Actuarial Assistant Manager

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading actuarial firm in Kuala Lumpur is seeking an Actuary to deliver routine and complex actuarial analyses related to reserving, reporting, and risk management. Key responsibilities include local and group valuation, corporate reporting, and providing actuarial recommendations with minimal supervision. The ideal candidate must possess strong analytical skills and a collaborative mindset. Opportunities for professional growth are encouraged within the firm.

Responsibilities

• Deliver routine actuarial tasks and recommendations with minimal supervision.
• Perform complex statistical analyses and develop models for business decision making.
• Provide actuarial support and insights to business partners.

Job description

Delivers routine actuarial tasks and recommendations requiring minimal direct supervision, and performs more complex actuarial analyses under the supervision of more senior actuaries, in relation to reserving, reporting, risk management or the capital management of the business.

Job Accountabilities - Key Accountabilities

• Main responsibilities include local and group valuation, Financial Condition Report, Internal Capital Adequacy Assessment Process (ICAAP), planning and forecasting, capital management and IFRS 17 reporting.
• Provide actuarial services with minimal supervision of a more experienced actuary to fulfill routine business requirements and to solve problems with a low to moderate level of complexity / diversity.
• Perform complex statistical analyses, model, monitor and analyze data and develop models/programs for model building and analyses; interpret results of models and analyses to support business decision making.
• Participate in analyses related to activities outside of normal responsibilities.
• Provide professional actuarial support and advice to actuarial business partners including insights into underlying performance and implications for the business.
• Manage the flow and quality of relevant actuarial data to ensure robust output.
• Support development of risk based capital models and calibration and parameterization activities.
• Ensure that processes and standards are consistent with internal actuarial policies; lead the improvement of systems and processes in own area.
• Assist the training and development of actuarial personnel.

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We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.