Kuala Lumpur

Manama

Singapore

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Modelling

Prophet

Coding

Pricing

MoSes

Valuation

Consulting

Excel

Takaful

Contract

RAFM

AXIS

About Risk ManagementWe live in turbulent and uncertain times, and Swiss Re’s vision of making the world more resilient through both our investment and our business activities is needed now more than ever. Risk Management is uniquely positioned to help make Swiss Re itself more resilient, enriching risk taking by using our accumulated risk knowledge, perspective, and experience. We help identify risks worth taking as well as steer away from risks that could destabilise the business. We deliver accurate valuations of the business to ensure appropriate reserves are available as well as providing in depth views on how business is performing. In other words, we help ensure the profitability of Swiss Re so that we’re around long-term to honour our promises.About the TeamThe L&amp;H Valuation &amp; Analysis team for Swiss Re Asia is responsible for delivering timely actuarial valuation, reporting and analysis activities for all L&amp;H reinsurance business written in Asia. The team is part of the Global L&amp;H Valuation &amp; Analysis team, and eventually comes under the wider remit of L&amp;H Risk Management.About the RoleThis role is a key contributor for actuarial reporting under local statutory bases including both IFRS 4 and IFRS 17 for Swiss Re Retakaful (SRR).Your main responsibilities will include:<ul><li>Support the production/review of the balance sheet and earnings under IFRS 4 &amp;17.</li><li>Perform cashflow validations, variance analysis and impact assessment to ensure reported numbers are of high quality</li><li>Communicate the issues/challenges with senior actuaries or stakeholders on time.</li><li>Collaborate closely with team members or cross functional teams in other locations to provide actuarial feedback loop or actuarial management support.</li><li>Support quarterly reserving and reporting processes including regulatory reporting to Bank Negara Malaysia</li><li>Assist in actuarial models onboarding, assumption change and data review to ensure they remain appropriate.</li><li>Support ad hoc requests from the team when necessary.</li></ul>About You<ul><li>Around 3 - 5 years of L&amp;H (re)insurance experience in either valuation or pricing functions.</li><li>Actuarial students of FIA, FIAA, FFA, FSA or another internationally recognized actuarial qualification.</li><li>Good understanding of at least one of USGAAP, MCEV and IFRS and local reserving standards in Malaysia or Singapore.</li><li>Good knowledge and proficiency of actuarial modelling systems; Moses/AXIS experience is desirable, but not essential.</li><li>Proficient in MS Excel.</li><li>Excellent interpersonal, communication and organisational skill.</li><li>Able to navigate in ambiguity and work autonomously.</li><li>Able to hold yourself accountable and have a solution-oriented mindset.</li><li>Fluent spoken and written English.</li><li>Knowledge in (Re)takaful Family business including pricing and valuation would be considered an advantage</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

 Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

 If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

About the RoleThe key activities of the valuation team that you will be primarily responsible include:<ul><li>Quarterly reserving and reporting processes mainly for HK&amp;TW business (and support Malaysia Retakaful business as needed):
 - Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs
 - Ensuring in-force data quality and proper determination of policy liabilities for IFRS, HK Statutory, Singapore Statutory, and Swiss Statutory
 - Monitor, project and communicate performance of HK&amp;TW and assigned L&amp;H business portfolios</li><li>Modelling Support mainly for HK&amp;TW business (and support Malaysia Retakaful business as needed):
 - To assist in setting up and refining data, model points and assumptions for onboarding of business to RAFM models
 - Ensuring that the business is onboarded appropriately from RAFM to Swiss Re L&amp;H reporting systems including validating impacts on IFRS and various Statutory basis.</li><li>Engage with other internal teams and with external clients and regulators to ensure effective management of L&amp;H in-force portfolios:
 - Act as the liaison point on HK&amp;TW L&amp;H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing
 - Assist other teams, e.g. Portfolio Management, Technical Accounting&amp; Financial Controlling</li></ul>About the TeamReporting to Head L&amp;H Valuation HK, TW &amp; Korea, you will be primarily responsible for the activities of the valuation in Hong Kong and Taiwan ("HK&amp;TW") markets. The valuation team is part of the Risk Management L&amp;H Re in Swiss Re, responsible for managing the actuarial valuation, reporting and analysis for all reinsurance business written in Asia.The valuation team in Asia supports Swiss Re's L&amp;H business in Asia excluding Australia/New Zealand/China by providing financial information and advice on past and expected future profitability and experience. This team works closely with other departments in Asia's L&amp;H Community, including Pricing, Portfolio Management, and Client Markets teams. Furthermore, the team has interdependent relationships with other units within the Risk Management L&amp;H Re.The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandateAbout You<ul><li>Strong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role;</li><li>At least 3 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy;</li><li>Good progress in Actuarial Professional examinations;</li><li>Excellent interpersonal, communication, organisational skills;</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;</li><li>A basic understanding of USGAAP, MCEV and HK local reserving. Knowledge in Singapore local reserving standard &amp; IFRS17 would be considered an advantage;</li><li>Good knowledge and proficiency of actuarial modelling systems; RAFM experience is desirable, but not essential;</li><li>Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage.</li></ul>We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

For our department Financial Accounting & Reporting we are seeking to appoint a Financial Reporting Actuary commencing immediately on a permanent, full-time basis to join our team in Bahrain.You can look forward to<ul><li>Compiling and processing actuarial reserve analyses (SII, IFRS, AAOIFI) and planning and forecasting information.</li><li>Reporting and analysis to meet regulatory requirements.</li><li>Drawing up quarterly and annual financial statements in accordance with HGB and IFRS; including preparation of various disclosure requirements.</li><li>Drawing up quarterly and annual economic valuation in accordance with Solvency II.</li><li>Providing reporting packs to the signing Actuary and External Auditors</li><li>Analysis of portfolio / cohorts and related date entries to ensure modelling applied is consistent and in line with reporting standards, under various accounting regimes.</li></ul>You come equipped with<ul><li>Degree in Actuarial Science</li><li>Fellow or Associate of the Society of Actuaries or equivalent.</li><li>Minimum of 5 years' valuations experience within a life insurance or reinsurance environment</li><li>Working knowledge of technical requirements and creative problem solving skills</li><li>Proven track record of the application of actuarial principles and methods</li><li>Strong time management skills and ability to prioritize tasks and responsibilities</li><li>Competent skills in MS Office, SAP, VBA, any other programming languages</li><li>Excellent written and oral communication skills</li><li>On a personal level, you can impress us with your strong analytical capabilities and an ability to work in a team. If you also value a methodical, self-reliant and responsible style of working and have a growth mind-set, our team is the one to join!</li></ul>What We Offer<ul><li>Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.</li><li>Benefits: Structured onboarding, flexible working hours, life and medical insurance as well as modern offers for personal development, health management and work-life balance are just some of our benefits.</li><li>Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!</li></ul>Apply simply and securely by clicking on the apply now button.

Munich Re Retakaful, part of Munich Re – the world’s largest reinsurer – is looking for an enthusiastic professional who is interested in technical actuarial pricing work, client interaction and enjoys the challenge of working in multiple markets and being part of a diverse team.You will cover all aspects of pricing for Individual and Group Family Takaful business for all markets under Munich Re Retakaful. You will also oversee treaty drafting and experience studies, and therefore lead the end-to-end process of pricing a quote to monitoring the experience. Reporting to the Chief Commercial Officer, this pricing team consists of 5 individuals, which includes the Senior Pricing Actuary (this role) and 4 pricing analysts.Your Role<ul><li>Lead the delivery of pricing initiatives for Individual and Group Family Takaful products for all covered markets including Malaysia, Indonesia, and Pakistan, ensuring compliance with internal standards, proper risk assessment and best practice.</li><li>Manage resource prioritisations, delivery timeline and partners.</li><li>Collaborate with client managers, underwriters and clients to develop new family takaful products/benefits with consideration of marketability and risk management.</li><li>Manage the end-to-end process of getting approval for quotes that exceed pricing authority (e.g. discussions with Regional Pricing, Underwriting and Claims team).</li><li>Develop the pricing team, providing team members with clear guidance and imparting technical knowledge to the team.</li><li>Develop pricing bases, pricing tools, and models.</li><li>Lead the treaty drafting and negotiations with clients, together with the client managers.</li><li>Lead treaty experience studies, collaborate with the regional experience analysis team to ensure consistent best practices, and present results and recommendations to internal stakeholders.</li></ul>

