KPMG in Malaysia

Actuarial (Life Insurance - Audit) - Manager/ Senior Manager

Location
Petaling Jaya
Salary
Competitive salary
Posted
12 Jun 2019
Closes
12 Jul 2019
Ref
PJ Audit - ACTU (M/SM)
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time

Description:

In today’s highly complex business environment, insurers face challenges ranging from complex financial reporting standards, increasing regulatory compliance to technology threatening the traditional business model against the backdrop of volatile markets and increasing consumer demands. As part of KPMG actuarial audit team, you will help our clients manage these challenges with our broad and extensive experience drawn from diverse assignments across the insurance sector.

Responsibilities:

As a manager/senior manager, your responsibilities include but not limited to:-

  • Provide independent reviews and supports on audit projects, such as
    • Reviewing the adequacy, assumptions and methodology of clients’ insurance-related reserves for local regulatory and IFRS reporting purposes.
    • Reviewing data accuracy and exhaustiveness (data collection, reconciliation and testing databases).
    • Compiling and circulating regulation manual for use by insurance unit in auditing regulatory submissions.
    • Evaluating and testing the sufficiency of clients’ internal process. This encompassed the claims and reserving processes.
  • Communicate effectively with various stakeholders to provide quality deliverables in a timely manner.
  • Assist and support in developing, growing, and maintaining good connection with team members and clients.
  • Mentor and train junior staff.
  • Support the projects outside the core areas such as advisory and general insurance.

Requirements:

  • Minimum Degree / Master Degree in Actuarial Science or related discipline.
  • At least 7 years of working experience in life insurance with supervisory experience.
  • Fluency in both written and spoken English.
  • In-depth knowledge on life insurance and actuarial.
  • Proficiency in actuarial tools such as Microsoft Excel, Fox pro/Prophet/Moses/etc.
  • Excellent problem solving ability and interpersonal skill.
  • Strong leadership skill.

For further information, and to apply, please visit our website via the “Apply” button below.

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