Actuarial Manager

  • 35666
  • Life - Actuarial
  • |
  • Malaysia
  • |
  • Aug 20, 2019
Insurance
RESPONSIBILITIES
  • Assist the Appointed Actuary in the management of Par fund, ensuring that it is conformed to the Internal Management of Participating Business policy and BNM guidelines.
  • Manage and deliver the Participating Life business annual bonus recommendation. This includes but not limited to the production of bonus supportability report, declaration and implementation of bonuses, and delivery of policyholders’ annual bonus statement.
  • Perform actuarial supports, including financial assessment, management communications and assist in formulating management strategy for Participating fund, to promote the financial strength and long term sustainability of the Participating fund.
  • On regular basis, ensure smooth delivery of asset shares for actuarial reserve valuation and EEV reporting, as well as quarterly dividend crediting for Universal Life.
  • Review and ensure policy servicing requests for Participating policies are responded with high level of accuracy, customer centricity mindset and within the turnaround time frame.
  • Provide actuarial technical supports on cross-functional projects when required.
  • Recommend solutions to improve governance, quality and transparency of processes and reports.
  • Communicate the results to management team effectively.
  • Provide coaching and guidance to staff.
QUALIFICATIONS
  • Bachelor’s Degree or higher in Actuarial Sciences, Mathematics, Statistics or related field.
  • Qualified or near qualified with an internationally recognized Actuarial body.
  • At least 5 years of relevant actuarial experience.
  • Possessed knowledge of life insurance business.
  • Good knowledge in Microsoft Office and Prophet.
  • Strong modeling and analytical skills.
  • Experience in supervising staffs.
  • Strong communication skills.