Assistant Manager, TIM Actuarial Services

Assistant Manager, TIM Actuarial Services page is loaded Assistant Manager, TIM Actuarial Services Apply locations Malaysia - KL Eco City time type Full time posted on Posted Yesterday time left to apply End Date : December 31, 2025 (30+ days left to apply) job requisition id JR-

About FWD Group FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code 1828. For more information, please visit FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market. PURPOSE Be the country focal in coordinating incoming modelling service requests and manage the development and maintenance of the centralised Actuarial models for business units (BUs). Be the project lead and manage end-to-end major projects as required by Group Actuarial / BUs. Ensure compliance with the Group Model Governance policy. KEY ACCOUNTABILITIES 1. Assist Senior Advisor or SME by providing technical and other general support or coaching to shared pool resources to ensure work quality is achieved accordingly 2. Support the Country Model Lead in providing the Centralised modelling services to business units by : assisting the Country Model Lead in managing the development and maintenance of the centralised Actuarial models for business units, and ensure quality and on-time delivery; demonstrating advanced skills in Prophet modelling in the overall end-to-end modelling process and ensure that the modelling is effectively controlled and maintained, with accurate financial results generated; becoming the country focal in coordinating incoming modelling service requests. Manage updates, communication and project expectations with BUs throughout the project delivery and ensure successful implementation according to the defined Prophet modelling services; exercising judgement using advanced analytical skills to perform modelling checking and regression tests, interpret, define and communicate model change impacts and mitigation actions, as well as maintain model documentations for stakeholders; analysing the modelling issues and reporting findings including practical recommendations to close relevant gaps or risks. Escalate modelling issues to the Country Model Lead on a timely manner; and assisting the Country model Lead in performing compliance checks and ensuring all time compliance with the Group Model Governance policy including the model documentation, modelling processes and controls. 3. Support the SME & Model Reviewer by : conducting an in-depth model review on models changes made by Big 3 BUs : HK, TH, JP and any other assigned countries conducting independent reviews of developed actuarial models in accordance to established governance standards, and ensure models compliance and overall controls; exercising judgement using established practices and skills to perform technical review of actuarial models and validation results, and identify potential risks and issues throughout the review process; and preparing finding reports on modelling review results and propose action on the outlined gaps. 4. Be the project lead and manage end-to-end major projects for Actuarial services including but not limited to developing and maintaining ALS model for asset and liability management, economic capital (EC), HKRBC reporting, IFRS17 and any other assignment from Group Actuarial 5. Process the major requests / incidents, while guiding juniors on their BAU incidents for Prophet Enterprise and related calculation engines on 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, ALMCO Committee and IFRS17 Project Steering Committee Local Country CA, CRO, investment / ALM teams and function head Head of TIM Actuarial and Senior Actuarial Advisor in TIM

DECISION MAKING In accordance with Insurance Group delegated authorities QUALIFICATIONS / EXPERIENCE 5 to 6 years insurance experience in actuarial functions Bachelor’s degree (or equivalent) in Actuarial Science or other Mathematics / Statistics based major Nearly fellowship member of an internationally recognised actuarial professional body

KNOWLEDGE & TECHNICAL SKILLS Strong Prophet modelling skills, knowledge on Prophet ALS is preferred Good understanding of valuation processes under USGAAP, statutory and traditional EV, knowledges on EC / RBC and IFRS17 are preferred OUR COMPETENCIES Good team leadership and development skill Good Facilitation, negotiation and problem resolution skills Good Strategic Thinking : Ability to prioritize and balance multiple tasks or project. Strong analytical skills Good communication and presentation skills Fluent in English speaking and written skills

OTHERS Flexible to travel Similar Jobs (1)

Assistant Manager, TIM Actuarial Services locations Malaysia - KL Eco City time type Full time posted on Posted Yesterday time left to apply End Date : December 31, 2025 (30+ days left to apply)

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