Jobs
>
Kuala Lumpur

    Senior Manager, Group Actuarial IFRS17 - Kuala Lumpur, Malaysia - FWD Group Management Holdings Limited

    FWD Group Management Holdings Limited
    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia

    1 week ago

    Default job background
    Full time
    Description
    About FWD Group

    FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

    For more information please visit

    FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was set up in late 2019 and is part of the FWD Group. FWD TIM in Malaysia is one of the FWD Group's office locations serving multiple markets within FWD Group and employing team members in various functions including Group Digital & Data, Digital Innovation, the IT Hub and our Centre of Excellence comprising Actuarial, Finance and Product Proposition functions.

    PURPOSE

    Support the Head of TIM IFRS17 and actively contribute to building the TIM IFRS17 CSM Development team by:
    • Leading and managing the development, implementation, and maintenance of the FWD centralised IFRS17 CSM model for all business units ("BUs") while ensuring the modelling are implemented in accordance with the Group model governance policy
    • Leading and managing the resource in supporting various Actuarial initiative/project requested by the Group Office and BUs across FWD group
    • Be the technical Actuarial expertise for key functional domains of the FWD centralised IFRS17 CSM model
    KEY ACCOUNTABILITIES

    1. As the Team Lead:
    • Lead, coach and manage team's performance, development and morale to ensure team members achieve their goals according to the expected performance standards.
    • Manage the workload of the team and ensure adequate resource allocation in work arrangement
    • Assist in the hiring of good talent
    • Coordinate and manage incoming service requests
    2. As the IFRS17 CSM Development Lead:
    • Lead and manage the maintenance and enhancement of the FWD centralised IFRS17 CSM model for all business units, and ensure quality and on-time delivery of work
    • Lead the developer team to provide trouble-shooting support to the IFRS17 CSM Operation team, Alteryx team, BUs and Group Actuarial during result production
    • Demonstrate up-to-date expertise through consultation, advisory and guidance in the development, execution and process improvement
    • Manage relationships and expectations of Group Office, BUs and other key stakeholders by developing a communication process to deliver services within the agreed scope
    • Review the checking and regression test performed by the team and explain any model change impacts, and maintain documentations for key stakeholders
    • Resolve and where necessary, escalate and communicate unprecedented and complex issues to Head of TIM IFRS17 and BUs on a timely manner
    • Responsible to ensure the compliance with the Group policies and control framework, as well as ensuring team's understanding and application of the policies
    3. As the SME of the FWD centralised IFRS17 CSM model:
    • Oversee, guide and provide functional expertise for the development, delivery, quality assurance and maintenance of FWD centralised IFRS17 CSM model in accordance with the FWD Group Actuarial standards and policies and applicable regulatory requirements
    • Exercise judgment and business acumen to provide SME advice and guidance in selecting methods and techniques to deliver as well as support functional and technical modelling solutions and planned / ad-hoc project requests
    • Provide technical and functional steer and advice on key functional domains as necessary to local BU team and function heads
    • Discuss improvement opportunities in the Centralized IFRS 17 CSM model and processes with the team and provide advice on how to implement the improvement ideas
    4. Set project priorities for the team and oversee all projects deliverables including planning and managing the resources in delivering the Actuarial initiative/projects from Group Actuarial and business unit.

    KEY PERFORMANCE INDICATORS
    • Effectiveness of the model maintenance process and project delivery
    • Engagement and development of team members
    • Value added to local business units
    EXTERNAL & INTERNAL CONTACTS
    • Group Risk and Actuarial Committee, ALM Committee and IFRS17 Project Steering Committee
    • Local Country CA, CFO, CRO and function head
    • Head of TIM IFRS17
    QUALIFICATIONS / EXPERIENCE
    • 8 to 10 years insurance experience in actuarial functions
    • Fellowship or nearly fellowship member of an internationally recognised actuarial professional body
    KNOWLEDGE & TECHNICAL SKILLS
    • Experienced in Prophet design and modelling
    • Strong understanding of Actuarial valuation processes and IFRS17 are preferred
    • Strong analytical skills
    COMPETENCIES
    • Strong team leadership and management skills
    • Strong facilitation, negotiation and problem resolution skills
    • Strong strategic thinking ability to prioritize and balance multiple tasks or projects.
    • Strong analytical skills
    • Good communication and presentation skills
    • Fluent in English speaking and written skills
    OTHERS
    • Flexible to travel
  • FWD Insurance

    Assistant Manager, Group Actuarial Ifrs17

    2 days ago

    FWD Insurance Kuala Lumpur, Malaysia

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • FWD Group Management Holdings Limited

    Manager, Group Actuarial IFRS17

    1 week ago

    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia Full time

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • FWD Group Management Holdings Limited

    Assistant Manager, Group Actuarial IFRS17

    1 week ago

    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia Full time

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • FWD Group Management Holdings Limited

    Manager, Group Actuarial IFRS17-2

    2 days ago

    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia Full time

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • FWD Group Management Holdings Limited

    Senior Analyst, Group Actuarial IFRS17

    4 days ago

    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia Full time

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • FWD Group Management Holdings Limited

    Senior Analyst, Group Actuarial IFRS17-2

    1 week ago

    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia Full time

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • Prudential plc

    Deputy Manager, Ifrs17

    3 days ago

    Prudential plc Kuala Lumpur, Malaysia

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and m ...

