Manager, Group Actuarial

6 months ago

Kuala Lumpur, Malaysia FWD Insurance 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 an in-house Actuarial consulting hub by
- Leading and managing the development, implementation, and maintenance of the centralized Actuarial models for assigned business units while ensuring the modelling implementation are in accordance with the Group Model governance policy
- Leading and managing the shared pool resource in supporting various Actuarial initiative/project requested the group office and business unit across FWD group

KEY ACCOUNTABILITIES
- As the team lead:

- Lead, coach, manage, and promote team’s performance, development, and morale to ensure team members achieve their goals according to the expected performance standards
- Manage the shared pool resources and ensure adequate resource allocation in work arrangement
- Involve in the hiring of good talent
- As the Country Model Lead:

- Lead and manage the overall development and maintenance of the centralised Actuarial models for business units, and ensure quality and on-time work delivery
- Demonstrate up-to-date expertise of Prophet modelling in the development, execution and improvement of modelling process
- Manage relationships and expectations of Group Office, business units and other key stakeholders by developing a communication process to deliver defined Prophet modelling services within the agreed scope and keep up-to-date modelling service progress
- Review the checking and regression test performed by the team and explain any model change impacts, and maintain model documentations for key stakeholders
- Resolve and where necessary, escalate and communicate unprecedented and complex modelling issues to Head of TIM Actuarial and business units on a timely manner
- Set project priorities for the team and oversee all projects deliverables including planning and managing the shared pool resources allocation to deliver the expected Actuarial services or resources on and projects basis including but not limited to developing and maintaining ALS model for asset and liability management, economic capital (EC), HKRBC reporting, IFRS17 and any other assignment from Group Actuarial
- Oversee and manage Prophet Enterprise and related calculation engines on Cloud and maintain a clean and auditable production environment

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
- Group Risk and Actuarial Committee, ALMCO Committee and IFRS17 Project Steering Committee
- Local Country CA, CRO, investment/ALM teams and function head
- Head of TIM Actuarial

DECISION MAKING
- In accordance with Insurance Group delegated authorities

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 Prophet modelling skills, knowledge on Prophet ALS is preferred
- Good understanding of valuation processes under USGAAP, statutory and traditional EV, knowledges on EC/RBC and IFRS17 are preferred

OUR COMPETENCIES
- Good team leadership and development skill
- Good Facilitation, negotiation and problem resolution skills
- Good Strategic Thinking: Ability to prioritize and balance multiple tasks or project.
- Strong analytical skills
- Good communication and presentation skills
- Fluent in English speaking and written skills

OTHERS
- Flexible to travel

  • Manager, Group Actuarial

    5 months ago

    Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    Manager, Group Actuarial **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...

  • Manager, Group Actuarial Ifrs17

    5 months ago

    Kuala Lumpur, Malaysia FWD Insurance 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,...

  • Manager, Group Actuarial Ifrs17-2

    5 months ago

    Kuala Lumpur, Malaysia FWD Insurance 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,...

  • Assistant Manager, Group Actuarial Ifrs17

    5 months ago

    Kuala Lumpur, Malaysia FWD Insurance 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,...

  • Actuarial Executive Manager

    2 months ago

    Kuala Lumpur, Malaysia Zurich Insurance Full time

    **Job Summary** Leads a team to deliver routine actuarial tasks and recommendations requiring mínimal direct supervision, and to perform more complex actuarial analyses under the supervision of more senior actuaries, in relation to reserving, reporting, risk management or the capital management of the business. **Job Accountabilities** Main...

  • Actuarial Assistant Manager

    6 months ago

    Kuala Lumpur, Malaysia Agensi Pekerjaan DLS Consultancy Sdn Bhd Full time

    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...

  • Manager, Actuarial

    5 months ago

    Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Manager, Actuarial **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 I **ntegrity, Initiative, and Involvement**: -...

  • Assistant Manager/ Manager, Actuarial Valuation

    5 months ago

    Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Assistant Manager/ Manager, Actuarial Valuation **Job Summary**: Actuarial Assistant Manager/ Manager with responsibilities for Prophet management, stress testing, and business planning. Prophet Modelling - In charge of managing the Prophet model to ensure accuracy and consistency of the results produced by the actuarial model. This includes modelling new...

  • Actuarial Professional

    5 months ago

    Kuala Lumpur, Malaysia Prudential plc Full time

    Actuarial Professional Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the...

  • Actuarial Professional

    5 months ago

    Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support...

  • Actuarial Team Lead

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Sinergia Talents Sdn Bhd Full time

    Job SummaryWe are seeking a highly skilled Actuarial Team Lead to join our team at Sinergia Talents Sdn Bhd.About the RoleThe successful candidate will lead a team to deliver routine actuarial tasks and recommendations, as well as perform more complex actuarial analyses under supervision. Key responsibilities include local and group valuation, Financial...

  • Actuarial Assistant Manager

    3 months ago

    Kuala Lumpur, Malaysia Zurich Insurance Full time

    **Job Summary** Delivers routine actuarial tasks and recommendations requiring mínimal direct supervision, and performs more complex actuarial analyses under the supervision of more senior actuaries, in relation to reserving, reporting, risk management or the capital management of the business. **Job Accountabilities - Key Accountabilities** - Main...

  • Associate, Actuarial Pricing

    5 months ago

    Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Associate, Actuarial Pricing - Ensure products are priced in accordance with the Pricing Policy. - Review product write-ups and assess product design. - Prepare product documentation and other filing documents for Bank Negara Malaysia. - Prepare Group quotations. - Provide technical justification, cost analysis, and other useful insights to assist in...

  • Actuarial Pricing Intern

    5 months ago

    Kuala Lumpur, Malaysia Prudential plc Full time

    Actuarial Pricing Intern Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the...

  • Actuarial Assistant Manager

    5 months ago

    Kuala Lumpur, Malaysia Zurich Insurance Full time

    Job Summary- Actuarial Service Centre Asia Pacific (ASCAP) is a regional Centre of Excellence for Zurich Insurance Group, providing actuarial modelling, reporting and consulting services to the Zurich APAC regional office and Business Units in the APAC region.- We are looking for a Life Insurance valuation and modelling actuary for the development of...

  • Actuarial Pricing Intern

    7 months ago

    Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support...

  • Assistant Manager, Internal Audit Actuarial

    5 months ago

    Kuala Lumpur, Malaysia FWD Insurance 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,...

  • Manager, Actuarial Audit

    5 months ago

    Kuala Lumpur, Malaysia Allianz Full time

    MANAGER, ACTUARIAL AUDIT (ASIA PACIFIC) 28914 | Audit | Professional | Non-Executive | Allianz Malaysia | Full-Time | Permanent **Do 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...

  • Actuary P&C

    1 month ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Hannover Re Full time

    We are seeking an experienced Property & Casualty Actuary to support our Risk & Actuarial team. As a key member, you will focus on Property & Casualty valuation and projects, ensuring timely deliverables and regulatory compliance.The ideal candidate will have a minimum of 5 years of professional actuarial experience in the insurance or reinsurance sector,...

  • Actuarial Analyst

    5 months ago

    Kuala Lumpur, Malaysia Allianz Full time

    Actuarial Analyst 40538 | Actuarial | Professional | Non-Executive | Allianz Malaysia | Full-Time | Permanent **JOB PURPOSE/ROLE** Undertake analysis on behalf of senior professionals while providing administrative support to projects and is required to coordinate with other departments and work-streams to ensure appropriate support is provided to the...