Senior Actuarial Analyst

NACBA; Kuala Lumpur; On-site; MYR 150,000 - 190,000; Full time

Job summary

Swiss Re Asia Ltd in Kuala Lumpur seeks an experienced actuarial professional to lead reporting under IFRS4 and IFRS17 for SRAL. You will support the Certifying Actuary, coordinate with valuation teams across Asia, and ensure MAS compliance while preparing consolidated results.

This role requires 3+ years in (re)insurance valuation or pricing, strong English communication, and Microsoft Office proficiency; Python or R knowledge is a plus.

Qualifications

• At least 3 years of L&H (re)insurance experience in valuation or pricing.
• Basic knowledge of insurance accounting, reserving and solvency regime in Singapore.
• Proficiency in Microsoft Office; knowledge in Python or R is an advantage.
• Strong analytical and problem-solving skills.
• Ability to work independently and manage ambiguity.
• High attention to detail with a structured approach.
• Strong communication skills (written and verbal).
• Ability to influence stakeholders and articulate complex topics clearly.
• Fluent spoken and written English.

Responsibilities

• Support Certifying Actuary by oversight of actuarial reporting activities for SRAL and consolidated reporting.
• Analyze IFRS4 and IFRS17 liabilities and assist with commentary on business movements.
• Support MAS reporting, solvency reporting, ORSA and stress testing deliverables.
• Ensure compliance with MAS regulations and internal governance.
• Apply controls and validation checks on actuarial results.
• Assist internal and external audits with supporting documentation.
• Communicate progress and findings to senior team members.
• Coordinate with valuation teams in Asia and other stakeholders to support reporting.

Skills

L&H experience

Analytical skills

Communication skills

Detail-oriented

Independence

Problem solving

Tools

Microsoft Office

Python

R

Job description

About the Team

The L&H Valuation & Analysis team for Swiss Re Asia is responsible for delivering timely actuarial valuation, reporting and analysis activities for all L&H reinsurance business written in Asia. The team is part of the Global L&H Valuation & Analysis team and eventually comes under the wider remit of Global Finance Function.

About the Role

This role is mainly responsible for actuarial reporting under local regulatory basis (IFRS4) and statutory basis (IFRS17) for Swiss Re Asia Ltd (SRAL).

Your main responsibilities include:

• Support SRAL's Certifying Actuary by providing oversight of actuarial reporting activities in SRAL home and its branches and performing consolidated reporting for SRAL on local regulatory basis (IFRS4) and statutory basis (IFRS17).


• Perform analysis on IFRS4 and IFRS17 liabilities, and support preparation of commentary on the business movements.


• Support quarterly MAS reporting, including solvency reporting, as well as other deliverables such as ORSA and stress testing exercise.


• Support compliance with MAS regulations and internal governance requirements.


• Apply controls and validation checks on actuarial results.


• Assist in internal and external audit processes, including preparation of supporting documentation.


• Communicate progress, issues, and findings to senior team members in a timely manner.


• Coordinate with valuation teams in Asia region, local carrier management teams and other stakeholders to support reporting deliverables.


• Contribute to process improvements and automation initiatives.


• Support documentation and maintenance of actuarial processes.


• Provide ad hoc analysis and support for actuarial reporting activities as required.

(The roles and responsibilities are subjected to change at management's discretion.)

About You

• At least 3 years of L&H (re)insurance experience in either valuation or pricing functions.


• Basic knowledge of insurance accounting, reserving and solvency regime in Singapore.


• Proficiency in Microsoft suite. Knowledge in Python or R is an advantage.


• Strong analytical and problem-solving skills.


• Ability to work independently and manage ambiguity.


• High attention to detail with a structured approach.


• Strong communication skills (written and verbal).


• Ability to influence stakeholders and articulate complex topics clearly.


• Fluent spoken and written English.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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