Corporate Actuary

National Association of Mutual Insurance Companies; Kuala Lumpur; On-site; USD 80,000 - 120,000; Full time

Job summary

A leading provider of reinsurance is seeking a Qualified Actuary in Kuala Lumpur. The role encompasses statutory filings and group reserving for various Asian markets. Ideal candidates will hold a university degree in actuarial science and possess substantial experience in Property & Casualty insurance.

Qualifications

• Qualified Actuary.
• Minimum of 10 years' experience in Property & Casualty insurance/reinsurance.
• Good knowledge of Malaysian statutory and regulatory environments.

Responsibilities

• Prepare statutory filings and attend to statutory matters.
• Lead the evaluation and preparation of group reserving for Asian markets.
• Collaborate with regulators and internal/external auditors.

Skills

Interpersonal Skills

Project Management

Data Analytics

Communication

Actuarial Valuation

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 involves leading the evaluation and preparation of group reserving for portfolios of Asian 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 Asian 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, maintaining and forging relationships with senior actuaries in the region.
6. Collaborate with regulators and internal/external 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 matters and statutory reporting requirements.
9. Engage in discussions with underwriting regarding reserving feedback and product analysis.
10. Participate in other projects, including internal underwriting audits.
11. Support other departments such as Finance and Planning.
12. Lead and develop regional junior actuarial resources, especially in data analytics capabilities.
13. Supervise junior actuaries in Kuala Lumpur.

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 is preferred.
• Good knowledge of Malaysian statutory and regulatory environments; familiarity with other APAC countries is advantageous.
• Solid experience in actuarial valuation and reporting, with a good understanding of accounting, information systems, and investments.
• Practical experience with risk-based capital frameworks.
• Excellent interpersonal, communication, and project management skills.
• Proactive, independent, and able to work under pressure.
• Ability to add value and take on additional responsibilities.

About Swiss Re:

Swiss Re is a leading provider of reinsurance, insurance, and risk transfer solutions worldwide, committed to making the world more resilient. We operate in various risk domains, including natural catastrophes, climate change, and cyber threats, across Property & Casualty and Life & Health sectors. With over 14,000 employees globally, we foster an inclusive culture that values diversity, innovation, and professional growth. We encourage applications from professionals returning to the workforce after a career break.

Keywords:

Reference Code: 133364

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