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IFRS17 & Modelling, Assistant Manager

Zurich 56 Company Ltd

Kuala Lumpur

On-site

MYR 60,000 - 90,000

Full time

17 days ago

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Job summary

Join a leading company in the actuarial field, where you will be pivotal in delivering actuarial analysis and optimizing fund reporting processes. This role involves collaboration across teams to enhance reporting systems, ensuring compliance with industry standards while providing opportunities for career growth.

Qualifications

  • 4-5 years of experience in IFRS 17 and takaful reporting.
  • Experience in fund reporting and actuarial tasks.
  • Proficient in troubleshooting and enhancing actuarial systems.

Responsibilities

  • Delivers routine actuarial tasks under minimal supervision.
  • Supports design and setup of Takaful fund reporting.
  • Collaborates with teams to ensure accurate data input.

Skills

Actuarial analysis
Quantitative risk management
Data analysis

Education

Bachelor's degree in actuarial science
Mathematics
Statistics
Finance

Job description

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Job Summary

Delivers routine actuarial tasks and recommendations requiring minimal supervision, and performs complex actuarial analyses under the supervision of senior actuaries, related to reserving, reporting, quantitative risk management, or pricing of business.

Job Functions

Supports the design and setup of Takaful columnar fund reporting in Group Actuarial Central Engine (ACE).

Troubleshoots issues and proposes solutions to address ACE system limitations.

Enhances Prophet and DCS to meet the requirements for columnar reporting in ACE.

Collaborates with the FAR team to obtain accurate data input for fund reporting in ACE and clarifies reporting requirements.

Provides support for takaful calculations in ACE.

Reviews ACE-generated results to ensure they meet reporting requirements and align with BNM, industry, and MTA expectations.

Designs and proposes new SOPs for the process of preparing fund reporting.

Documents methodologies, limitations, or workarounds applied in ACE.

Preferred candidate has 4-5 years of experience in IFRS 17 and takaful reporting.

Job Qualifications

Required:

Bachelor's degree in actuarial science, mathematics, statistics, finance, or related field, with 5 or more years of experience.

You are the heart & soul of Zurich!

At Zurich, we encourage innovative thinking and challenge the status quo. We focus on positive outcomes and ask, "What can go right?"

We value our employees' experience and expertise, offering various opportunities across business areas to support your career growth within Zurich.

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