Actuarial Valuation Lead: MFRS17 & Reserving

Tokio Marine General Insurance; Kuala Lumpur; On-site; MYR 70,000 - 100,000; Full time

Job summary

A leading insurance company in Kuala Lumpur is seeking an experienced actuarial professional to manage their reserving workflow and financial condition reporting. The ideal candidate should have strong analytical skills, experience in statutory reporting, and a solid understanding of actuarial principles, with a minimum of 4 years in the General Insurance sector. Familiarity with IFRS17 and relevant software tools is a plus. This role offers the opportunity to contribute to risk management and capital modeling within the organization.

Qualifications

• Actively pursuing relevant actuarial examinations with good progress.
• Minimum 4 years of General Insurance actuarial experience in statutory reporting.
• Strong numerical and analytical skills.
• Good understanding of actuarial principles.
• Experience in IFRS17, SAS, ResQ or ReMetrica is a plus.

Responsibilities

• Manage quarterly reserving workflow for timely submission to BNM.
• Communicate with stakeholders for the Financial Condition Report.
• Perform MFRS17 analyses and enhance actuarial workflow.
• Conduct bi-annual internal capital modeling for solvency.
• Provide technical support in ICAAP review, stress testing, and risk management.
• Offer support during annual reinsurance treaty renewal.
• Perform experience analyses and review monitoring reports.
• Assist with other ad-hoc projects as required.

Skills

Strong numerical skills

Analytical skills

Education

Actuarial examinations under CAS, IFoA, AI or equivalent

Tools

IFRS17

SAS

ResQ

ReMetrica

Job description

A leading insurance company in Kuala Lumpur is seeking an experienced actuarial professional to manage their reserving workflow and financial condition reporting. The ideal candidate should have strong analytical skills, experience in statutory reporting, and a solid understanding of actuarial principles, with a minimum of 4 years in the General Insurance sector. Familiarity with IFRS17 and relevant software tools is a plus. This role offers the opportunity to contribute to risk management and capital modeling within the organization.