Senior Manager, Group Actuarial IFRS17
at FWD Group Management Holdings Limited
Kuala Lumpur, KL, Malaysia -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 04 Sep, 2024 | Not Specified | 05 Jun, 2024 | 8 year(s) or above | Analytical Skills | No | No |
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Description:
KEY ACCOUNTABILITIES
- As the Team Lead:
- Lead, coach and manage team’s performance, development and morale to ensure team members achieve their goals according to the expected performance standards.
- Manage the workload of the team and ensure adequate resource allocation in work arrangement
- Assist in the hiring of good talent
- Coordinate and manage incoming service requests
- As the IFRS17 CSM Development Lead:
- Lead and manage the maintenance and enhancement of the FWD centralised IFRS17 CSM model for all business units, and ensure quality and on-time delivery of work
- Lead the developer team to provide trouble-shooting support to the IFRS17 CSM Operation team, Alteryx team, BUs and Group Actuarial during result production
- Demonstrate up-to-date expertise through consultation, advisory and guidance in the development, execution and process improvement
- Manage relationships and expectations of Group Office, BUs and other key stakeholders by developing a communication process to deliver services within the agreed scope
- Review the checking and regression test performed by the team and explain any model change impacts, and maintain documentations for key stakeholders
- Resolve and where necessary, escalate and communicate unprecedented and complex issues to Head of TIM IFRS17 and BUs on a timely manner
- Responsible to ensure the compliance with the Group policies and control framework, as well as ensuring team’s understanding and application of the policies
- As the SME of the FWD centralised IFRS17 CSM model:
- Oversee, guide and provide functional expertise for the development, delivery, quality assurance and maintenance of FWD centralised IFRS17 CSM model in accordance with the FWD Group Actuarial standards and policies and applicable regulatory requirements
- Exercise judgment and business acumen to provide SME advice and guidance in selecting methods and techniques to deliver as well as support functional and technical modelling solutions and planned / ad-hoc project requests
- Provide technical and functional steer and advice on key functional domains as necessary to local BU team and function heads
- Discuss improvement opportunities in the Centralized IFRS 17 CSM model and processes with the team and provide advice on how to implement the improvement ideas
- Set project priorities for the team and oversee all projects deliverables including planning and managing the resources in delivering the Actuarial initiative/projects from Group Actuarial and business unit.
QUALIFICATIONS / EXPERIENCE
- 8 to 10 years insurance experience in actuarial functions
- Fellowship or nearly fellowship member of an internationally recognised actuarial professional body
KNOWLEDGE & TECHNICAL SKILLS
- Experienced in Prophet design and modelling
- Strong understanding of Actuarial valuation processes and IFRS17 are preferred
- Strong analytical skills
How To Apply:
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Responsibilities:
Support the Head of TIM IFRS17 and actively contribute to building the TIM IFRS17 CSM Development team by:
- Leading and managing the development, implementation, and maintenance of the FWD centralised IFRS17 CSM model for all business units ("BUs") while ensuring the modelling are implemented in accordance with the Group model governance policy
- Leading and managing the resource in supporting various Actuarial initiative/project requested by the Group Office and BUs across FWD group
- Be the technical Actuarial expertise for key functional domains of the FWD centralised IFRS17 CSM model
REQUIREMENT SUMMARY
Min:8.0Max:10.0 year(s)
Information Technology/IT
IT Software - Other
Software Engineering
Graduate
Proficient
1
Kuala Lumpur, Malaysia