Actuarial Executive

Zurich Insurance Company Ltd.; Kuala Lumpur; On-site; MYR 124,000 - 152,000; Full time

Job summary

Zurich in Kuala Lumpur is seeking an Actuarial Executive to support reserving, pricing and risk analytics under supervision. You will perform basic actuarial tasks, build models, and prepare data and assumptions for senior actuaries.

You will collaborate with colleagues, contribute to model development, and help evaluate new processes. The role emphasizes continuous learning, adherence to corporate values, and participation in performance reviews.

Qualifications

• 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.
• Commitment to corporate values and accountability in performance management.
• Take action to improve performance on the job and to support coworkers.
• Develop personal development and growth within the role.

Responsibilities

• 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.
• Commitment to corporate values and accountability in performance management.
• Take action to improve performance on the job and to support coworkers.
• Develop personal development and growth within the role.

Skills

Quantitative Risk Expertise

Actuarial Pricing Concepts

Actuarial Reserving Concepts

Statistics & Actuarial Modeling

Critical Thinking

Digital Literacy

Effective Communication

Problem Solving

Job description

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Actuarial Executive

138195

Purpose

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.

Nature of Work

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
• 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

Recruiter name: Roshni Kaur