Assistant Manager, Insurance Risk

Do you want to work in a high-trust culture where you'll feel empowered to make decisions that result in impact?

You will be responsible for risk identification, assessment, monitoring and reporting of key financial and insurance risks, as well as following up on risk mitigation actions of Allianz Life Insurance Malaysia Berhad (ALIM).

You'll be responsible for:

• Perform stress tests and participate in the Internal Capital Adequacy Assessment Process (ICAAP) to ensure adequate capital to meet the Company's capital requirements on an ongoing basis.
• Conduct risk reviews on financial and insurance risk areas including:
• New investments and investment limits customization;
• Strategic Asset Allocation (SAA) and Asset Liability Management (ALM)
• Investment management process and governance;
• Product risk assessments and new product development;
• Reinsurance arrangements.
• Conduct regular monitoring to ensure compliance with all risk-related policies and limits as per the Company's Risk Management framework, Allianz Group frameworks as well as local regulations.
• Prepare required risk reports to various stakeholders including the Management, Board, Allianz Regional/Group Risk and BNM on a timely basis.
• Assist in the implementation of any new initiatives within the risk management function.
  
  
  

Important to your success:

• Minimum Bachelor's Degree in Actuarial Science / Statistic / Mathematics or equivalent.
• At least 1 years of relevant working experience in pricing, actuarial or financial risk management in the life insurance industry.
• Strong analytical and problem solving skills.
• Must be self-motivated and able to work independently.
• Good command of spoken and written English & Bahasa Malaysia.
• Knowledge of Risk-Based Capital Framework and BNM Product Guidelines will be an added advantage.
  
  
  

Let's care for tomorrow. For helping the business to better manage risk.

Disclaimer: We appreciate your interest in joining our team. Due to the high volume of applications we receive, we are unable to provide individual feedback to every applicant. If you do not hear from us within 14 days of submitting your application, please assume that you have not been selected for this position.

56805 | Risk Management | Professional | Non-Executive | Allianz Malaysia | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Great to have you on board. Let's care for tomorrow.