Assistant Manager Actuarial Modelling Project Unit

  • Competitive
  • Kuala Lumpur, Malaysia
  • Permanent, Full time
  • HSBC Bank (M) Berhad
  • 11 Dec 17 2017-12-11

Assistant Manager Actuarial Modelling Project Unit

Job Description - Assistant Manager, Actuarial Modelling & Project Unit
Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Amanah Takaful (INMY) leverages the HSBC Group's international experience and expertise in Islamic finance to offer a wide range of innovative and accessible Family Solidarity and General Takaful products to both consumers and corporate customers throughout Malaysia.

We are currently seeking an ambitious individual to join our Amanah Takaful team in the role of Assistant Manager Actuarial Modelling & Project Unit, working together with colleagues to define, manage and achieve divisional business targets.

Principal responsibilities
· To develop, review and enhance the model for the following Actuarial functions in both family and general Takaful businesses:
o Financial reporting (in-force products) for both statutory and regional requirements
o Product pricing (new or re-priced products)
o Product illustration
o Retakaful arrangement
o Surplus calculation
o Experience analysis
o Generalized linear model ("GLM")
· To improve the model management processes e.g. documentation of model, data control, tables control, check and balances
· To support the Actuarial and Risk Functions on a project by project basis.
· Ensure the model has complied with all regulatory as well as IFIM requirements within the timeline
· Ensure the model for new products can be completed within timeline
· Ensure best practices are adopted for control and documentation

Qualifications
Requirements

  • Degree Holder in Actuarial Science
  • Requires sound actuarial knowledge as well as experiences in order to ensure the accuracy of models developed
  • Required a good working knowledge of Prophet
  • Prior relevant experience in Takaful an added advantage
  • Good analytical skills