Manager, Actuarial Valuation (Takaful Reporting) - Jobs in Malaysia - 987107

Sun Life Malaysia Assurance Berhad
Job Summary
  • Experience 8-10 Years
  • Telecommuting

Job Description

Job PurposeTo provide accurate and timely financial information to the Appointed Actuary and key stakeholders for a better decision making To monitor company and rsquo s profitability and solvency position on a regular basis ResponsibilitiesFamily Takaful Reporting and bull To ensure timely submission of BNM and ISM reports statistics and bull Timely computation of monthly reserving and preparation of valuation report quarterly and bull To monitor RBCT results on monthly basis and to formally submit to BNM on quarterly basis and bull To review Stress Test and Financial Condition Report FCR and ensure timely submission and bull To support Risk team in conducting the half-yearly risk limits monitoring review and bull To monitor Asset Liability Management on a regular basis and bull To support the yearly preparation of financial statements and bull To address queries from auditors BNM or any other stakeholders and bull To support the annual review of Portfolio Policies and Parameters and bull To review Individual Target Capital Level ITCL and Capital Management Plan CMP annually New Product Initiatives and bull To review Business Requirement BR for system setup and bull To review User Acceptance Test UAT Investment Profit and Tabarru and rsquo Surplus Distribution and bull Timely and accurate computation of investment profit and tabarru and rsquo surplus distribution to participants for takaful business and bull Ensure company policy on tabarru and rsquo surplus distribution investment profit allocation is up-to-date and distribution has been conducted in line with the policy Experience Study and bull To monitor the persistency expense mortality and morbidity experience and bull To complete Assumptions and Methodology Changes in Q3 in line with Sun Life and rsquo s practice RequirementsCandidate must possess at least a Bachelor s Degree in Actuarial SciencePassing of preliminary actuarial examinations At least 6-8 years of working experience in the related field is required for this position Full-Time positions available

Profile Summary

Type : Company job

Role : Manager

Industry : Insurance

Salary : Not Disclosed

Deadline: 2020-01-22

Company Profile

Sun Life Malaysia (Sun Life Malaysia Assurance Berhad and Sun Life Malaysia Takaful Berhad) is a joint venture by Sun Life Financial Inc. and Avicennia Capital Sdn. Bhd., a fully owned Khazanah Nasional Berhad investment holding company, specialising in Insurance and Takaful. Sun Life Malaysia offers a comprehensive range of life insurance and Takaful products and services to Malaysians across the country and is focused on helping clients achieve lifetime financial security and live healthier lives. Sun Life Malaysia distributes its products through a range of distribution channels including bancassurance, agency, direct marketing, telemarketing and government and corporate business. Sun Life Financial is a leading international financial services organisation providing a diverse range of insurance, wealth and asset management solutions to individuals and corporate Clients. Sun Life Financial has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of 30 September 2017, Sun Life Financial had total assets under management of CAD$934 billion. For more information, please visit
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