Actuarial Analyst

Liberty General Insurance Berhad; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

Liberty General Insurance Berhad is seeking an Actuarial Analyst within the LII APAC ADSS team to provide technical and administrative support across Pricing, Enablement, Regulatory analysis, and Data Science functions.

The role emphasizes analytical work, data handling, tool development, and collaboration with multi-functional teams to enhance ADSS capabilities and adherence to best practices.

Qualifications

• Advanced Excel is required and data analysis skills are essential.
• Experience designing and delivering digital solutions (e.g., actuarial analysis/process improvements in Python) is desirable but not required.
• Foundational knowledge of relevant regulatory requirements, insurance and markets.
• Good knowledge of insurance operations and ability to engage with multi-functional teams.
• Experience delivering work independently with a focus on enablement through efficient, high-quality processes.

Responsibilities

• Aid in preparation of analyses using mathematical and statistical skills and synthesize data for initiatives.
• Retrieve, understand and manipulate data; document methods and activities clearly.
• Provide actuarial technical assistance and information to other departments.
• Provide guidance and training to less experienced actuarial staff.
• Assist in creation and maintenance of actuarial tools.
• Prepare more complex ADSS reports and studies.
• Present findings to peers and non-technical audiences with clear communication.
• Support efforts to build ADSS capabilities and drive continuous improvement.
• Collaborate with Actuarial peers to ensure consistency and best practices.
• Perform other duties as assigned; take initiative in developing technical and soft skills.

Skills

Analytical skills

Advanced Excel

Communication skills

Time management

Education

Bachelor's degree in a numerate field

Tools

Python

Job description

The Liberty Insurance International APAC (LII APAC) Actuarial and Data Science (ADSS) team provides ADSS capabilities that include Pricing, Enablement, Legal Entity/Regulatory analysis (including Appointed/Certifying Actuary responsibilities), Data Science and US GAAP Reserving.

The Actuarial Analyst is responsible for providing technical and administrative support under general supervision across one or multiple ADSS capabilities provided by the LII APAC ADSS team.

Role Responsibilities

• Aid in the preparation of analysis by using mathematical and statistical skills and synthesize data to support key initiatives and business challenges to peers and leaders within the function.
• Retrieve, understand and manipulate data as it relates to assigned and related ADSS projects. Maintain clear and concise documentation of methods and activities.
• Provide actuarial technical assistance and information to other departments.
• Provide guidance and training to less experienced actuarial staff.
• Assist in the creation and maintenance of actuarial tools.
• Assist in the preparation of more complex ADSS reports and studies.
• Present findings and exhibits to peers and others. Provide clear and concise communication of technical actuarial work to technical and non-technical audiences.
• Support efforts to build ADSS capabilities, partnering with ADSS peers across GRS to define, champion, and execute continuous improvement efforts, tailoring to meet the unique needs of the business.
• Collaborate with Actuarial peers to ensure consistency of relevant actuarial approaches and assumptions, and adherence to best practices.
• Perform other related duties as assigned by your manager or other appropriate officer.
• Take responsibility and show initiative in the development of technical and soft skills.

• Strong numerical and analytical skills.
• Strong attention to detail and accuracy skills.
• Good prioritization and time management skills.
• Good relationship-building, verbal/written communication and presentation skills.
• Ability to drive for results and focus on outcomes.
• Strong ability to show initiative and be proactive.
• Strong interpersonal skills and the ability to work in a team environment as well as independently.
• Ability to form quality opinions and make sound decisions based on logical reasoning.

Role Experience and Skills

• Advanced Excel is required. Experience designing and delivering digital solutions (e.g. actuarial analysis/process improvements in Python) is desirable but not a prerequisite.
• Bachelor's degree in a numerate field (mathematics, finance, actuarial, computer science, data science, etc.) is desired but not a prerequisite.
• Foundational knowledge of relevant regulatory requirements, insurance lines and markets.
• Good knowledge of insurance operations and ability to engage with multi-functional teams.
• Experience delivering work independently with a focus on enablement through building efficient, high-quality and repeatable processes and systems.