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Assistant Manager Actuarial

Manulife Financial

Kuala Lumpur

Hybrid

MYR 60,000 - 100,000

Full time

12 days ago

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Job summary

An established industry player is seeking a dedicated actuarial professional to join their dynamic team. This role focuses on the development and analysis of financial models essential for IFRS17 and MFRS17 reporting, ensuring accurate financial performance assessment. The ideal candidate will possess strong analytical skills, a degree in Actuarial Science, and a passion for delivering high-quality results. The company promotes a values-driven culture, offering opportunities for professional growth and a supportive work environment. If you are eager to contribute your expertise in a collaborative setting, this is the perfect opportunity for you.

Benefits

Competitive salary and benefits
Flexible work policies
Professional development opportunities
Strong work-life balance

Qualifications

  • 3-5 years relevant experience in actuarial roles.
  • Good progress in actuarial professional exams is preferred.

Responsibilities

  • Develop and analyze actuarial financial models for reporting.
  • Liaise with auditors and ensure accurate financial reporting.

Skills

Analytical Skills
Time Management
Interpersonal Skills
Actuarial Theories Application

Education

Degree in Actuarial Science
Degree in Statistics
Degree in Mathematics

Job description

The opportunity

This position is accountable for the accurate and timely development, production and analysis of actuarial financial models and management information for IFRS17 and MFRS17 reporting. These form the basis for assessing the Company’s financial performance and position. This position shares accountabilities with other departments such as Finance for the accurate and timely development, production, and analysis of financial reports.

Responsibilities

  • For IFRS 17 / MFRS 17 and financial statement related reporting:

    • Management information submission

    • Driver of earnings analysis

    • Valuation control (booking control, inclusion control, reserve trend & movement analysis, spreadsheet control and annual spotcheck)

    • Annual basis change

    • Liaise with external and internal auditor

  • For other OSFI requirements and reporting

    • LICAT capital reporting and sensitivity

    • Par Adequacy Testing

    • Economic Capital Sensitivity

    • Appointed Actuary Report

  • Experience monitoring and studies

  • Maintain and improve documentation of tasks for general reference

  • Initiate process improvements and streamline tasks

  • Other regional analysis and submissions as required
    Provide support for other actuarial related matters and ad-hoc projects/initiatives from time to time

What motivates you?

  • You obsess about customers, listen, engage and act for their benefit.

  • You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.

  • You thrive in teams and enjoy getting things done together.

  • You take ownership and build solutions, focusing on what matters.

  • You do what is right, work with integrity and speak up.

  • You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for

  • Preferably 3-5 years relevant experience.

  • Degree in Actuarial Science, Statistics, and Mathematics.

  • Good progress in actuarial professional exams.

  • Good time management and analytical skills.

  • Demonstrate ability to apply actuarial theories to develop practical solutions to various assignments and projects.

  • Good interpersonal skill

What can we offer you?

  • A competitive salary and benefits packages.

  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.

  • A focus on growing your career path with us.

  • Flexible work policies and strong work-life balance.

  • Professional development and leadership opportunities.

Our commitment to you

  • Values-first culture
    We lead with our Values every day and bring them to life together.

  • Boundless opportunity
    We create opportunities to learn and grow at every stage of your career.

  • Continuous innovation
    We invite you to help redefine the future of financial services.

  • Delivering the promise of Diversity, Equity and Inclusion
    We foster an inclusive workplace where everyone thrives.

  • Championing Corporate Citizenship
    We build a business that benefits all stakeholders and has a positive social and environmental impact.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit our story.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Working Arrangement

Hybrid

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