FP&A (IFRS 17) Actuarial Manager from a life insurer (Malaysia)
About the job
To prepare and review reporting and analysis on Financial results (e.g. IFRS17 profit arising, return on shareholder equity, CSM balance etc); and work with relevant stakeholders on initiatives that can optimize the Financial results.
- Review and analyze IFRS17 profit arising, return on shareholder equity, CSM balance etc.
- Analyze profit arising and share the findings with key stakeholders.
- Perform and review business planning and forecast analysis of company’s KPIs and provide timely updates to key stakeholders on the outcome, including strategies/ plans on how to close the gaps.
- Review user acceptance test for Prophet modelling.
- Coordinate with stakeholders from various departments, e.g. Strategy, Actuarial, Investment and etc, in identifying and implementing strategies that optimize company’s KPIs.
- Assist Head of Department in any other assignments as and when required.
- Provide guidance to junior team members.
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
We are looking for people with
- Tertiary – Bachelor in Statistics/ Mathematics/ Actuarial Studies
- Near qualified or good progress in actuarial exams in one of the actuarial associations recognized by BNM
- More than 6 years of actuarial related experience.
- Knowledge on: (i) Actuarial models (Advance); (ii) Actuarial theories, practices and procedures.
Key Competencies:
- Developing others
- Teamwork
- Exploring possibilities
- Business Planning
- Financial Modelling
- Valuation Approaches and Methodologies
- Valuation Conclusion and Reporting
- Scenario Planning and Analysis
- Information seeking
- Analytical thinking
- Problem solving
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Takes initiative to improve current state of things and adaptable to embrace new changes
How you succeed:
- Champion and embody our Core Values in everyday tasks and interactions.
- Demonstrate high level of integrity and accountability.
- Take initiative to drive improvements and embrace change.
- Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
- Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.