Milliman is seeking talented candidates to join our life insurance and family takaful consulting team in Kuala Lumpur. The candidates can expect to be involved in mergers &amp; acquisitions, risk management, and business/product strategy work in addition to traditional actuarial work.This role will involve exposure to work in Malaysia and other markets around the region and may involve international travel from time to time. A strong focus will be placed on the continuous technical and professional development of the candidates, with a view of the candidates taking senior responsibilities in the near future.The candidates should have minimum one year and up to five years of working experience in the life insurance and/or family takaful industry, and must be committed to achieving the fellowship in an international actuarial association.The ideal candidates must be talented in quantitative work, have good written and verbal communication skills, able to work well in teams, well-presented, and is able to contribute to a pleasant and friendly working environment. For experienced candidates, those with exposure in modelling-related work / projects (ideally using Prophet), financial reporting and insurance regulation would be ideal.

If you want to experience how things are done in our office Hannover ReTakaful B.S.C. (c) in Manama, Bahrain, start planning your next career step with us and join our collaborative team on a permanent, full-time basis, commencing at the earliest possible date as a Financial Reporting Actuary.Your Tasks<ul><li>Compiling and processing actuarial reserve analyses (SII, IFRS, AAOIFI)</li><li>Reporting and analysis to meet regulatory requirements.</li><li>Drawing up quarterly and annual financial statements in accordance with HGB and IFRS; including preparation of various disclosure requirements.</li><li>Drawing up quarterly and annual economic valuation in accordance with Solvency II.</li><li>Providing reporting packs to and engagement with the signing Actuary and External Auditors</li><li>Analysis of portfolio / cohorts and related date entries to ensure modelling applied is consistent and in line with reporting standards, under various accounting regimes.</li><li>Compiling and analysis of planning and forecasting information.</li><li>Prepare reports and analysis to management on performance and projected results.</li><li>Coordination and support of the Risk department.</li><li>Engagement and support with valuation teams in Hannover Office.</li><li>Continuous reviewing and improvement of processes</li><li>Training and knowledge sharing with the team</li></ul>Your Profile<ul><li>Degree in Actuarial Science</li><li>Fellow or Associate of the Society of Actuaries or equivalent.</li><li>Minimum of 5 years' valuations experience within a life insurance or reinsurance environment</li><li>Working knowledge of technical requirements and creative problem solving skills</li><li>Proven track record of the application of actuarial principles and methods</li><li>Strong time management skills and ability to prioritize tasks and responsibilities</li><li>Competent skills in MS Office, SAP, VBA, any other programming languages</li><li>Excellent written and oral communication skills</li></ul>On a personal level, you can impress us with your strong analytical capabilities and an ability to work in a team. If you also value a methodical, self-reliant and responsible style of working and have a growth mind-set, our team is the one to join!What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!If you too would like the assurance of a different way of working, take your next career step with us.

