Actuarial Analyst/ Senior Actuarial Analyst (General Insurance)

Zurich Insurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Zurich Insurance Malaysia Berhad is seeking an Actuarial Analyst/Senior Actuarial Analyst to support complex actuarial analyses and reporting. The role includes supervising valuations, preparing reports, and collaborating with finance. This full-time position encourages fresh graduates and values teamwork. Join us in a leading global insurance group for career growth opportunities!

Benefits

Miscellaneous allowance

Monthly Incentive

Free Overseas Convention

Qualifications

• Good exam progress from an internationally recognized actuarial association.
• At least 2 years of relevant work experience.
• Fresh graduates encouraged for Analyst position.

Responsibilities

• Supervise annual and quarterly valuations of general insurance liabilities.
• Prepare the Financial Condition Report.
• Collaborate with Finance for yearly planning and Full Year Forecast.

Skills

Teamwork

Communication

Interpersonal Skills

Attention to Detail

Regulatory Compliance

Education

Bachelor’s Degree in Actuarial Science or Mathematics

Job description

Actuarial Analyst/ Senior Actuarial Analyst (General Insurance)

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 the Internal Capital Adequacy Assessment Process (ICAAP) in accordance with internal guidelines and Bank Negara Malaysia (BNM) regulations.
• 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 relevant work experience.
• Able to manage multiple stakeholders across the business and contacts at regional or head office levels.
• Professional attitude towards regulatory compliance and attention to detail.
• Excellent teamwork, communication, and interpersonal skills.
• Able to manage deadlines and work under pressure.
• Fresh graduates are encouraged to apply and will be considered for the Analyst position.

At Zurich, we value experience and offer opportunities across various business areas for career growth. We believe in thinking outside the box and challenging the status quo. Join us and grow together!

Schedule: Full Time

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Zurich is a leading global insurance group with over 60,000 employees serving customers in over 170 countries. Founded in Switzerland in 1872, we operate across North America, Europe, the Middle East, Latin America, and Asia-Pacific.

Perks and benefits: Miscellaneous allowance, Monthly Incentive, Free Overseas Convention.

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