Assistant Manager, Actuarial

Credit Guarantee Corporation Malaysia Berhad; Selangor; On-site; MYR 120,000 - 210,000; Full time

Job summary

Credit Guarantee Corporation Malaysia Berhad in Malaysia seeks an experienced actuarial and risk analytics professional to evaluate pricing assumptions, models, and product features for new proposals. The role includes reviewing profitability, claims experience, and portfolio mix to improve pricing and performance.

You will maintain and enhance the stress testing framework, support scenario development, and assist in capital management and governance reporting.

Qualifications

• Bachelor's, Master's, or professional degree in Statistics, Mathematics, Actuarial Science, Economics, Business Admin, Finance, Banking or Accountancy.
• Progress in actuarial exams under IFoA, CAS, SOA, or equivalent is advantageous.
• 4+ years in actuarial, stress testing, or research roles in credit risk or financial services.

Responsibilities

• Evaluate pricing assumptions, models, and product features for new proposals.
• Assist in reviewing profitability, claims experience, and portfolio mix to inform pricing and performance.
• Maintain and enhance stress testing framework and governance.
• Contribute to scenario development using macroeconomic indicators and periodic reviews of models.
• Analyze capital adequacy and support ALCO reporting.
• Conduct experience studies, claims ratio analysis, and trend monitoring for pricing and underwriting.

Skills

Communication

Report writing

Presentation

Team player

Stress management

Education

Bachelor's degree

Master’s degree

Professional degree

Tools

SAS

Python

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

Evaluate pricing assumptions, models, and product features for new product proposals.

Assist in reviewing product profitability, claims experience, and portfolio mix to inform pricing recommendations and enhance product performance.

Stress Testing

Assist in maintaining and enhancing the stress testing framework, including methodology, documentation, and governance.

Support enterprise-wide stress testing across market, credit, capital, and operational risks.

Contribute to scenario development using macroeconomic and financial indicators.

Support periodic reviews and updates of stress testing assumptions and models to ensure relevance and accuracy.

Capital Management

Assist in analysing capital adequacy and identifying mitigation actions.

Support reporting of capital-related risks to Asset Liability Committee Meeting (ALCO).

Actuarial and Risk Analytics

Conduct experience studies, claims ratio analysis, and trend monitoring to inform pricing, underwriting, and guarantee strategies.

Apply statistical and actuarial methods to analyse claim emergence patterns, default probabilities, and recovery rates across different guarantee schemes.

Develop and maintain frequency‑severity models for the guarantee portfolio to estimate expected losses, tail risks, and capital requirements.

Governance and Reporting

Prepare the papers and slides with the key outcomes from the completed analysis to Management and Board Level Committees.

Ensure timely and accurate reporting aligned with regulatory and internal standards.

Job Requirement:

Qualification: Candidate must possess at least a Bachelor's Degree, Master’s Degree and/

Or Professional Degree, in Statistics, Mathematics, Actuarial Science, Economics, Business Administration, Finance, Banking or Accountancy. Progress in actuarial exams under IFoA, CAS, SOA, or equivalent is added advantage.

Experience: More than 4 years of working experience in actuarial and stress testing, and/or in a research-related role, preferably within the credit risk or financial services industry.

Knowledge: Knowledge of SAS, Python, and other statistical or analytical tools used in credit risk modeling will be an added advantage

Skills/ Competencies: Excellent communication and report writing skills. Able to present reports to

Management and Board. Team player and able to work under stress.