Actuarial Product Specialist

Provide actuarial support for IFRS17 by reviewing computation models and methodologies based on IFRS17 / IASB guideline. Conduct ad-hoc impact assessments and recommend improvements as needed. Establish governance controls on actuarial models, data, and GL posting processes. Support IFRS17 monthly valuation, ensuring accuracy and compliance. Additionally, drive automation and enhancements for both current and future BAU tasks using the new SAS system.

Job Description

• IFRS17 monthly valuation reporting (Coordinating input files necessary for IFRS17 runs, checking on completeness of preparations for IFRS17 runs)
• Technical paper or methodology approach review.
• Keep abreast with the BNM guidelines or the industry / IASB releases on the upcoming changes to MFRS 17.
• Establish governance control on the IFRS17 actuarial models, data, computation – GL posting process flows, considering risk mitigation wherever possible
• Monitor and report on the progress / status update.
• Work closely with MFRS17 Manager / Head of MFRS17 in Interim and FYE audit
• Automation / enhancement on current or future BAU tasks using the new SAS system
• Liaison with external parties including consultants, system and software vendors, auditors or even industry bodies.
• Ensure the accuracy of implementing the enhancement for MFRS 17 reporting.
• Recommendation for changes, or improvement plans, as and when it is deemed necessary
• Other Actuarial / Company Projects

Qualifications / Requirements

Seniority level

Executive

Employment type

Full-time

Job function

Analyst

Industry : Insurance

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