Actuarial Executive

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

Job summary

Zurich Insurance Malaysia is seeking an actuarial professional to support reserving, pricing, and quantitative risk management under direct supervision in Kuala Lumpur.

You will work with colleagues to develop models, analyze data, and contribute to annual reporting while expanding actuarial knowledge within a global insurer. This role offers growth opportunities in a trusted, innovative environment.

Qualifications

• Demonstrate increasing knowledge of actuarial disciplines and procedures to build value adding, relevant technical knowledge.
• Assist in risk-based capital models and parameterization to support actuarial services.
• Work with colleagues to understand company operations, objectives and actuarial methodologies.

Responsibilities

• Provide basic actuarial services under direct supervision to fulfill routine business requirements.
• Perform statistical analyses, model and analyze data and develop models for analyses; interpret results.
• Compile and categorize data and document and verify factors and assumptions used in computations.
• Assist in the development of risk-based capital models and allocation activities.
• Participate in evaluation and review of new processes and systems.
• Demonstrate growing knowledge of actuarial disciplines to add value.
• Collaborate with actuarial colleagues to understand Zurich's operations and objectives.

Skills

Quantitative Risk

Actuarial Pricing Concepts

Actuarial Reserving Concepts

Financial Mathematics

Statistics & Actuarial Modeling

Critical Thinking

Digital Literacy

Effective Communication

Problem Solving

Job description

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

Key Accountabilities

• Provide basic actuarial services under direct supervision to fulfill routine business requirements and to solve problems with a limited level of complexity diversity.
• 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 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.

Performance Management and Accountabilities

• Demonstrate commitment to corporate values.
• Take accountability for participating in the performance management cycle.
• Take action to improve performance on the job.
• Assist and support co-workers.
• Take action to manage own personal development.

Skills

Functional Skills

• Quantitative Risk Expertise - Proficiency Level 1
• Actuarial Pricing Concepts - Proficiency Level 1
• Actuarial Reserving Concepts - Proficiency Level 1
• Financial Mathematics - Proficiency Level 1
• Statistics & Actuarial Modeling - Proficiency Level 1

Cross Functional Skills

• Critical Thinking - Proficiency Level 1
• Digital Literacy - Proficiency Level 1
• Effective Communication - Proficiency Level 1
• Problem Solving - Proficiency Level 1

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.

Let's continue to grow together!

Location(s): MY - Kuala Lumpur Schedule: Full Time