Corporate Actuary

OU Health; Kuala Lumpur; On-site; MYR 180,000 - 250,000; Full time

Job summary

OU Health is seeking a Qualified Actuary for its long-standing team, responsible for statutory filings and reserving evaluations across Asia markets. This senior role requires extensive experience in Property & Casualty insurance, with strong leadership skills and regulatory knowledge essential for effective performance. Join a leading reinsurance provider and contribute to innovative risk transfer solutions while fostering professional growth.

Benefits

Flexible working arrangements

Inclusive workplace culture

Opportunities for professional growth

Qualifications

• Qualified Actuary with a minimum of 10 years' experience in Property & Casualty insurance.
• Good knowledge of Malaysia statutory and regulatory environments; familiarity with other APAC countries is advantageous.
• Proactive, independent, and excellent project management skills.

Responsibilities

• Lead the evaluation and preparation of group reserving for portfolios of Asia markets.
• Support Appointed Actuaries for other regional branches and represent Swiss Re at industry forums.
• Supervise junior actuaries in the Kuala Lumpur office.

Skills

Interpersonal skills

Communication

Project management

Risk management

Education

University degree in actuarial science, mathematics, or 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 includes leading the evaluation and preparation of group reserving for portfolios of Asia markets (Southeast Asia, India, Korea, and Greater China).

Responsibilities:

1. Take the responsibilities of the Appointed Actuary for the SRAL Malaysia branch Conventional reporting, and Signing Actuary for SRAL Malaysia branch Retakaful reporting.
2. Lead the evaluation and preparation of group reserving for portfolios of Asia markets (Southeast Asia, India, Korea, and Greater China).
3. Maintain knowledge of IFRS17 standards.
4. Support Appointed Actuaries for other regional branches regarding the portfolios managed by this position.
5. Represent Swiss Re at actuarial and industry forums; maintain and forge relationships with senior actuaries in the region.
6. Work with regulators and internal/external auditors on routine and special matters.
7. Make recommendations to reserve committees and branch management.
8. Support the Head of Actuarial & Reserving APAC on actuarial matters and statutory reporting as needed.
9. Engage in discussions with underwriting regarding reserving feedback and product analysis.
10. Participate in other projects, including internal underwriting audits.
11. Support other company areas such as Finance and Planning.
12. Provide leadership to regional junior actuarial resources, fostering their development in data analytics capabilities.
13. Supervise junior actuaries in the Kuala Lumpur office.

Position Requirements:

• Qualified Actuary.
• Minimum of 10 years' experience in Property & Casualty insurance/reinsurance.
• University degree in actuarial science, mathematics, or finance.
• Meet the requirements for Appointed Actuary of Swiss Re Asia Pte Ltd Malaysia Branch; previous statutory role experience preferred.
• Good knowledge of Malaysia statutory and regulatory environments; familiarity with other APAC countries is advantageous.

• Solid actuarial valuation and reporting experience; strong understanding of accounting, information systems, and investments.
• Practical experience with risk-based capital frameworks.
• Excellent interpersonal, communication, and written skills in complex environments.
• Strong business acumen and risk management understanding.
• Proactive, independent, and self-motivated.
• Excellent project management skills.
• Demonstrates initiative and willingness to take on additional responsibilities.
• Ability to work under pressure and prioritize tasks effectively.

About Swiss Re:

Swiss Re is a leading provider of reinsurance, insurance, and risk transfer solutions, committed to making the world more resilient. We manage a wide range of risks, including natural catastrophes, climate change, and cyber threats. Our global team of over 14,000 employees collaborates to create innovative solutions for our clients.

We foster an inclusive culture that values diverse perspectives and encourages professional growth. We support a workplace where everyone can bring their authentic selves, regardless of age, gender, race, ethnicity, gender identity, sexual orientation, physical or mental abilities, or other characteristics. Our environment promotes sustainability and flexible working arrangements.

If you are an experienced professional returning to work after a career break, we welcome your application for suitable roles.

Keywords:

Reference Code: 133364

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