Senior Analyst, TIM Actuarial IFRS17

FWD Group; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

An insurance company in Kuala Lumpur seeks an experienced actuarial professional to support the production of IFRS17 results and guide junior team members. The role demands 3 to 5 years of insurance experience and a Bachelor's degree in Actuarial Science or related fields. Candidates should have good Excel and Python skills, along with knowledge of the Prophet software. Communication and problem-solving abilities are essential. Flexible travel is required for this position.

Qualifications

• 3 to 5 years insurance experience in actuarial functions is preferred.
• Good progress in internationally recognised actuarial professional examinations.
• Preferred experience in Actuarial valuation processes and IFRS17.

Responsibilities

• Support the production of FWD IFRS17 results for business units.
• Guide junior team members in daily tasks.
• Independently perform BAU IFRS 17 production run support.

Skills

Actuarial functions experience

Excel skills

Python skills

Good communication skills

Education

Bachelor's degree in Actuarial Science or Mathematics/Statistics

Tools

Prophet software

Job description

About FWD Group

FWD Group (1828.HK) is a pan‑Asian life and health insurance business that serves approximately 34 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer‑led and tech‑enabled approach aims to deliver innovative propositions, easy‑to‑understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest‑growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

Purpose

Support the production of the FWD IFRS17 results for business units ("BUs") in accordance with Group policies and controls, as well as support the Actuarial initiatives/projects as required by the Group Actuarial and BUs.

Key Accountabilities

• Provide guidance to junior team members in their daily tasks.
• Support the production of FWD IFRS17 results:
  • Independently performing BAU IFRS 17 production run support based on requirements from Group Operations, and ensuring on‑time delivery of production results.
  • Independently performing IFRS17 model runs, and in-/output validation checks to ensure data and run process completeness.
  • Escalating issues or findings to manager on a timely manner and suggesting resolution ideas.
  • Supporting the investigation of issues observed in the runs.
  • Independently populating validation and result templates, forms and reports to be reviewed by manager and BUs.
  • Working with the BUs to understand data or input issues.
  • Explaining run issues to development team for troubleshooting.
  • Supporting ad‑hoc requests from Group Actuarial or BUs during result production.
• Contribute as an experienced project resource in supporting the Actuarial project/initiative from Group Actuarial or business units.

Key Performance Indicators

• Effectiveness, timeliness, and accuracy of the operation support.
• Value added to local business units.

External & Internal Contacts

• Group Actuarial
• IFRS17 Country Lead
• Local function head, managers and associates
• IFRS17 CSM Development Lead and managers

Qualifications / Experience

• 3 to 5 years insurance experience in actuarial functions is preferred.
• Bachelor's degree (or equivalent) in Actuarial Science or other Mathematics/Statistics based major.
• Good progress in internationally recognised actuarial professional examinations.

Knowledge & Technical Skills

• Good understanding of Actuarial valuation processes and IFRS17 are preferred.
• Good Prophet experience.
• Good Excel skills.
• Good Python skills.

Competencies

• Good team player.
• Good analytical skills.
• Good problem‑solving skills.
• Good communication and interpersonal skills.
• Good speaking and written English skills.

Others

• Flexible to travel.