Appointed Actuary, GI

Hays Recruiting MY; Kuala Lumpur; On-site; MYR 120,000 - 150,000; Full time

Job summary

A leading general insurer in Kuala Lumpur is seeking an Appointed Actuary to oversee statutory actuarial obligations and contribute to strategic decisions. The role demands a qualified actuary with extensive experience in the Property & Casualty insurance sector. You will engage with senior management and influence key business decisions while maintaining high professional standards.

Benefits

Attractive compensation package

1-month contractual bonus

High level of autonomy

Qualifications

• Minimum of 10 years' experience in the Property & Casualty insurance industry.
• Strong track record in Reserving and Pricing functions.

Responsibilities

• Responsible for fulfilling all statutory actuarial obligations.
• Prepare and sign off on key actuarial reports.
• Serve as an independent advisor to the Board.

Skills

Leadership

Project Management

Organisational Skills

Education

Bachelor’s degree in Actuarial Science

Job description

Your new company
This company is a general insurer with a long-standing presence in the industry. It offers a variety of personal and commercial insurance products, including motor, fire, and general accident coverage. With nationwide operations and several branches across key cities, it caters to both individual and corporate clients. The company emphasises localised service, financial stability, and practical insurance solutions for everyday needs. Over the years, it has established a reputation for reliability, particularly in motor insurance.

Your new role
As the Appointed Actuary, you will be responsible for fulfilling all statutory actuarial obligations under local insurance regulations. This includes preparing and signing off on key actuarial reports such as the Financial Condition Report (FCR), Liability Valuations, and Risk-Based Capital calculations. You will serve as an independent advisor to the Board and senior management, ensuring the adequacy of reserves and the financial soundness of the company. You will be expected to maintain high professional standards, demonstrate sound judgment, and contribute to strategic decisions and transformation, particularly in relation to solvency, risk, and long-term sustainability.

What you'll need to succeed
- Bachelor’s degree in Actuarial Science or similar and currently pursuing the Actuarial Professional Exam
- Qualified Actuary
- Minimum of 10 years' experience in the Property & Casualty (P&C) insurance industry, with a strong track record in both Reserving and Pricing functions
- Strong leadership, project management and organisational skills

What you'll get in return
- Attractive compensation package inclusive of a 1-month contractual bonus
- Opportunity to influence business decisions and risk management strategy at the highest level, including Board and C-suite engagement
- High level of autonomy with recognition as a key signatory and statutory leader under local insurance regulations

What you need to do now
If this opportunity interests you, click ‘Apply Now’ to take the next step in your career. For more information or a confidential discussion about other roles within the insurance sector, feel free to contact Yi Ling at Hays on [phone] or via email at [e-mail]
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.

#1275922 - YiLing Chai