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Actuarial Assistant Manager (General Insurance)

Zurich 56 Company Ltd

Kuala Lumpur

On-site

MYR 70,000 - 100,000

Full time

3 days ago
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Job summary

A leading insurance provider in Kuala Lumpur is looking for an Actuary to perform routine and complex actuarial analyses with minimal supervision. Responsibilities include local and group valuation, financial reporting, and model development. Candidates should have a degree in Actuarial Science or a related field and strong analytical skills. This role offers an opportunity to work in a dynamic environment focused on professional growth.

Qualifications

  • Ability to perform complex statistical analyses with minimal supervision.
  • Experience in IFRS 17 reporting and capital management.
  • Strong problem-solving skills and ability to interpret models.

Responsibilities

  • Deliver routine actuarial tasks with minimal supervision.
  • Perform complex actuarial analyses under the supervision of senior actuaries.
  • Support development of risk based capital models.

Skills

Actuarial analysis
Statistical modeling
Financial reporting

Education

Degree in Actuarial Science or related field

Job description

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Job Summary

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.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take 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 you to apply for new opportunities within Zurich when you are ready for your next career step.

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