Non-Life Actuarial Manager from a direct insurer (Malaysia)
Job Summary
Leads a team to deliver routine actuarial tasks and recommendations requiring minimal 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 - Key Accountabilities
- Main responsibilities include local and group valuation, Financial Condition Report, Internal Capital Adequacy Assessment Process (ICAAP), planning and forecasting, capital management and IFRS 17 reporting.
- Provide actuarial services with minimal supervision of a more experienced actuary to fulfill routine business requirements and to solve problems with a low to moderate level of complexity diversity.
- Perform complex statistical analyses, model, monitor and analyze data and develop models and programs for model building and analyses; interpret results of models and analyses to support business decision making.
- Participate in analyses related to activities outside of normal responsibilities. Provide professional actuarial support and advice to actuarial business partners including insights into underlying performance and implications for the business.
- Manage the flow and quality of relevant actuarial data to ensure robust output.
- Support development of risk based capital models and calibration and parameterization activities.
- Ensure that processes and standards are consistent with internal actuarial policies; lead the improvement of systems and processes in own area.
- Lead, train and develop actuarial personnel.
Job Requirements
- Minimum of 5 years of relevant experience in actuarial, pricing or other related fields.
- Bachelor degree in Actuarial Science, Statistics, Mathematics or in related field.
- Made good progress in actuarial exams since career inception.
- Possess relevant work experience and knowledge in statutory valuation, FCR, ICAAP, RBC and IFRS17.
- Strong problem solving, project management and decision-making skills.
- Strong communication and interpersonal skills.
- Added advantage (but not necessary) in your job application: actuarial software (eg ResQ), advanced coding skills (eg SAS, SQL, Python)