Kerja Sepenuh Masa, Assistant Manager, Actuarial di CGC Malaysia Selangor - Maukerja

Job Responsibility:

Assist in the following areas:

Risk Pricing

• Evaluate pricing assumptions, models, and product features for new product proposals.
• Assist in reviewing product profitability, claims experience, and portfolio mix to inform pricing recommendations and enhance product performance.

Stress Testing

• Assist in maintaining and enhancing the stress testing framework, including methodology, documentation, and governance.
• Support enterprise-wide stress testing across market, credit, capital, and operational risks.
• Contribute to scenario development using macroeconomic and financial indicators.
• Support periodic reviews and updates of stress testing assumptions and models to ensure relevance and accuracy.

Capital Management

• Assist in analysing capital adequacy and identifying mitigation actions.
• Support reporting of capital-related risks to Asset Liability Committee Meeting (ALCO).

Actuarial and Risk Analytics

• Conduct experience studies, claims ratio analysis, and trend monitoring to inform pricing, underwriting, and guarantee strategies.
• Apply statistical and actuarial methods to analyse claim emergence patterns, default probabilities, and recovery rates across different guarantee schemes.
• Develop and maintain frequency-severity models for the guarantee portfolio to estimate expected losses, tail risks, and capital requirements.

Governance and Reporting

• Prepare the papers and slides with the key outcomes from the completed analysis to Management and Board Level Committees.
• Ensure timely and accurate reporting aligned with regulatory and internal standards.

Job Requirement:

Qualification: Candidate must possess at least a Bachelor's Degree, Master’s Degree and/

Or Professional Degree, in Statistics, Mathematics, Actuarial Science, Economics, Business Administration, Finance, Banking or Accountancy. Progress in actuarial exams under IFoA, CAS, SOA, or equivalent is added advantage.

Experience: More than 4 years of working experience in actuarial and stress testing, and/or in a research-related role, preferably within the credit risk or financial services industry.

Knowledge: Knowledge of SAS, Python, and other statistical or analytical tools used in credit risk modeling will be an added advantage

Skills/ Competencies: Excellent communication and report writing skills. Able to present reports to

Management and Board. Team player and able to work under stress.