Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Job Details
Apply For Job Inquire About Job Add to Job Box Tell A Friend
Job ID: 35353
Job Openings by Title Appointed Actuary
Location Malaysia
Description:
Position:	Appointed Actuary

Company:	Insurance

Location:	Malaysia

Job ID:		35353

Responsibilities:

- Drive actuarial strategy in terms of profitable growth and ensure adequacy of claims & premium liabilities.
- Consults with CEO on key business initiatives, ongoing performance and strategic imperatives and to periodically participate in discussions with senior managers in reviewing business.
- Certify the valuation of actuarial and other policy liabilities in accordance with generally accepted principles and practices.
- Analyze loss levels and trends by line, state, and market; prepare reports and stays abreast of competitors' reserving strategies and methodologies.
- Tracks loss development and modify forecasts, reserve rates and premium levels accordingly.
- Ensures effective and efficient administration of day to day business operations in line with SOP across all support functions.
- Provides consultation to senior managers and other groups regarding actuarial, financial, strategic, business planning or other matters. Applies a comprehensive understanding of the business implications and exerts significant influence over the courses of action taken.
- Responsible for communicating with Actuaries on issues such as reserving, capital allocation and Statutory Financial reporting.
- Ensures consistency with enterprise risk management guidelines and compliance with regulations and laws.
- Ensure good corporate governance is practiced and are being exercised by the company.
- Build an organization that attracts and retain talents to ensure critical business processes are highly efficient and effective.
- Assemble and empower a high performing team and ensure effective succession plans are in place for key positions.

Qualifications:

- The candidate is a Fellow of either: The Institute and Faculty of Actuaries of the United Kingdom; the Institute of Actuaries of Australia; the Canadian Institute of Actuaries; the Society of Actuaries of the United States of America; the Casualty Actuarial Society of the United States of America.
- The candidate possesses at least three years of relevant post qualification practical experience as a Fellow.
- Candidate has adequate practical experience in or understanding of the Malaysian insurance industry and is familiar with Malaysian laws and regulations relevant to the conduct of insurance or Takaful business.
- Strong technical experience and has had key responsibilities in performing valuations of actuarial liabilities for a licensed person carrying on life insurance or family Takaful business, or general insurance or general Takaful business,
- Well informed on emerging developments in insurance business and actuarial practice which are relevant to the duties of an appointed actuary.
- Exposure in engaging with members of the Board and senior management,
- Proven professional track records and has no conflict of interest that would impair his ability to effectively discharge his duties as an appointed actuary.




Apply For Job Inquire About Job Add to Job Box Tell A Friend
 

© Copyright 2006 Jobs4Actuary All Rights Reserved
Actuarial Jobs in Canada; Actuarial Jobs in United States; Actuarial Jobs in Hong Kong; Actuarial Jobs in Singapore; Actuarial Jobs in Malaysia; Actuarial Jobs in Bermuda; Actuarial Jobs in Switzerland; Actuarial Jobs in Germany; Actuarial Jobs in Indonesia; Actuarial Jobs in England; Actuarial Jobs in Thailand; Actuarial Jobs in Netherlands; Actuarial Jobs in France; Actuarial Jobs in Mexico; Actuarial Jobs in Japan; Actuarial Jobs in Spain; Actuarial Jobs in China; Actuarial Jobs in Chile; Actuarial Jobs in Belgium; Actuarial Jobs in  USA