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M/SM - Actuarial Services (Life & General Insuranc (Petaling Jaya)

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Job Description

Description

We are seeking experienced actuarial professionals to support our growing Life Insurance practice, with a primary focus on actuarial audit support alongside broader advisory engagements.

You will play a key role in delivering high-quality actuarial work across financial reporting, valuation, and capital-related areas, while working closely with audit, finance, and risk teams.

This role offers exposure to a wide range of actuarial topics including IFRS 17, Embedded Value, capital and solvency (RBC), and actuarial modelling, within a dynamic and collaborative environment.

Responsibilities

Actuarial Audit & Assurance

  • Lead and deliver actuarial support for external audit engagements for life insurers
  • Perform independent review and challenge of:
  • Valuation methodologies, models, and assumptions
  • Liability calculations (reserves, BEL, RA, CSM where applicable)
  • Movement analysis and financial reporting outputs
  • Assess reasonableness and consistency of actuarial results against experience, expectations, and prior periods
  • Evaluate controls, governance, and model integrity within actuarial processes
  • Work closely with audit and finance teams to ensure audit evidence is robust, well-documented, and meets regulatory standards
  • Manage audit timelines, resolve technical issues, and communicate findings to senior stakeholders

Advisory & Technical

  • Provide actuarial input across:
  • IFRS 17 reporting and analysis
  • Embedded Value / VNB
  • Capital and solvency (RBC / economic capital)
  • Actuarial modelling and system-related work

Leadership & Stakeholder Management

  • Manage engagements and act as key client contact point
  • Review work, ensure quality, and mentor junior team members
  • Support business development and practice growth initiatives

Requirements

  • Degree in Actuarial Science or related discipline
  • 7-12+ years of relevant experience in life insurance (consulting or industry)
  • Strong exposure to:
  • Actuarial valuation / reporting
  • IFRS 17, EV, or capital frameworks (RBC)
  • Actuarial modelling tools (e.g. Prophet, RAFM)
  • Prior experience in audit or audit support would be an advantage
  • Strong communication skills with ability to engage senior stakeholders
  • Proven ability to manage teams and deliver under tight timelines

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About Company

Job ID: 146511937

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