Kerja Sepenuh Masa, Assistant Manager (Actuarial) di Takaful Malaysia Federal Territory - Maukerja

Provide support for actuarial valuation and reporting activities, ensuring submissions to internal stakeholders and regulators are accurate, timely, and compliant, while driving process enhancements and reinforcing strong governance.

1. Valuation & Reporting

• Perform monthly valuation processes, including data validation and reconciliation to ensure completeness and accuracy
• Prepare monthly reserves and provide supporting analysis on movements and key drivers
• Support quarterly RBCT submissions to BNM, ensuring compliance with regulatory requirements
• Assist in the preparation of the Annual Valuation Report (AVR) and other statutory disclosures
• Prepare and review regular actuarial reports for internal and regulatory purposes

2. Support toward Data Management & Systems & Experience Studies

• Maintain and validate valuation data, ensuring consistency, integrity, and proper documentation
• Support the enhancement and maintenance of valuation models, tools, and templates (e.g. FoxPro or equivalent systems)
• Update computation logic for new products, repricing exercises, and assumption changes
• Contribute to process automation and system improvements to enhance efficiency and reduce operational risk
• Support development, maintenance, and enhancement of Prophet models for valuation, projection, and regulatory reporting
• Perform model testing, validation, and documentation to ensure accuracy and compliance with internal standards

3. Audit & Governance

• Support internal and external audits by preparing data files, reconciliations, and documentation
• Assist in addressing audit queries and ensure timely resolution of issues raised
• Maintain and update Standard Operating Procedures (SOPs) to reflect current valuation processes and controls
• Ensure adherence to internal governance standards, regulatory guidelines, and actuarial best practices

Requirement:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field
• Progress toward actuarial professional qualification (e.g. SOA/IFoA)
• Senior Executive/ Assistant Manager: Minimum 2 years of relevant actuarial valuation experience in life insurance/takaful. Candidates with more extensive experience may be considered for Assistant Manager level.
• Familiarity with Malaysian regulatory frameworks (RBCT) is an advantage
• Strong analytical, problem-solving, and data validation skills
• Proficiency in Excel; experience with actuarial tools/programming (e.g. Prophet, FoxPro) is a plus
• Good communication skills and ability to work with cross-functional teams