  • FWD Insurance

    Manager, Group Actuarial

    4 days ago

    FWD Insurance Kuala Lumpur, Malaysia

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • AIA

    Associate Director, Actuarial

    1 week ago

    AIA Kuala Lumpur, Malaysia

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. · - It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of some ...

  • Agensi Pekerjaan DLS Consultancy Sdn Bhd

    Actuarial Assistant Manager

    4 days ago

    Agensi Pekerjaan DLS Consultancy Sdn Bhd Kuala Lumpur, Malaysia

    This role supports the Chief Reserving Actuary in delivering a wide range of responsibilities. The role is expected to perform more complex actuarial analyses, in relation to reserving, reporting and quantitative risk management: · **Responsibilities**: · - Supervise annual and q ...

  • Allianz Malaysia

    Actuaria Valuation Executive

    1 week ago

    Allianz Malaysia Kuala Lumpur, Malaysia

    **How far can you go with the support of leaders who want to bring out the best in you?** · You will assist the manager in delivering timely financial reporting as well as continuously strengthen and improve the quality of financial information in order to achieve the financial o ...

  • WTW

    Life Actuarial Consultant

    1 hour ago

    WTW Kuala Lumpur, Malaysia

    Life Actuarial Consultant · - Kuala Lumpur, MY · December 01, 2023 · As a Consultant in our Insurance, Consulting and Technology team, you will be involved in supporting business development and working as part of a team on a wide variety of complex projects such as financial mod ...

  • FWD Insurance

    Assistant Manager, Internal Audit Actuarial

    1 week ago

    FWD Insurance Kuala Lumpur, Malaysia

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...

  • RGA

    Actuarial Analyst

    1 hour ago

    RGA Bangsar, Malaysia

    **Position Overview** · The incumbent will be responsible for US GAAP (incl LDTI), IFRS 17, and local statutory financial reporting, actuarial support in areas of practice like experience studies, embedded value reporting, and risk management. The department drives various high p ...

  • Etiqa Insurance and Takaful

    Senior Actuarial Analyst, General Valuation

    3 days ago

    Etiqa Insurance and Takaful Malaysia, Kuala Lumpur Full time

    Join Etiqa: Empowering Financial Confidence · Are you ready to be part of a dynamic and innovative team Look no further than Etiqa Insurance & Takaful, a leading insurance and financial services company committed to transforming the way people approach insurance and financial pla ...

  • Etiqa Insurance and Takaful

    Actuarial Analyst, General Valuation

    3 days ago

    Etiqa Insurance and Takaful Malaysia, Kuala Lumpur Full time

    Join Etiqa: Empowering Financial Confidence · Are you ready to be part of a dynamic and innovative team Look no further than Etiqa Insurance & Takaful, a leading insurance and financial services company committed to transforming the way people approach insurance and financial pla ...

  • BTC Recruitment Malaysia - Executive Search Recruitment Agency

    Actuarial Manager, Insurance

    3 days ago

    BTC Recruitment Malaysia - Executive Search Recruitment Agency Malaysia, Kuala Lumpur Full time

    Open Position: Actuarial Manager, Insurance (MNC Company) · A well-recognised MNC Insurance company is currently hiring for Actuarial Manager to join them and be based in the Kuala Lumpur office. · Key responsibilities include: · Directly involved in developing the frameworks tow ...

  • Prudential BSN Takaful Berhad

    Intern

    3 days ago

    Prudential BSN Takaful Berhad Malaysia, Kuala Lumpur Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and m ...

  • Etiqa Insurance and Takaful

    Actuarial Analyst, Product Development Support

    3 days ago

    Etiqa Insurance and Takaful Malaysia, Kuala Lumpur Full time

    Join Etiqa: Empowering Financial Confidence · Are you ready to be part of a dynamic and innovative team Look no further than Etiqa Insurance & Takaful, a leading insurance and financial services company committed to transforming the way people approach insurance and financial pla ...

  • FWD Group Management Holdings Limited

    Manager, Group Actuarial

    4 days ago

    FWD Group Management Holdings Limited Kuala Lumpur, Malaysia Full time

    About FWD Group · FWD Group is a pan-Asian life insurance business with approximately 11 million customers across 10 markets, including some of the fastest growing insurance markets in the world. Established in 2013, FWD is focused on making the insurance journey simpler, faster ...