Corporate Actuary

Pinnacle Enterprise Risk Consulting Services, LLC; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading reinsurance company is seeking a qualified actuary to join their regional P&C Actuarial Reserving team in Kuala Lumpur. This role involves statutory filings, group reserving across Asian markets, and leading a team of junior actuaries, making it essential for contributing to the company's risk management strategies and ensuring compliance with regulations.

Qualifications

• Qualified Actuary with minimum 10 years in Property & Casualty insurance/reinsurance.
• Strong knowledge of Malaysian statutory/regulatory environment.
• Ability to prioritize and work under pressure.

Responsibilities

• Serve as Appointed Actuary for the SRAL Malaysia branch's Conventional reporting.
• Lead evaluation and preparation of group reserving across Asia.
• Collaborate with regulators and auditors.

Skills

Actuarial valuation

Communication

Project management

Risk management

Data analytics

Education

Degree in actuarial science

Degree in mathematics

Degree in finance

Job description

Location: Kuala Lumpur, MY

Position summary:

Swiss Re is seeking a qualified actuary to join its regional P&C Actuarial Reserving team, reporting to the Head of Actuarial Reserving P&C SID & China.

The position is responsible for preparing statutory filings and attending to statutory matters for the legal entity Swiss Re Asia Pte Ltd Malaysia Branch, as well as fulfilling the role of Signing / Appointed Actuary for the branch (both Conventional and Retakaful). The role also involves leading the evaluation and preparation of group reserving for portfolios across Asian markets (Southeast Asia, India, Korea, and Greater China).

Responsibilities:

1. Serve as the Appointed Actuary for the SRAL Malaysia branch's Conventional reporting and as Signing Actuary for Retakaful reporting.
2. Lead the evaluation and preparation of group reserving for portfolios in Asia markets.
3. Maintain knowledge of IFRS17 standards.
4. Support other regional Appointed Actuaries regarding relevant portfolios.
5. Represent Swiss Re at actuarial and industry forums, fostering relationships with senior actuaries in the region.
6. Collaborate with regulators and auditors on routine and special matters.
7. Make recommendations to reserve committees and branch management.
8. Assist the Head of Actuarial & Reserving APAC with actuarial and statutory reporting.
9. Engage with underwriting teams regarding reserving feedback and product analysis.
10. Participate in internal audits and other projects as assigned.
11. Support other company departments, including Finance and Planning.
12. Lead and develop regional junior actuarial resources in data analytics capabilities.
13. Supervise junior actuaries in Kuala Lumpur.

Position Requirements:

• Qualified Actuary
• At least 10 years of experience in Property & Casualty insurance/reinsurance
• Degree in actuarial science, mathematics, or finance
• Eligibility to serve as Appointed Actuary for Swiss Re Asia Pte Ltd Malaysia Branch; prior statutory role experience preferred
• Strong knowledge of Malaysian statutory/regulatory environment; familiarity with other APAC countries is a plus

• Solid actuarial valuation and reporting skills; understanding of accounting, systems, and investments
• Experience with risk-based capital frameworks
• Excellent communication skills, both written and verbal
• Strong business acumen and risk management understanding
• Proactive and independent work style
• Effective project management skills
• Willingness to take on additional responsibilities and add value
• Ability to prioritize and work under pressure

About Swiss Re:

Swiss Re is a leading provider of reinsurance, insurance, and risk transfer solutions, committed to making the world more resilient. With over 14,000 employees worldwide, we cover risks from natural disasters to cyber threats, across Property & Casualty and Life & Health sectors. We foster an inclusive culture that encourages diversity, innovation, and professional growth.

We welcome professionals returning from career breaks to apply for suitable roles.

Keywords:

Reference Code: 133364

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