Manager, Valuation – Actuarial

1 day ago

Kuala Lumpur, Kuala Lumpur, Malaysia Sompo Full time

Manager, Valuation – Actuarial

Berjaya Sompo Insurance Berhad

The incumbent will support Appointed Actuary on all aspects of actuarial function, including but not limited to: Valuation of Insurance Liabilities, Financial Condition Report, Stress Testing, other Regulatory and Group reporting requirements.

Able to identify material issues, prepare further analysis, and explain verbally or in written form the results of complex analysis in clear and simple terms for non-technical audiences, either from other departments or to Senior Management.

Able to carry out larger projects relatively autonomously and mentor junior team members.

The key responsibilities will include but are not limited to:

  • Prepare Valuation, FCR, Stress Test, and other regulatory / group reporting relatively autonomously with some guidance from Appointed Actuary.
  • Liaise with other departments, senior management and regional office - able to have a deeper understanding of the requirements and meet the underlying needs.
  • Provide support and technical advice to the wider Actuarial team.

Job Specification:

Bachelor's degree in actuarial science, statistics, mathematics, or related field.

Good progress in actuarial exams or is newly qualified from a recognized actuarial society.

Minimum 8 to 10 years of experience in the general insurance industry related to job responsibilities.

Able to understand the context of issues, take initiative to be well-informed to make decisions, and have good problem-solving skills.

Knowledge of Excel, Microsoft Visual Basic, SAS, R, Python, SQL or similar software.

Excellent communication and interpersonal skills.

Analytical.

Ability to handle significant workflow through efficient time management.

Ability to mentor junior team members.

*Open to Malaysian candidates with experience in actuarial valuation and/ or reserving within a general insurance companies.

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