Financial Risk Executive

4 weeks ago


Kuala Lumpur, Malaysia Allianz Malaysia Full time

**Do you see change as an opportunity to shine?**

You'll responsible for risk identification, assessment, monitoring and reporting of key financial and insurance risks, as well as following up on risk mitigation actions of Allianz Life Insurance Malaysia Berhad (ALIM).

**RESPONSIBILITIES**- Perform stress tests and participate in the Internal Capital Adequacy Assessment Process (ICAAP) to ensure adequate capital to meet the Company’s capital requirements on an ongoing basis.- Conduct risk reviews on financial and insurance risk areas including:
- New investments and investment limits customization;-
- Strategic Asset Allocation (SAA) and Asset Liability Management (ALM)-
- Actuarial valuation process and assumptions;-
- Product risk assessments and new product development;-
- Reinsurance arrangements.-
- Conduct regular monitoring to ensure compliance with all risk-related policies and limits as per the Company’s Risk Management framework, Allianz Group frameworks as well as local regulations.- Prepare required risk reports to various stakeholders including the Management, Board, Allianz Regional/Group Risk and BNM on a timely basis.- Assist in the implementation of any new initiatives within the risk management function.

**REQUIREMENTS**- Minimum Bachelor's Degree in Actuarial Science / Statistic / Mathematics or equivalent.- At least 1 years of relevant working experience in pricing, actuarial or financial risk management in the life insurance industry.- Strong analytical and problem solving skills.- Must be self-motivated and able to work independently.- Good command of spoken and written English & Bahasa Malaysia.- Knowledge of Risk-Based Capital Framework and BNM Product Guidelines will be an added advantage.

**Let's care for tomorrow. For building a risk mindset at every level.**

| Risk Management | Entry Level | Non-Executive | Allianz Malaysia | Full-Time | Permanent


**Job Level**:
Entry Level

**Location**:

- KUALA LUMPUR, Federal Territory of Kuala Lumpur, MY**Area of Expertise**:
Risk Management

**Unit**:
Allianz Malaysia

**Employing Entity**:
Allianz Life Insurance Malaysia Berhad

**Job Type**:
Full-Time

**Remote Job**:
Hybrid working

**Employment Type**:
Permanent

**ID**:
31429



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