Actuarial Executive

Zurich Insurance Group; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

An international insurance company in Kuala Lumpur is seeking an Actuarial Assistant to perform statistical analyses and assist with actuarial services. This role requires a Bachelor's degree in Actuarial Science or related field and offers opportunities for local actuarial qualification. Strong skills in modelling and communication are preferred. The position is suitable for candidates looking to develop their actuarial expertise in a supportive environment.

Qualifications

• Bachelor's degree in a relevant field is required.
• Strong command of statistical and financial modelling is preferred.
• Ability to present complex findings to stakeholders is essential.

Responsibilities

• Provide basic actuarial services under supervision.
• Perform statistical analyses and model data.
• Compile and verify data used in computations.
• Assist in developing risk-based capital models.
• Participate in the review of processes and systems.

Skills

Statistical analysis

Financial modelling

Data interpretation

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related fields

Job description

Job Summary

Acts under direct instruction, performing actuarial duties in order to provide highly accurate data and analyses for use by more senior actuaries in relation to reserving, reporting, quantitative risk management or the pricing of business.

Job Accountabilities - Key Accountabilities

• Provide basic actuarial services under direct instruction of a more experienced actuary.
• Perform statistical analyses, model and analyze data and develop models and programs for model building and analyses; interpret results of models and analyses.
• Compile and categorize data and document and verify factors and assumptions used in computations to ensure robust output.
• Assist in the development of risk based capital models as well as parameterization and allocation activities to support actuarial services.
• Participate in the evaluation and review of new and proposed processes and systems.
• Demonstrate increasing knowledge of actuarial disciplines and procedures to build value adding, relevant technical knowledge.
• Work with actuarial colleagues to develop understanding of company operations, business objectives and actuarial methodologies.
• Actively pursue local actuarial qualification.

Job Qualifications

Required:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related fields.

Preferred:

• Strong command of statistical and financial modelling.
• Must be able to present complex actuarial findings to stakeholders.