Assistant Manager, TIM Actuarial IFRS17

About FWD Group FWD Group (<1828.HK>) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market. PURPOSE Assist the Head of TIM IFRS 17 or IFRS17 Country Lead by Managing IFRS17 results generation process for corresponding business unit ("BU"). KEY ACCOUNTABILITIES Assist the IFRS17 Country Lead by providing technical and other general support or coaching to the team to ensure work quality is achieved accordingly Assist the IFRS17 Country Lead by: managing the IFRS17 results generation process for corresponding BU, and ensuring quality and on-time delivery reviewing the generated IFRS17 results and ensure all validation passed or with reasonable justifications raising data issues and findings to BU Actuarial and/or finance, working closely with BU local data representatives on resolving data issues, propose workaround solution for BU to execute coordinating incoming requests from Group Actuarial, BU, downstream teams such as Alteryx, Oracle and Group Finance. managing updates, communication and project expectations with Group Actuarial and BU throughout the production cycle or ad-hoc runs and ensure successful delivery of IFRS17 results exercising judgement using advanced analytical skills and IFRS17 knowledge to perform checking and test, interpret, define and communicate impacts and mitigation actions, as well as maintain documentations for stakeholders analysing the issues and findings including practical recommendations to close relevant gaps or risks. Escalate issues to the IFRS17 Country Lead on a timely manner performing compliance checks and ensuring all time compliance with the Group Governance policy including the model documentation, modelling processes and controls. Analyzing and explaining results to business units Improving operation manuals based on learnings from production cycle and discussing further process or tool enhancements with the IFRS 17 Country Lead manage ad-hoc run requests from Group Actuarial or BUs during result production manage data preparation and other processes surrounding IFRS 17 results generation, as requested by the BUs Manage end-to-end Actuarial projects/initiatives from Group Actuarial and BUs. KEY PERFORMANCE INDICATORS Effectiveness, timeliness, and accuracy of the operation support Engagement and development of team members Value added to local business units EXTERNAL & INTERNAL CONTACTS Head of TIM IFRS 17 Local CA and IFRS 17 team Group Actuarial Group Finance Application Support Team Data validation team TIM IFRS17 CSM Development Lead and team QUALIFICATIONS / EXPERIENCE 5 to 6 years insurance experience in actuarial functions Bachelor’s degree (or equivalent) in Actuarial Science or other Mathematics/Statistics based major Nearly fellowship member of an internationally recognised actuarial professional body KNOWLEDGE & TECHNICAL SKILLS Good understanding of Actuarial valuation processes and IFRS17 Good Prophet experience Good Excel skills Good Python skills Good analytical skills COMPETENCIES Good team leadership and management skills Good facilitation, negotiation and problem resolution skills Good strategic thinking ability to prioritize and balance multiple tasks or project. Strong analytical skills Good communication and presentation skills Fluent in English speaking and written skills OTHERS Flexible to travel