Actuarial Assistant Manager

Sinergia Talents; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

An actuarial services firm in Kuala Lumpur is seeking an Actuary to deliver routine and complex actuarial tasks with minimal supervision. The role involves local and group valuation, Financial Condition Reports, and model development. The ideal candidate will support business decision-making through statistical analyses and provide professional actuarial advice to business partners. Responsibilities also include managing actuarial data quality and assisting in training developing actuarial personnel.

Responsibilities

• Main responsibilities include local and group valuation, Financial Condition Report, Internal Capital Adequacy Assessment Process (ICAAP), planning and forecasting.
• Provide actuarial services with minimal supervision to fulfill routine business requirements.
• Perform complex statistical analyses and develop models for decision-making.
• Participate in analyses related to activities outside of normal responsibilities.
• Provide actuarial support and insights to business partners.
• Manage the flow and quality of relevant actuarial data.
• Support development of risk based capital models.
• Ensure processes adhere to internal actuarial policies.
• Assist in training and development of actuarial personnel.

Job description

Delivers routine actuarial tasks and recommendations requiring minimal 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 Responsibilities

• 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/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.
• Assist the training and development of actuarial personnel.