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This job is a Senior Manager in Actuarial Audit, where you'll assess and improve internal controls for a leading insurance group. You might like this job because you’ll directly influence business strategies and help shape healthier lives across the Asia Pacific!

Undisclosed

Kuala Lumpur, MY-AIA Malaysia, Kuala Lumpur

Full-Time

few days ago

Job Description

FIND YOUR 'BETTER' AT AIA

We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we’d love to hear from you.

About the Role

The individual will provide management and the Board with an objective, independent assessment of the internal control systems through the planning and execution of audit assignments of actuarial and related business processes across AIA Group. The individual will also add value to management by providing appropriate business-oriented recommendations. He/she will be responsible for the delivery of the overall audit plan, reporting to committees and management, and supervising and developing the team.

  • Auditor with Actuarial and Financial Risk experience to help identify key risks at the local level with a focus on actuarial and financial risk areas, e.g. valuation, product development & pricing, reinsurance, asset liability management, actuarial system considering the relevant strategies and business environment.

  • Execute Actuarial and Financial Risk related audits with primary focus on the Malaysia entities and then other local business units within the Asia Pacific region; evaluate the adequacy of controls according to established schedule and quality.

  • Liaise with local and specialist team members and ensure that the working papers, draft audit reports and other deliverables meet internal standards and assignments are completed within budgeted time.

  • Follow-up outstanding audit issues and monitor timely completion of agreed remedial actions by management.

  • Monitor audits being performed by regulators, external auditors (for special projects, if any), other entities’ auditors and other groups providing assurance. Partner with internal audit colleagues in integrated audits where appropriate.

  • Provide professional oversight and challenge to identify any high risk areas/issues and share analytical insights to the Group and business units in the Actuarial and Financial Risk Management Group Functional area.

  • Stay abreast of development and build awareness of the Actuarial  and Financial Risk Management in the GIA and the Company.

  • Liaise with the control community and other members of the company to contribute to the implementation of an effective and efficient system of internal control.

  • Develop rapport with business unit management through regular communication of changes in business operations, emerging risks and potential issues, etc.

  • Involve in the implementation of new processes and systems of the company to provide an independent view to management of the quality and effectiveness of the projects.

  • Take the initiative in improving self through classroom and on-the-job trainings.

  • Perform other responsibilities and duties periodically assigned by the Head of Internal Audit in order to meet operational and/or other requirements.

Job Requirements :

  • University graduates of Mathematics, Actuarial Science, Statistics  or equivalent

  • Good command of both oral and written English

  • Strong leadership, project management and organisation skills

  • Solid problem solving skills, ability to analyse complex data, identify core issues, investigate, evaluate and reach appropriate conclusions

  • Ability to work under pressure and meet milestones within time, cost and quality constraints

  • Excellent analytical, written/verbal communication, presentation, interpersonal, and relationship building skills

  • Ability to adapt to changes quickly and multi-task

  • Willing to travel across the regions

  • Minimum eight years of actuarial, life insurance or other relevant experience

  • Prior audit experience is an asset

  • A relevant professional qualification such as Fellow of the Society of Actuaries (FSA) or equivalent actuarial experience

  • Strong understanding of insurance and legislative/regulatory requirements

  • Knowledge with audit tools would be an asset, and other software such as IDEA (data analytic tools), Prophet MS Office (Actuarial Software), intermediate knowledge on IT

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.


Job Requirements


Company Benefits

Wellbeing support

We offer a range of wellbeing tools and programmes to help you think well, feel well, plan well and live well.

Opportunities for career growth

With our diverse up-skilling, mentorship, job mobility and career experiences, we will help shape your career, your way.

Diverse team culture

It's our differences that make us better together. We empower you to be your best and make a difference in your own unique ways.


Additional Info

Company Activity

Last active - few hours ago


Company Profile

AIA Malaysia (Insurance)-logo-image

AIA Malaysia (Insurance)

Do you believe in helping shape a better, more sustainable future? As the largest listed company on the Hong Kong Stock Exchange, we've been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030. Source: AIA Careers Page