Actuarial Executive

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

An international insurance company in Kuala Lumpur is seeking an Actuarial Executive to perform actuarial duties and analyses for more senior actuaries. Responsibilities include providing basic actuarial services, performing statistical analyses, and assisting in risk-based capital models. The ideal candidate holds a Bachelor’s Degree in Actuarial Science or related fields, with fresh graduates encouraged to apply. This role offers exciting career development opportunities within a supportive environment.

Qualifications

• Fresh graduates are encouraged to apply.
• Preferably have internship experience in Valuation or Pricing within the insurance or takaful industry.
• Familiarity with actuarial concepts and insurance principles.

Responsibilities

• Provide basic actuarial services under direct instruction.
• Perform statistical analyses and develop models for analyses.
• Compile and categorize data to ensure robust output.
• Assist in the development of risk based capital models.
• Participate in the evaluation of new processes and systems.
• Work with actuarial colleagues to understand operations.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Education

Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline

Job description

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Actuarial Executive

130324

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.

Job Qualifications

Required:

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline.

Fresh graduates are encouraged to apply.

Preferred:

Internship experience in Valuation or Pricing within the insurance or takaful industry

Familiarity with actuarial concepts and insurance principles

Strong analytical and problem‑solving skills with attention to detail.

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.