Actuarial Analyst/ Senior Actuarial Analyst (General Insurance)

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company in insurance is seeking an Actuarial Analyst/Senior Actuarial Analyst to support complex actuarial analyses. Responsibilities include supervising valuations, preparing Financial Condition Reports, and collaborating with finance for planning cycles. Candidates should possess a degree in Actuarial Science and strong analytical skills, with fresh graduates also encouraged to apply.

Benefits

Career growth opportunities within Zurich

Qualifications

• Good exam progress from an internationally recognized actuarial association.
• At least 2 years of working experience in a related role.

Responsibilities

• Supervise annual and quarterly valuations of general insurance liabilities.
• Perform stress tests and Internal Capital Adequacy Assessment Process (ICAAP).
• Prepare the Financial Condition Report (FCR).

Skills

Communication

Teamwork

Detail Orientation

Education

Bachelor’s Degree in Actuarial Science

Job description

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Actuarial Analyst/ Senior Actuarial Analyst (General Insurance)

97465

Job Summary:

This role supports the Chief Reserving Actuary in delivering a wide range of responsibilities. The role is expected to perform more complex actuarial analyses related to reserving, reporting, and quantitative risk management.

Key Responsibilities:

• Supervise annual and quarterly valuations of general insurance liabilities in accordance with generally accepted actuarial principles and local/group requirements.
• Prepare the Financial Condition Report (“FCR”).
• Collaborate with the Finance team for the yearly planning cycle and the Full Year Forecast exercise throughout the year.
• Perform stress tests and Internal Capital Adequacy Assessment Process (ICAAP) in accordance with relevant internal and Bank Negara Malaysia (BNM) guidelines.
• Support IFRS17 implementation.
• Provide recommendations on surplus distribution to participants and shareholders.
• Identify key trends in the portfolio’s experience and provide recommendations to the business.
• Perform independent reviews on product pricing.

Your skills and experience:

• Bachelor’s Degree in Actuarial Science or Mathematics.
• Good exam progress from an internationally recognized actuarial association.
• At least 2 years of working experience in a related role.
• Able to manage multiple stakeholders across the business and contacts at the regional or head office.
• A serious and professional attitude towards compliance with regulatory submissions, with an eye for detail to support accuracy.
• Excellent teamwork, communication, and interpersonal skills.
• Able to manage and meet deadlines and work under pressure.
• Fresh graduates are encouraged to apply and will be considered for the Analyst position.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We adopt an optimistic approach by focusing on the positives and constantly asking, "What can go right?"

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage internal mobility and career growth within Zurich.