Job ResponsibilityDescription :
In today's world, audit is no longer just about compliance. It is about cutting edge and risk basedmethodologies and knowing what is happening in the outside world. Our Assurance practice helps addvalue to clients through audit, management assurance, advisory and information risk managementservices.
Integrity, quality and independence are the building blocks of KPMG's approach. Fundamental to a risk-based audit approach, we understand the way our clients run their businesses and drive theirperformances and the way this impacts their financial statements. KPMG's extensive experience andproprietary tools have enabled us to provide seamless service to clients across industry sectors andgeographical boundaries.
Responsibilities :
1. Assist in external and internal audit to life and general insurers and reinsurers, and provide actuarialsupport to the audit team in the following scopes:
- Review and audit of life/non-life insurance liabilities valuation which includes assumptions setting,application of methodologies, actuarial processes and controls, adequacy of reserves on variousvaluation/reporting regulatory requirements (i.e., Malaysian RBC Framework, European Embedded Value(EEV), International Financial Reporting Standard (IFRS), etc.).
- SoX audit which cover financial reporting controls of technical reserving processes, Solvency IIrequirements and Insurance Group Directives (IGD).
- Evaluating and testing the sufficiency of clients' other internal process (e.g. claims and reservingprocesses).
- Reviewing actuarial models, data accuracy and exhaustiveness (data collection, reconciliation andtesting databases, etc.).
2. Assist and support actuarial advisory projects covering scopes such as business strategy (e.g. mergerand acquisitions, optimization of distribution channels, business planning and strategizing), financialreporting (e.g. insurance accounting change of IFRS 17 and MFRS 9), pricing (e.g. effectiveness of productlaunch and optimization of operations), capital management (e.g. capital optimization) and data &analytics (e.g. data governance and enterprise data management).
3. Assist and support independent actuarial review in a broad range of life and non-life insurance areas.
Requirements :
* Minimum Degree / Master's Degree in Actuarial Science or related discipline.
* Fresh graduates or candidates with 1-2 years of related working experience.
* Good progress in pursuing professional actuarial qualification.
* Strong analytical skills.
* High technical ability and good interpersonal skills.
Job RequirementsJob Benifits