Milliman is seeking talented candidates to join our life insurance and family takaful consulting team in Kuala Lumpur. The candidates can expect to be involved in mergers &amp; acquisitions, risk management, and business/product strategy work in addition to traditional actuarial work.This role will involve exposure to work in Malaysia and other markets around the region and may involve international travel from time to time. A strong focus will be placed on the continuous technical and professional development of the candidates, with a view of the candidates taking senior responsibilities in the near future.The candidates should have minimum one year and up to five years of working experience in the life insurance and/or family takaful industry, and must be committed to achieving the fellowship in an international actuarial association.The ideal candidates must be talented in quantitative work, have good written and verbal communication skills, able to work well in teams, well-presented, and is able to contribute to a pleasant and friendly working environment.For experienced candidates, those with exposure in modelling-related work / projects (ideally using Prophet), financial reporting and insurance regulation would be ideal.<ul><li>Qualifications:</li><li>Talented in quantitative work</li><li>Good written and verbal communication skills</li><li>Able to work well in teams</li><li>Well-presented</li></ul><ul><li>Motivations:</li><li>Continuous technical and professional development</li><li>Senior responsibilities in the near future</li></ul>Experience:<ul><li>Minimum 1 year and up to 5 years of working experience in the life insurance and/or family takaful industry</li><li>Exposure in modelling-related work / projects (ideally using Prophet), financial reporting and insurance regulation would be ideal for experienced candidates</li></ul>Licenses &amp; Certifications:No specific licenses or certifications required

Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world.  A unique position exists to be a part of that global success story.This is an exciting, challenging opportunity to join LH2 Financial Reporting Team as Valuation Actuary. This team oversees valuation, reserving and financial reporting for Life and Health business of Munich Re entities in Asia markets (i.e., Southeast Asia, Malaysia Retakaful, Korea, Japan and MENA) and is embedded in the global Central Life Reserving team, which is covering all relevant global and local valuation bases including Solvency II, IFRS 17 and HGB.Offer:<ul><li>You will lead the supporting activities for Solvency II, IFRS 17, Local Statutory and HGB reporting for Asia entities</li><li>Responsible for mentoring and leading junior members</li><li>Perform regular experience monitoring, treaty performance analysis and assumption review</li><li>Maintain the valuation data, and ensure models and processes are up-to-date and with appropriate documentation</li><li>Close coordination with the heads of business units and finance departments to ensure treaties are accurately set up, valued and reported</li><li>Deliver high-quality information to management and relevant departments for their business decision-making</li><li>Provide support for business development activities</li><li>Maintain knowledge of current actuarial developments for multiple valuation bases (i.e., IFRS17) and developments in the (re)insurance industry across several markets</li><li>Close collaboration with the regional valuation team based in Singapore</li><li>You will have responsibility to lead ad-hoc projects or training</li></ul>Profile:<ul><li>Degree in Actuarial Science, Mathematics or Statistics</li><li>Qualified actuary of a recognised actuarial body (FSA, FIA, FIAI, FIAA or equivalent)</li><li>5+ years actuarial experience within the valuation function of life (re)insurance</li><li>Profound understanding of economic valuations (i.e., Solvency II or IFRS17)</li><li>Strong analytical, problem solving and research skills</li><li>Excellent verbal and written communication skills</li><li>Personality traits: responsible, proactive, adaptive, meticulous, team player but with the ability to work independently</li><li>Proficiency in excel (can perform complex functions), VBA and database management systems</li><li>Working knowledge of traditional life, health and financial reinsurance business is an advantage</li><li>Knowledge of other local specific reporting basis (i.e., Korea GAAP, Japan GAAP) is an advantage</li><li>Knowledge of Retakaful business is an advantage</li></ul>About Munich ReOur business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you. At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world.  A unique position exists to be a part of that global success story.
This is an exciting, challenging opportunity to join LH2 Financial Reporting Team as a Valuation Actuary.  This team oversees valuation, reserving and financial reporting for Life and Health business of Munich Re entities in Asia markets (i.e., Southeast Asia, Malaysia Retakaful, Korea, Japan, India and Greater China) and is embedded in the global Central Life Reserving team, which is covering all relevant global and local valuation bases including Solvency II, IFRS 17 and HGB. Offer:<ul>
<li>You will take the lead on Solvency II, IFRS17, Local Statutory and HGB reporting for Asia entities.</li>
<li>Responsible for mentoring and leading junior members of the valuation team</li>
<li>Perform regular experience monitoring, treaty performance analysis and assumption review</li>
<li>Maintain the valuation data, and ensure models and processes are up-to-date and with appropriate documentation.</li>
<li>Close coordination with business units and CFO departments to ensure treaties are accurately set up, valued and reported.</li>
<li>Deliver high quality information to management and business units for their business decision-making.</li>
<li>Provide support for business development activities.</li>
<li>Maintain knowledge of current actuarial developments for multiple valuation bases (i.e., IFRS17) and developments in the (re)insurance industry across several markets.</li>
<li>You will have responsibility to lead ad-hoc projects.</li>
</ul>Profile:<ul>
<li>Degree in Actuarial Science, Mathematics or Statistics</li>
<li>Qualified actuary of a recognised actuarial body (FSA, FIA, FIAI, FIAA or equivalent)</li>
<li>5+ years actuarial experience within the valuation function of life (re)insurance</li>
<li>Strong analytical, problem solving and research skills</li>
<li>Excellent verbal and written communication skills</li>
<li>Personality traits: responsible, proactive, adaptive, meticulous, team player but with the ability to work independently</li>
<li>Proficiency in excel (can perform complex functions), VBA and database management systems.</li>
<li>Knowledge of economic valuations (i.e., Solvency II or IFRS17) is an advantage.</li>
<li>Working knowledge of traditional life, health and financial reinsurance business is an advantage.</li>
<li>Knowledge of AXIS is an advantage.</li>
</ul> Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.  At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.<div>Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world.  A unique position exists to be a part of that global success story.This is an exciting, challenging opportunity to join LH2 Financial Reporting Team as a Valuation Actuary. This team oversees valuation, reserving and financial reporting for Life and Health business of Munich Re entities in Asia markets (i.e., Southeast Asia, Malaysia Retakaful, Korea, Japan, India and Greater China) and is embedded in the global Central Life Reserving team, which is covering all relevant global and local valuation bases including Solvency II, IFRS 17 and HGB.Offer:<ul><li>You will take the lead on Solvency II, IFRS17, Local Statutory and HGB reporting for Asia entities.</li><li>Responsible for mentoring and leading junior members of the valuation team</li><li>Perform regular experience monitoring, treaty performance analysis and assumption review</li><li>Maintain the valuation data, and ensure models and processes are up-to-date and with appropriate documentation.</li><li>Close coordination with business units and CFO departments to ensure treaties are accurately set up, valued and reported.</li><li>Deliver high quality information to management and business units for their business decision-making.</li><li>Provide support for business development activities.</li><li>Maintain knowledge of current actuarial developments for multiple valuation bases (i.e., IFRS17) and developments in the (re)insurance industry across several markets.</li><li>You will have responsibility to lead ad-hoc projects.</li></ul>Profile:<ul><li>Degree in Actuarial Science, Mathematics or Statistics</li><li>Qualified actuary of a recognised actuarial body (FSA, FIA, FIAI, FIAA or equivalent)</li><li>5+ years actuarial experience within the valuation function of life (re)insurance</li><li>Strong analytical, problem solving and research skills</li><li>Excellent verbal and written communication skills</li><li>Personality traits: responsible, proactive, adaptive, meticulous, team player but with the ability to work independently</li><li>Proficiency in excel (can perform complex functions), VBA and database management systems.</li><li>Knowledge of economic valuations (i.e., Solvency II or IFRS17) is an advantage.</li><li>Working knowledge of traditional life, health and financial reinsurance business is an advantage.</li><li>Knowledge of AXIS is an advantage.</li></ul>Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you. At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.</div>

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