Actuarial Assistant Manager
1 week ago
This role supports the Chief Reserving Actuary in delivering a wide range of responsibilities. The role is expected to perform more complex actuarial analyses, in relation to reserving, reporting and quantitative risk management:
**Responsibilities**:
- Supervise annual and quarterly valuations of general insurance liabilities in accordance to generally accepted actuarial principles and local/group requirements
- Prepare the Financial Condition Report (“FCR”)
- Collaborate with Finance team for the yearly planning cycle and the Full Year Forecast exercise throughout the year
- Perform stress test and Internal Capital Adequacy Assessment Process (ICAAP) in accordance with the relevant internal and Bank Negara Malaysia (BNM) guidelines
- Support IFRS17 implementation
- Provide recommendation on surplus distribution to participants and shareholders
- Identify key trends in portfolio’s experience and provide recommendations to the business
- Perform independent review on product pricing
- Lead, train and develop personnel
**Requirements**:
- Bachelor’s Degree in Actuarial Science or Mathematics
- Good exam progress from an international recognized actuarial association
- At least 6 years of working experience in a related role
- Able to manage multiple stakeholders across the business and contacts at the regional or head office.
- A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
- Excellent team-working, communication and interpersonal skills are also required
- Able to manage and meet deadlines and work under pressure
**Salary**: RM0.01 per month
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