Deputy Manager, Special Projects Team, ECAP & ALM

Prudential Group; Kuala Lumpur; On-site; MYR 100,000 - 120,000; Full time

Job summary

A leading insurance firm in Kuala Lumpur is seeking a Deputy Manager for the Special Projects Team. This role involves supporting strategic initiatives and ensuring financial goals are met through various activities, including asset-liability matching and regulatory compliance. Candidates should have a degree in actuarial sciences and at least 8 years of experience. Strong leadership, analytical, and communication skills are crucial. This position offers the opportunity to drive significant impacts within the company.

Qualifications

• Minimum 8 years of experience in related fields.
• Knowledge of Takaful model and local regulatory framework is advantageous.
• Candidates who are qualified or nearly qualified are preferred.

Responsibilities

• Support Team Lead in BaU and key initiatives.
• Conduct asset-liability matching and strategic asset allocation.
• Provide short-term resourcing support to other sub-teams.

Skills

Leadership skills

Analytical and problem-solving skills

Communication skills

Education

Degree in Actuarial Sciences

Professional Qualification in Actuarial Sciences

Job description

PBTB | Deputy Manager, Special Projects Team, ECAP & ALM

2mo ago , from Prudential Assurance Company Singapore

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

The Special Project team is involved in BaU and key initiatives. Team member will support the Team Lead in carrying out identified initiatives and tasks for increasing Shareholder Value.

Role and Responsibilities:

• The Special Projects team has a unique role in ensuring the Company financial and strategic goals are achieved. Team members will have the opportunity to work on both Business as Usual (“BaU”) and key initiatives.
• Key BaU related activities include (i) asset‑liability matching (“ALM”) / Strategic Asset Allocation (“SAA”) investigations, (ii) optimisation of valuation bases and (iii) assist with ensuring governance related requirements are kept up-to-date (e.g. carrying out gap assessments, updating existing policy documents, drafting new policies to address new regulatory needs).
• Key initiatives are intended to improve the Shareholder value of the company, and thus, is expected to cover a wide range of activities. Such activities include carrying out financial assessments on potential company initiatives, as well as identifying and implementing opportunities for improving the value of the in‑force block of business.
• Team members will also be expected to provide short‑term resourcing support to other sub‑team within the Actuarial Services function (e.g. to meet short deliverable timelines, etc).
• The successful candidates for the Special Projects team will be those who have a passion in employing their technical and non‑technical skills to solve for a variety of challenges and who is curious to learn about new things.

Qualification and Experience:

• Degree and/or Professional Qualification in Actuarial Sciences.
• Candidates who are qualified or nearly qualified are preferred (will be advantageous).
• Minimum 8 years’ experience
• Knowledge of Takaful model and products and the local regulatory framework will be an advantage.
• Good leadership skills.
• Good analytical and problem solving skills.
• Good communication skills.
• Able to work under pressure and deliver within tight deadlines.
• Driven by high desire to acquire knowledge and to deliver results.
• Display high level of trust and sense of responsibility.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part‑time / fixed‑term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third‑party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.