Desk calendars to be given away

We have 20 desk calendars to be given away to Insurance News regular readers.

To receive one of the calendars, all you have to do is email us a scanned copy of your recent business card.

The calendar will be mailed to the business address on your business card and due to cost constraint, we will only mail to an address in Malaysia.

The first 15 readers with an insurance related job title (including but not limited to actuarial title) on their business cards will be sent a desk calendar. The 16th to 20th readers with an actuarial title on their business cards will also receive the same.

Pricing Associate

We are now searching for an actuarial Associate for a pricing position to be based in Kuala Lumpur. The ideal candidate should meet the following requirements:

• An Associate of a recognised actuarial body
• At least 2 years experience in pricing life insurance products
• Familiar with Prophet software

The job offers

• Opportunity to travel to a neighbouring country on a regular basis
• International work experience
• MNC work environment

This position is also eligible for the reward under our current iPhone Campaign, subject to the same terms & conditions.

Please contact us to find out more.

Note: Please refer to Vacancies page (updated: 17/11/09) for more actuarial positions.

iPhone campaign extended

Further to our announcement on Thursday, we are pleased to offer the same iPhone campaign on the same terms and conditions to the following position in Malaysia. The candidate we are looking for:

• Is a newly/nearly qualified Fellow with at least 7 years actuarial experience. Candidates who make less progress in actuarial exams but who are very experienced are strongly encouraged to apply.
• Has at least 3 years experience supervising a team of not less than 3 subordinates.
• Is knowledgeable in both life insurance valuation and product pricing.
• Is mature and be able to work independently with minimal supervision.

Actuarial vacancies in Singapore & Indonesia

We are currently running a special campaign and a brand new iPhone 3GS could be yours!

To become the proud owner of an iPhone 3GS (16 GB), you need to:

1. Email us your contact number and mention which vacancy you are interested in;
2. Be successfully placed by us to fill one of the vacancies listed below; and
3. Stay with your new employer for at least 6 months.

Please note that the normal RM500 Placement Reward is not applicable to vacancies listed below.

We have the following actuarial vacancies located in both Singapore and Indonesia. We are looking for suitable candidates with the following qualifications and experience:

1. Fellow, with 5 years or more post qualification life insurance experience. Location: Singapore


2. Fellow, with total work experience of 7 years or more, mainly gained in the life insurance field including experience in product pricing. Location: Singapore & Indonesia


3. Near Fellow, Associate or near Associate, with total work experience of 4 years or more and prior exposure to life insurance financial reporting. Location: Singapore & Indonesia


4. Near Fellow or Associate with total work experience of 4 years or more, have experience in life insurance product pricing. Location: Indonesia

Once we receive your contact details, we will get in touch with you to discuss the positions further. All enquiries are treated with strict confidence.

For vacancy in Malaysia eligible for this campaign, please click here.

Are you hot?

You are hot this week if:

• You have 4 years or so of actuarial work experience and some Prophet knowledge; OR


• Nearly or newly qualified with at least 3 years of managerial experience managing a medium to big size team

If somehow you have not received a call from us in the past week or so, sorry we have overlooked or you are just not on our radar screen. Email me so I can give you a call to share more information with you.

Vacancies in Indonesia and Japan

In addition to various actuarial vacancies in Malaysia and Singapore, we now also have vacancies in Indonesia and Japan.

Highlights of some of the vacancies we have:

• Malaysia: Appointed Actuary, Pricing Manager with opportunity to travel to a nearby country.
• Singapore: Appointed Actuary, Head of Actuarial.
• Indonesia: Chief Actuary, Pricing Head

For more information, please visit vacancies.

Singapore is recruiting

I have a few actuarial positions with various employers in Singapore.

If you have:

• 6-15 years of actuarial work experience;
• Either progressing well in actuarial exams or are already qualified; and
• Is currently in managerial position

Please let me know and I will discuss (confidential and obligation free basis) with you further on the positions .

Actuarial Audit Talk

ASM conducted a talk on Actuarial Audit today. Questor Ng, an actuary who works in Corporate Audit Services of ING gave a presentation on audit processes in insurance company, with particular reference to audit on actuarial functions.

The talk was held in Wisma AIG, due to the small room size, the number of participants was limited to 40. However, only about 30 plus members signed up for the event.

When asked about the most interesting and most frustrating parts of the job, Questor says for those who look for opportunity to travel and exposure to various actuarial techniques, the job is a rewarding one. However, auditors are not the most popular people in the organisation and they must be prepared to handle situations that sometimes can turn hostile.

Earlier this week, Questor also presented the same talk to some internal auditors of insurance companies in Malaysia. It was very well received and most internal auditors are now considering hiring actuaries or actuarial staff in their department. Who knows, TAS Search may be searching for actuarial audit staff pretty soon! Stay tuned.

Joint Regional Seminar 2009

The Joint Regional Seminar (JRS) 2009 kicked off yesterday in Kuala Lumpur. The 1 1/2 day event saw 108 participants coming from Malaysia, Singapore, Indonesia, Sri Langka and Pakistan despite travel restrictions/fear with the spread of A(H1N1) flu in the region.

JRS has been an annual actuarial event (with the exception of 2008) since early 2000. It is a seminar jointly organised by the Faculty and Institute of Actuaries, the Institute of Actuaries of Australia and the Society of Actuaries. The event is normally held in 4 - 5 locations in the region with the support of the local actuarial body. This year, Kuala Lumpur is the first stop, followed by Taipei, Hong Kong, Shanghai and Bangkok.

The theme for JRS 2009 is "Practical Actuaries and Financial Reporting". 6 speakers presented their papers on Day 1 and the morning of Day 2 was dedicated to a workshop conducted by a senior actuary who was instrumental for introducing JRS to this region.



















More photos: search for "Actuarial Society of Malaysia" in Facebook, all photos to be uploaded by Friday.

Actuarial Manager - Corporate Actuarial

We have an MNC client looking for an Actuarial Manager to lead the Corporate Actuarial Department handling various reporting functions.

The candidate we look for should ideally meet the following:

• At least 5 years work experience with minimum of 2 years supervisory experience
• Making good progress in professional exams
• Strong proven actuarial skills

If you would like us to call you with more details, please email us.

Appointed Actuary

We are searching for an actuary to be the appointed actuary of a company based in Kuala Lumpur. If you meet the following requirements, we would be glad to hear from you:

• 30 years or older
• At least 3 years experience post qualification
• FIA, FSA, FIAA, FFA or FCIA

Candidates who meet most of the above criteria are also encouraged to enquire.

Please contact us for a confidential chat.

Heads of Actuarial Department

We currently have various head of actuarial department/section positions with various clients in Kuala Lumpur:

• Head of Valuation Department
• Head of Pricing Department
• Head of Product Development Department
• Head of GI Actuarial Department

For more information, visit Vacancies.

Head of Product Development and Pricing

A takaful operator based in KL is looking for a suitable candidate to head the Product Development and Pricing Department. You will be involved in both family and general takaful products. Prior experience in takaful environment would be preferred but experienced candidates in conventional life insurance are encouraged to apply.

Ideally you should be at associate level or progressing well in your actuarial exams, with some years of management experience and a good knowledge of takaful/insurance products available in the market.

To find out more, please click here.