MANAGER, ACTUARIAL AUDIT, ASIA

Allianz Commercial; Kuala Lumpur; On-site; MYR 120,000 - 240,000; Full time

Job summary

Allianz SE Singapore Branch in Kuala Lumpur, Malaysia, seeks an experienced actuary to lead actuarial audits across Life, P&C and Health. The role spans CFO-related areas including IFRS 17, regulatory reporting, and risk management.

You will partner with regional Chief Actuaries and product teams to drive audit quality and independence. Candidates bring 5+ years in actuarial work, a strong ethical compass, and excellent communication.

Qualifications

• Bachelor-level education in Actuarial Science or quantitative field.
• Professional actuarial qualification or significant progress toward one.
• 5+ years actuarial experience; audit or actuarial consulting preferred.
• Strong technical actuarial skills and high ethical standards.
• Ability to see the big picture while staying curious.
• Excellent verbal and written communication with stakeholders.
• Proficiency in Microsoft Office and AI tools.

Responsibilities

• Plan, executes and performs actuarial-related audits across Life, P&C and Health.
• Lead multiple audits concurrently and manage audit risk assessments.
• Maintain relationships with C-suite and regional stakeholders across operating entities.
• Monitor regional developments and reflect insights in audit risk assessments.
• Provide inputs to actuarial audit reports and act as SME for regional audits.
• Offer consultative support for regional actuarial projects while maintaining independence.

Skills

Actuarial Audits

Audit Leadership

IFRS 17

Solvency II

Communication

MS Office

AI Tools

Ethics

Stakeholder Management

Education

Bachelor in Actuarial Science or quantitative discipline

Actuarial qualification or progress toward qualification

Tools

MS 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.