Job Description

MalaysiaJob details Posted 13 June 2024 SalaryNegotiable LocationKuala Lumpur Job type Discipline Reference273987_1718252638ConsultantConsultant, Banking and Financial ServicesActuarial Senior Manager - IFRS17 Reporting & CapitalJob descriptionJob Summary: Support the Head of IFRS17 Reporting & Capital in ensuring long-term financial stability by managing reserves, reviewing financial projections, and adhering to IFRS17, Central Bank, and Group guidelines.Responsibilities:1. Develop actuarial valuation processes meeting IFRS 17 and Group standards, validate controls, and ensure reserve adequacy.
2. Review business plans considering actuarial aspects like loss ratios and reinsurance optimization.
3. Collaborate with local teams for timely Financial Condition Report completion.
4. Conduct quantitative risk appetite assessments, contribute to asset allocation studies, and support capital projects with actuarial analysis.
5. Maintain consistency in processes and policies to comply with Central Bank and Group regulations.Qualifications & Requirements:- Preferably a degree in Actuarial Science, Finance, Economics, Statistics, Insurance, or Risk Management.
- Membership in a recognized Actuarial Institute or Society with progress in professional exams.
- Minimum 7 years of actuarial experience, understanding local insurance markets and regulatory requirements.
- Skills include strong knowledge of general insurance valuation, compliance understanding, analytical aptitude, multitasking ability, and motivation.If this job isn\'t quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer MYR500 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply.Sign up for job alertsIf you are a human, ignore this field Create alertYou agree to ourShare this jobActuarial Senior Manager - IFRS17 Reporting & CapitalKuala Lumpur Posted about 22 hours agoQuick LinksConnectWe are committed to Building Better Futures for the organisations we work for, the professionals we help, and our own employees.

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