Corporate Actuary

Intertek Holding Deutschland GmbH; Kuala Lumpur; On-site; MYR 180,000 - 250,000; Full time

Job summary

A leading provider of reinsurance and insurance, Swiss Re, is looking for a Qualified Actuary in Kuala Lumpur. The role entails responsibilities in statutory actuarial reporting and leading group reserving for Asian markets, requiring extensive experience in Property & Casualty insurance. Candidates should possess strong actuarial skills, good communication, and be proactive in their approach. This position offers an opportunity to impact local and regional actuarial functions within a globally recognized firm.

Qualifications

• Qualified Actuary with minimum of 10 years' experience in insurance/reinsurance.
• Good knowledge of Malaysian statutory and regulatory environments.
• Experience with risk-based capital frameworks.

Responsibilities

• Act as Appointed Actuary for SRAL Malaysia branch for Conventional and Retakaful reporting.
• Lead evaluations and preparation of group reserving for Asian markets.
• Coordinate with regulators and manage routine and special matters.

Skills

Actuarial valuation

Reporting skills

Interpersonal skills

Communication skills

Project management skills

Risk management understanding

Education

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 responsibility as 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. Coordinate 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. Provide leadership to regional junior actuaries, fostering their development 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 preferred.
• Good knowledge of Malaysian statutory and regulatory environments; familiarity with other APAC countries preferred.

• Strong actuarial valuation and reporting skills. Good understanding of accounting, information systems, and investments.
• Practical experience with risk-based capital frameworks.
• Excellent interpersonal and communication skills, both written and verbal.
• Sound business sense and risk management understanding.
• Proactive, independent, and a self-starter.
• Excellent project management skills.
• Willing to take additional responsibilities and add value.
• 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 cover natural catastrophes, climate change, cyber risks, and more, with over 14,000 employees worldwide. We foster an inclusive culture that values diversity, innovation, and professional growth. We welcome professionals returning to the workforce after a career break to apply.

Keywords:

Reference Code: 133364

Make an impact:

Start your career journey with Swiss Re.