Assistant Manager, Family Takaful & Life Insurance Risk Management

Job Purpose

You will support the Family Takaful & Life Insurance Risk team to develop, improve and implement risk management frameworks, policies, guidelines/procedures, methodologies and reporting in alignment with the business objectives of Etiqa's aspirations.

Job Responsibilities

1. You will continuously develop new/revise risk analytics and models in assessing Etiqa's underwriting performance.
2. You will collaborate with internal Family Takaful & Life Insurance business functions, i.e. Actuarial, Underwriting, Reinsurance and Claims, as well as, external parties, i.e. Reinsurers and Reinsurance Brokers in evaluating the effectiveness on the analytics, models and tools in assessing Etiqa's risks.
3. You assist in preparation of report on the risk assessment to management for further actions by business functions.
4. You will perform data extraction and data cleaning to assess, monitor and share the due collection performance to the channels and collaborate with channels and other relevant parties such as data governance team in evaluating the performance and effectiveness of actions taken for the persistency risks.
5. You will collaborate with Shariah Risk Division for feedback and input for family takaful products and incorporate enhancement if there is any change in regulatory requirements
6. You will assist in review marketing materials, brochures, fund fact sheets, policy/certificate documents, and relevant collaterals for BNM filings and advertising.

Job Requirements

1. You must have a bachelor's degree in actuarial science or in mathematics.
2. You must have at least 5 years of working experience either in actuarial or risk management. Having prior experience in product development or in insurance analytics.
3. You must possess strong interpersonal, analytical and problem solving skills to enable further success in this role.