking and written skills
OTHERS
  • Flexible to travel

  • Senior Manager, Group Actuarial IFRS17

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Assistant Manager, Group Actuarial IFRS17

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Manager, Group Actuarial IFRS17-2

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Senior Analyst, Group Actuarial IFRS17

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Senior Analyst, Group Actuarial IFRS17

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Senior Analyst, Group Actuarial IFRS17-2

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Manager, Group Actuarial

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Senior Analyst, Group Actuarial

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD GroupFWD 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,...

  • Associate Director, Actuarial

    4 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AIA Group Ltd Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...

  • manager, actuarial audit

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Allianz Full time

    28914 | Audit | Professional | Non-Executive | Allianz Malaysia | Full-Time | PermanentDo you want to work in a high-trust culture where you'll feel empowered to make decisions that result in impact?In your new role, you will be responsible for independently performing and managing Actuarial audits across all entities and lines of business in the AZAP...

  • Actuarial, Principal

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AIA Group Ltd Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...

  • Life Actuarial Consultant

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia WTW Full time

    As a Consultant in our Insurance, Consulting and Technology team, you will be involved in supporting business development and working as part of a team on a wide variety of complex projects such as financial modelling and mergers and acquisitions for life insurance firms. The RoleWork with the team to develop go-to-market propositions Deliver superior,...

  • Actuarial Assistant Manager/Manager

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Chubb Full time

    Job DescriptionKey ObjectiveTo assist the Chief Actuary in managing the reserving and monitoring of the retail/consumer lines, namely the Motor portfolio. The role will lead the monitoring of Motor portfolio mix, claims trends and rate adequacy. The role will work closely with regional actuarial colleagues and local claims to identify trends and insights of...

  • Life Actuarial Consultant

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Willis Towers Watson Full time

    Job DescriptionAs a Consultant in our Insurance, Consulting and Technology team, you will be involved in supporting business development and working as part of a team on a wide variety of complex projects such as financial modelling and mergers and acquisitions for life insurance firms.The RoleWork with the team to develop go-to-market propositions Deliver...

  • Actuarial, Specialist

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AIA Group Ltd Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...

  • Actuarial Executive

    4 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job SummaryActs under direct instruction, performing actuarial duties in order to provide highly accurate data and analyses for use by more senior actuaries in relation to reserving, reporting, quantitative risk management or the pricing of business.Job Accountabilities - Key AccountabilitiesProvide basic actuarial services under direct instruction of a more...

  • Assistant Manager

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Discover the GREAT in your career.As a LIFE company, our customers are at the heart of all that we do. Being one of Asia's leading insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement - from the way we treat every customer...

  • Actuarial Analyst

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Chubb Full time

    Job DescriptionResponsibilitiesAssist in the preparation of the actuarial datasets and maintenance of database. Assist in the reserving of insurance liabilities and the preparation of reserving reports for local statutory purposes. Assist with the monitoring and analysis of claims experience against reserving and pricing assumptions Assist in another ad-hoc...

  • Senior Actuarial Analyst

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Willis Towers Watson Full time

    Job DescriptionAs a P&C actuarial analyst in ICT, you will work as part of a team on projects focused mainly on general insurance. You will be involved in a variety of projects including IFRS 17, pricing, statutory valuation, data science/analytics, capital management, merger and acquisitions etc for our clients across South East Asia. Many of the projects...

  • Senior Actuarial Analyst

    4 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia WTW Full time

    As a P&C actuarial analyst in ICT, you will work as part of a team on projects focused mainly on general insurance. You will be involved in a variety of projects including IFRS 17, pricing, statutory valuation, data science/analytics, capital management, merger and acquisitions etc for our clients across South East Asia. Many of the projects will involve...