Risk Assurance Lead, Second Line

Sun Life Malaysia Assurance Berhad; Kuala Lumpur; On-site; MYR 180,000 - 240,000; Full time

Benefits offered by this job

Medical

Dental

Birthday Leave

Public Holiday Replacement Leave

Job summary

Sun Life Malaysia Assurance Berhad is seeking a Risk Management Manager to support independent identification, assessment, monitoring and reporting of financial and takaful risks, acting as a second-line risk review function in line with the company’s risk framework and BNM expectations.The role focuses on technical risk review, analysis and reporting, with oversight from senior management, and contributes to the development and capability of team members to ensure timely, accurate risk

Qualifications

• Degree in Actuarial Science, Finance, Risk Management or related discipline.
• Progress in professional actuarial or risk qualifications is an advantage.
• Experience in risk management within insurance is preferred.

Responsibilities

• Risk Committee Support and Reporting: update risk registers, emerging risks and consolidate risk dashboard.
• Oversee maintenance and annual review of Risk Management policies and operating guidelines (OG).
• Support ARQ and assess adherence to risk policies and programs via Annual Risk Questionnaire (ARQ).
• Assist in setting economic scenarios and reviewing risk limits.
• Prepare independent credit review reports and liaise with Investment team to assess issuer risk profiles.
• Support MBCT governance and validation of models, calculators, end user computing tools and analytics applications.
• Review asset mix, duration targets and portfolio parameters; develop risk awareness materials.

Skills

Risk Management

Regulatory Knowledge

Analysis

Stakeholder Communication

Education

Degree in Actuarial Science, Finance, Risk Management or related discipline

Job description

Sun Life Malaysia Assurance Berhad is seeking a Risk Management Manager to support independent identification, assessment, monitoring and reporting of financial and takaful risks, acting as a second-line risk review function in line with the company’s risk framework and BNM expectations.The role focuses on technical risk review, analysis and reporting, with oversight from senior management, and contributes to the development and capability of team members to ensure timely, accurate risk