Senior Executive/ Executive, Actuarial (Valuation)

Tokio Marine General Insurance; Kuala Lumpur; On-site; MYR 80,000 - 100,000; Full time

Job summary

A major insurance provider in Kuala Lumpur is looking for a Senior Executive/Executive in Actuarial roles. The candidate will manage reserving workflows, perform MFRS17 analyses, and support capital modeling and risk management efforts. A minimum of 3 years of actuarial experience is required, along with progress in actuarial exams and strong analytical skills. Experience with IFRS17 and actuarial tools is preferred, making this an excellent opportunity to advance your career in insurance.

Qualifications

• Actively pursuing and making progress in recognized actuarial examinations.
• Minimum 3 years of experience in General Insurance actuarial statutory reporting.
• Strong numerical and analytical skills.

Responsibilities

• Manage quarterly reserving workflow for timely submission to BNM.
• Communicate with stakeholders to assist AA in FCR preparation.
• Perform MFRS17 analyses and enhance actuarial workflow for reporting.
• Conduct bi-annual internal capital modeling for solvency requirements.
• Support in ICAAP review, stress testing, and capital management.

Skills

Numerical skills

Analytical skills

Understanding of actuarial principles

Education

Progress in actuarial examinations under CAS, IFoA, AI or equivalent

Tools

IFRS17

SAS

ResQ

ReMetrica

Job description

Senior Executive/ Executive, Actuarial (Valuation)

Reserving: Manage the quarterly reserving workflow for timely submission to BNM.

Financial Condition Report: Communicate with various stakeholder to articulate necessary information and perform analyses to assist AA in preparing the FCR.

MFRS17: Perform MFRS17 analyses and enhance the actuarial workflow for MFRS17 timely reporting.

Capital Modelling: Perform the bi-annual internal capital modeling for TM Group solvency requirements.

Risk Management: Provide technical support in ICAAP review, stress testing, risk tolerance limit assessment and capital management plan update.

Reinsurance: Provide technical support during annual reinsurance treaty renewal.

Experience study: Perform experience analyses and review the monitoring reports.

Other ad-hoc project or support as required.

Requirements

Actively pursuing and has good progress in actuarial examinations under CAS, IFoA, AI or equivalent actuarial professional bodies recognised by BNM.

Minimum 3 years of General Insurance actuarial experience in the statutory reporting role.

Strong numerical and analytical skills.

Good understanding on actuarial principles.

Experience in IFRS17, SAS, ResQ or ReMetrica is an added advantage.