Actuarial Auditor (Group Internal Audit)
Insurance Company
Full Time
Kuala Lumpur
Posted 8 months ago
Company Business Nature:
One of the oldest insurance company which includes life insurance plans, investment-linked plans, mortgage protection, business protection, employee benefits, medical insurance and group health benefit schemes.
Location: Kuala Lumpur
Working Days: Monday – Friday
Key Responsibilities:
- Ensures coverage of relevant regulatory requirements and recommends improvements to corporate policies, procedures and practices.
- Leads or participates in the planning for each audit assignment to ensure performance of audit assignments, quality of reports and timeliness of deliverables.
- Develops audit plans and programs. Ensures that these documents are up-to-date and suitable to the current operating environment of the auditee.
- Ensures timely reporting of findings, risks and recommendations for auditee’s response and finalization of report to AC (Audit Committee).
- Leads or participates in other ad-hoc assignments including special projects and investigations.
- Assists in the follow-up with auditees on outstanding audit findings through the issuance of Audit Tracking Report and verification of resolved findings.
- Ensures that audit operating standards and procedures are observed, and requirements of the Quality Assurance Review are met.
- Assists in the administration of Group Internal Audit and ensures effective and efficient usage of the Department’s resources.
- Assist the Head of Internal Auditor in ad-hoc assigned non-audit responsibilities (if any).
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
- Highlights any potential concerns/risks and proactively shares best risk management practices.
Qualifications/Requirements:
- Minimum 6 years of experience in the Actuarial field, including pricing and valuation experience
- Familiar with the regulatory requirements specific to Actuarial, including risk-based capital
- Proficient in Actuarial work applications such as Prophet, MS Excel and MS Access
- Able to travel overseas when required (once/ twice every quarter)
Salary: RM10,000 -RM13,000