FWD Group

Pan-Asian life insurer with digital solutions

Executive – Group Capital Reporting

Actuarial & Risk ModellingUpdated on Nov 12

Full-timeKuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaNo salary listedIn-person

About the Job

Requirements

A degree in Actuarial Studies or Mathematics is required.
At least 2 years of experience in an actuarial role is required.
Proficiency in Excel is required.
Strong analytical and inquisitive ability, with attention to detail, is required.
Ability to work well in a team and deliver as an individual contributor is required.
Results-driven adaptability, good interpersonal skills, and strong written and communication skills are required.

Responsibilities

Prepare required Group reporting forms, including Economic Capital, Liquidity, and GWS reports, with analysis of movements and trends.
Conduct Economic Capital reporting for the annual Business Plan submission.
Prepare and analyze monthly persistency and collection ratio reports for the Group and Agency team, segmented by distribution channel and agency group.
Conduct monthly reporting to Group for Medical Accidental & Health and Health Annual Product Review, including claims amount and provision, gross earned contribution, and allowance expense for medical products.
Perform experience studies, including detailed monitoring, and highlight observed trends to management.
Ensure valuations comply with regulatory requirements and Group policies.
Ensure results are understood and clearly communicated to management.
Continuously improve the valuation process for accuracy, checking, and controls, while ensuring calculation methodology complies with regulatory requirements.
Develop and enhance control and governance processes to comply with new Group policies and recommendations from auditors or consultants, including those relating to reporting.
Support assigned projects and ensure they remain on track and are completed on schedule to a high quality.

Desired Qualifications

Good exam progress with recognized international actuarial bodies, such as IFoA, SOA, or IOAA.
Knowledge of or experience with Prophet and/or DCS.

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 34 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 www.fwd.com

About FWD Takaful Berhad

FWD Takaful Berhad (“FWD Takaful”) is a takaful provider in Malaysia that offers family takaful services. FWD Takaful is licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia. FWD Takaful is a takaful business unit of FWD Group.

Visit https://www.fwd.com.my

Join us

We’re proud to be a company that encourages and nurtures fearless innovation in achieving our vision of changing the way people feel about takaful. Our teams come from a wide variety of industries and backgrounds because we value developing a truly diverse pool of talent that brings different perspectives and experiences. Our values – committed, innovative, proactive, open, and caring – define who we are and what we do as we work together to bring our vision to life, every single day.

KEY ACCOUNTABILITIES

Prepare the Group reporting required forms e.g. Economic Capital, Liquidity, GWS etc. with sufficient analysis on the movements and trends.
Conduct the Economic Capital reporting for annual Business Plan submission.
Prepare and analyze monthly persistency and collection ratio reports for Group and Agency team, segmented by distribution channel and agency group.
Conduct reporting for monthly Medical Accidental & Health (A&H) and Health Annual Product Review (APR) to Group, which includes claims amount and provision, gross earned contribution and allowance expense for medical products.
Perform experience studies (including detail monitoring) and highlight any trends observed to management.
Ensure that all valuations are perform in accordance to regulatory requirement and group policies.
Ensure the results are well understood and communicated clearly to management.
Continuously improve the valuation process in terms of accuracy, checking and controls while also ensure calculation methodology is compliance with regulatory requirements.
Develop and enhance existing control and governance process to comply with new policies issued by group as well as recommendation from auditors / consultants not limited to reporting process.
Provide support on projects where assigned and ensure projects are running on track and complete on scheduled with high quality.

QUALIFICATIONS / EXPERIENCE

Senior Executive: Minimum 2 years of experience in Actuarial Role
Degree in Actuarial Studies or Mathematics
Good exam progress from Recognised International Actuarial Bodies (eg IFOA, SOA, IOAA) will be an added advantage

KNOWLEDGE & TECHNICAL SKILLS

Proficiency in Excel
Knowledge / experience in Prophet and / or DCS will be an added advantage
Highly analytical and inquisitive with attention to details
Able to work well in a team and also deliver as individual contributor
Results driven and adaptable with good interpersonal and strong written and communication skill

About the Company

FWD Group

Pan-Asian life insurer with digital solutions

FWD Group is a pan-Asian life insurer serving ten markets with life, medical, general, employee benefits, takaful, and Shariah products. Its offerings are delivered through digital channels and a jargon-free experience, with tools like the Omne app and online claims that simplify buying, managing, and filing claims for plans such as Set for Health and FWD Max Wealth. The company differentiates itself with a digital-first, customer-centric approach and a strategy of rapid expansion through acquisitions and partnerships, including Shariah-compliant options. Its goal is to make insurance accessible, transparent, and customer-led across Asia while growing its market presence and profitability.

Company size: 10,001+
Company stage: IPO
Headquarters: Eastern District, Hong Kong
Founded: 2013

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