Senior Actuarial Manager: Pricing, Reserves & Governance

Bank Pertanian Malaysia Berhad (Agrobank); Kuala Lumpur; On-site; MYR 120,000 - 160,000; Full time

Job summary

A leading Malaysian financial institution is seeking a Senior Manager to establish actuarial governance and technical readiness for its pre-operational phase. The incumbent will lead the development of pricing, reserving, and capital models, ensuring compliance with regulatory and Shariah requirements. This role demands expertise in actuarial modeling and analytics, aiming to support sustainable growth and promote transparency in methodologies. Ideal candidates should have a Bachelor's degree and at least 5 years of related experience.

Qualifications

• Minimum 5 years in actuarial roles with exposure to pricing, reserving, and catastrophe modeling.
• Understanding of actuarial concepts and regulatory frameworks (BNM, IFSA 2013).

Responsibilities

• Develop and maintain actuarial models for financial sustainability and capital adequacy.
• Provide actuarial input into business planning and profitability analysis.
• Design pricing strategies balancing fairness, competitiveness, and sustainability.
• Support product development teams with actuarial insights.
• Embed ethical and Shariah-compliant principles in actuarial methodologies.
• Promote transparency in assumptions and methodologies.
• Lead actuarial readiness initiatives and data governance protocols.
• Collaborate to integrate actuarial models into digital platforms.

Skills

Actuarial Expertise

Analytical Skills

Compliance Awareness

Collaboration

Education

Bachelor’s degree in Actuarial Science or related field

Tools

SQL

ETL/ELT concepts

Job description

A leading Malaysian financial institution is seeking a Senior Manager to establish actuarial governance and technical readiness for its pre-operational phase. The incumbent will lead the development of pricing, reserving, and capital models, ensuring compliance with regulatory and Shariah requirements. This role demands expertise in actuarial modeling and analytics, aiming to support sustainable growth and promote transparency in methodologies. Ideal candidates should have a Bachelor's degree and at least 5 years of related experience.