Assistant Manager, Actuarial (Valuation)

Tokio Marine General Insurance; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading insurance company is seeking an Actuarial Manager with at least 5 years of experience in statutory reporting. In this role, you will manage the quarterly reserving workflow and perform MFRS17 analyses, providing critical support across various actuarial functions. Join a well-established group with a rich history in the insurance sector and make a significant impact in a dynamic environment.

Qualifications

• Minimum of 5 years General Insurance actuarial experience in a statutory reporting role.
• Good understanding of actuarial principles.
• Experience in IFRS17, SAS, ResQ, or ReMetrica is an added advantage.

Responsibilities

• Manage the quarterly reserving workflow for timely submission to BNM.
• Perform MFRS17 analyses and enhance the actuarial workflow.
• Provide technical support in ICAAP review and stress testing.

Skills

Numerical skills

Analytical skills

Actuarial principles

Education

Progress in actuarial examinations under CAS, IFoA, or AI

Tools

IFRS17

SAS

ResQ

ReMetrica

Job description

Add expected salary to your profile for insights.

• Reserving: Manage the quarterly reserving workflow for timely submission to BNM.
• Financial Condition Report: Communicate with various stakeholders to articulate necessary information and perform analyses to assist AA in preparing the FCR.
• MFRS17: Perform MFRS17 analyses and enhance the actuarial workflow for MFRS17 timely reporting.
• Capital Modelling: Perform the bi-annual internal capital modeling for TM Group solvency requirements.
• Risk Management: Provide technical support in ICAAP review, stress testing, risk tolerance limit assessment, and capital management plan updates.
• Reinsurance: Provide technical support during annual reinsurance treaty renewal.
• Experience Study: Perform experience analyses and review monitoring reports.
• Other ad-hoc projects or support as required.

Requirements

• Actively pursuing and making good progress in actuarial examinations under CAS, IFoA, AI, or equivalent actuarial professional bodies recognized by BNM.
• Minimum 5 years of General Insurance actuarial experience in the statutory reporting role.
• Strong numerical and analytical skills.
• Good understanding of actuarial principles.
• Experience in IFRS17, SAS, ResQ, or ReMetrica is an added advantage.

How do your skills match this job?

How do your skills match this job?

Sign in and update your profile to get insights.

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as an Actuarial Manager?

Insurance & Superannuation 101-1,000 employees

Tokio Marine Insurans (Malaysia) Berhad or TMIM is a subsidiary of Tokio Marine Asia Pte. Ltd. Singapore and its ultimate holding company is Tokio Marine Holdings Inc., in Japan. The Tokio Marine Group has had more than 140 years of history in Japan, being the oldest and one of the largest insurance groups in Japan. The group is engaged in a wide variety of businesses ranging from non-life insurance to life insurance, international insurance, financial, and other general businesses. The Group operates a worldwide network that spans 46 countries and regions to provide safety and security to customers.

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.