Assistant Manager

  • 39003
  • Life - Actuarial
  • |
  • Malaysia
  • |
  • Jan 28, 2021
  • Review, update, manage and maintain Risk Management Policy, Operating Guidelines, Risk Control Self-Assessment and Annual Review Questionnaire namely those related to Investment, Actuarial, Product and Finance.
  • Review and monitor model/ end-user computing’s inventory and risk classification
  • Providing independent credit assessment and review on new and existing credit issues
  • Liaising with Investments team on credit reviews and understanding risk profile of the issuers.
  • Ensure that we comply with the requirements of BNM’s Credit Risk Policy, which also include model validation requirements
  • Review and perform product risk assessment on new/ enhanced or provide inputs on product related matters
  • Review and perform risk assessment on business initiatives and projects.
  • Support annual review of asset mix and duration targets, optimizing return within the Company’s risk tolerances
  • Work closely with Valuation, Investments, Finance, Pricing and RO on this project
  • Support annual review of the risk appetite
  • Setting the economic scenarios for the Company to be used for setting risk limits
  • Calculate the Company’s Earnings-at-Risk & Capital-at-Risk
  • Assessment, monitoring and reporting of financial and takaful risks
  • Provide independent view on risk assessment, risk indicator and mitigation action
  • Skills/knowledge in actuarial principles, product, spreadsheet management and statistics. Problem solving and good communication. Knowledge on Prophet actuarial software, Visual Basic for Excel and Shariah principles is an added advantage
  • To perform quantitative analysis and review on various tasks, i.e Liquidity Coverage Ratios, Earnings-at-Risk and Capital-at-Risk scenario testing results.
  • To provide risk assessment and independent view on financial and takaful risks related issues
  • Degree in Actuarial Science, Accounting, Statistics or other related field.
  • At least 3years of working experience in Actuarial.