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Actuarial Analyst - Reserving & Capital

Actuarial Analyst - Reserving & Capital

Labuan Reinsurance (L) Ltd - Official PageKuala Lumpur, Kuala Lumpur, Malaysia
2 days ago
Job description

Deputy Manager – Actuarial – Reserving & Capital

  • Data preparation for actuarial reserves modelling
  • Perform initial selection of IBNR
  • Set initial assumptions for modelling, for example risk margins, expense load and large loss
  • Draft the actuarial report and prepare the relevant presentation deck
  • Review and improve the data extraction, transformation and load (ETL) process

Capital Management

  • Compute the internal, regulatory, and rating agency adequacy ratio
  • Update the relevant reports, presentation deck and other materials
  • Asset‑Liability Management

  • Produce the liability profile for the investment department to match its assets profile
  • Update the relevant reports, presentation deck and other materials
  • Department Administration

  • Assist the Head of Department in minor day‑to‑day administration of the department, such as task tracking, dissemination of ERM memo, etc.
  • Job Requirements

    Experience

  • Bachelor’s degree in Actuarial Science
  • Currently pursuing professional Associate Actuarial qualification with at least 75% on completion.
  • Relevant 5 years experience in the General Insurance industry in Reserving / Capital
  • Knowledge / Skills

  • Describe, analyse, and validate the information requirements for estimating unpaid claims
  • Build and analyse claim development triangles
  • Construct and appraise unpaid claims estimates using basic techniques
  • Assess the influence of operating changes on the estimation of unpaid claims
  • Adjust data and / or estimation techniques for changes in internal and external environment
  • Appraise and validate the results of the estimation process for adequacy and reasonableness
  • Simple data extraction, transformation, and load (ETL)
  • Seniority level

    Mid‑Senior level

    Employment type

    Full‑time

    Job function

    Analyst and Consulting

    Industries

    Insurance and Financial Services

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