MANAGER, ACTUARIAL AUDIT, ASIA

Allianz; Kuala Lumpur; On-site; MYR 180,000 - 320,000; Full time

Job summary

Allianz SE Singapore Branch in Kuala Lumpur, Malaysia, is seeking a Senior Actuarial Audit professional to independently plan, lead and manage audits across Life, P&C and Health actuarial functions within the Asia-Pacific region.

The role requires strong actuarial expertise, audit experience, and the ability to work with CFO teams and regional stakeholders to ensure independence and objectivity.

Qualifications

• Bachelor level education in Actuarial Science or a quantitative discipline.
• Professional actuarial qualification or substantial progress toward qualification.
• More than 5 years actuarial experience, and preferably with internal/external audit or actuarial consulting experience.
• Strong technical and ethical characteristics.
• Ability to see the big picture while remaining curious and driven.
• Excellent verbal and written communication skills.
• Proficient in Microsoft Office and AI tools.
• Fluency in English; Mandarin, Bahasa, or Thai would be an advantage.
• Knowledge of finance, risk management, reinsurance and asset/investment management.
• Experience with IFRS17 and Solvency II would be an advantage.

Responsibilities

• Plans, executes and performs risk assessments for audits of actuarial functions across Life, P&C and Health and related CFO areas.
• Performs and supervises two or more audits concurrently where required.
• Maintains effective relationships with C-suite and regional stakeholders across Operating Entities and lines of business.
• Monitors regional developments and reflects insights in actuarial audit risk assessments.
• As regional SME, provides inputs to actuarial audit reports and answers questions from the regional community.
• Provides consultative support for regional actuarial projects while maintaining independence.

Skills

Actuarial expertise

Audit experience

Communication skills

Multilingual capability

Interpersonal skills

Education

Bachelor in Actuarial Science or quantitative discipline

Professional actuarial qualification or progress toward qualification

Tools

Microsoft Office

AI tools (ChatGPT/CoPilot/Claude)

Job description

Entity: Allianz SE Singapore Branch

Job role location: Kuala Lumpur, Malaysia

Job Purpose

Independently plan, lead, perform and manage Actuarial-related audits across Operating Entities and all relevant lines of business within the AsiaPacific region

Future Challenges

• Strengthen a regional audit centre of expertise that is trusted and respected by both the business and audit community
• Coach regional audit community to achieve minimum baseline knowledge of Actuarial
• Identify and coach selected auditors with sufficient skill and motivation to execute independently (or with minimal support) Actuarial audits

What you do

• Plans, executes and performs risk assessments for audits of actuarial functions across Life, P&C and Health, including Corporate Actuarial and Pricing, as well as related audit areas under CFO area such as Regulatory Reporting including IFRS 17, Qualitative Risk Management, Tax and Capital Management, Risk Capital and Risk Figures Calculation, Technical Product Controlling, Reinsurance, and Investment Management.
• Performs and supervises two or more audits concurrently, where required
• Maintains effective working relationships with the C-suite (in the CFO and Technical Product areas) across all Operating Entities (including regional stakeholders) and lines of business
• Monitors Operating Entities developments through regular interactions with regional and Operating Entities Chief Actuaries and product/pricing teams, and reflects these insights in the Actuarial audit risk assessment
• As regional audit subject-matter expert, provides inputs to Actuarial related audit reports/submissions and be a point of reference for questions from the regional audit community
• Provides consultative support for Actuarial regional projects, while maintaining Internal Audit’s independence and objectivity

What you bring

• Bachelor level education in an Actuarial Science and/or quantitative discipline (i.e. Mathematics, Statistics, Finance, Economics).
• Professional actuarial qualification or substantial progress toward qualification with a recognised actuarial body.
• More than 5 years of actuarial experience, and preferably with internal/external audit or actuarial consulting experience
• Strong technical (actuarial) and ethical characteristics
• Ability to see the "big picture" while remaining curious and driven
• Ability to deal effectively with a variety of people and business situations
• Trusted partner to the business
• Open-minded, a good listener and able to empathize with the auditee and understand the situation from their perspective
• Good verbal and written communication skills - to tactfully bring across the audit issues both verbally and in the audit report
• Proficient in Microsoft Office - Word, Excel and PowerPoint & AI Skills e.g. ChatGPT, CoPilot, Claude etc
• Fluency in English, Mandarin, Bahasa, or Thai would be an advantage
• Knowledge and understanding of finance, risk management, reinsurance and asset/investment management
• Prior exposure to IFRS17 and Solvency II requirements would be an advantage
• Experience in performing audits of Corporate Actuarial, Actuarial Pricing, Risk Capital Calculation, Technical Product Controlling and Reinsurance Management

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us . Let's care for tomorrow.