Manager, Actuarial Services

We are seeking a Manager, Actuarial Services to join our team in Kuala Lumpur.

The successful candidate will be responsible for assisting the Head of Local Reporting & Par Fund Management to define and implement appropriate Actuarial standards and work processes in relation to the provision of actuarial services of the Company.

Key responsibilities include:

• Supporting and leading RBC2 implementation initiatives, including interpretation of regulatory requirements and translation into actuarial methodologies, reporting processes, controls and documentation
• Performing quantitative impact assessments, QIS / parallel runs and business readiness activities
• Ensuring actuarial models used for RBC2 valuation and solvency projections are accurate and robust
• Delivering statutory actuarial reporting, including reserves, Capital Adequacy Ratio and analysis of sources of surplus arising
• Supporting the Capital Management Plan, stress testing, ICAAP and Individual Target Capital Level assessments
• Coordinating and supporting responses to queries from stakeholders
• Analysing and communicating key drivers of reserve, earnings and capital movements
• Providing financial analysis and actuarial technical support for company initiatives
• Strengthening governance, controls and documentation over RBC2 processes
• Driving process improvement, automation and simplification initiatives
• Providing coaching, guidance and on-the-job development to team members

The ideal candidate will have:

• A degree in Actuarial Science / Mathematics / Statistics / Physics or other physical sciences or numerate discipline
• Qualifications as an actuary from a recognised actuarial body or be actively pursuing professional actuarial examinations
• At least 5 years of relevant actuarial experience in life insurance, preferably in valuation, statutory reporting, capital management or regulatory reporting
• Strong understanding of life insurance valuation, capital management and regulatory reporting requirements
• Strong analytical, communication and stakeholder management skills
• Experience with Prophet, Alteryx and other actuarial modelling tools is preferred