Assistant Manager, Actuarial Modelling - Centre of Competence

Allianz Malaysia Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Allianz Malaysia Berhad is seeking an Assistant Manager, Actuarial Modelling - Centre of Competence to own key modelling initiatives across APAC, coordinating with regional stakeholders and driving governance, testing and automation enhancements.

The role focuses on developing and enhancing the Regional Model, delivering timely outputs, and supporting strategic priorities while ensuring robust documentation and adherence to governance.

Qualifications

• Degree in Actuarial Studies or related discipline.
• 4–7 years actuarial experience in life insurance, modelling, valuation or related functions.
• Progress in actuarial professional exams.
• Strong analytical and problem-solving skills.
• Good verbal, written and communication skills.
• Exposure to actuarial projects, model development or process improvement initiatives is an advantage.
• Proficient in the use of AI tools such as ChatGPT for tasks simplification.

Responsibilities

• Coordinate and support the development and enhancement of the Regional Model, ensuring timely and effective delivery.
• Contribute to actuarial modelling initiatives and support strategic priorities and continuous improvement efforts.
• Ensure that the Regional Model is properly tested, analyzed and documented before being released to the users.
• Drive adherence to established model governance processes while identifying opportunities to improve efficiency, controls and automation.
• Collaborate with actuarial teams across multiple OEs, build strong relationships while developing actuarial expertise through exposure to diverse products, market requirements, and proactively addressing modelling and reporting queries.

Skills

Actuarial modelling

Education

Actuarial degree

Tools

ChatGPT

Job description

Assistant Manager, Actuarial Modelling - Centre of Competence

Looking for a career that allows you to take ownership of your work?
Support the development, enhancement and governance of the Regional Model used by Allianz Operating Entities (OEs) across the Asia Pacific region. The role works closely with regional actuarial stakeholders to deliver modelling initiatives, implement model changes, perform testing and analysis, and drive continuous improvements in model governance, controls and automation.

You’ll be responsible for:

• Coordinate and support the development and enhancement of the Regional Model, ensuring timely and effective delivery.


• Contribute to actuarial modelling initiatives and support strategic priorities and continuous improvement efforts.


• Ensure that the Regional Model is properly tested, analyzed and documented before being released to the users.


• Drive adherence to established model governance processes while identifying opportunities to improve efficiency, controls and automation.


• Collaborate with actuarial teams across multiple OEs, build strong relationships while developing actuarial expertise through exposure to diverse products, market requirements, and proactively addressing modelling and reporting queries.

Important to your success:

• Degree in Actuarial Studies or related discipline.


• 4-7 years of relevant actuarial experience in life insurance, actuarial modelling, valuation or related functions.


• Good progress in actuarial professional exams.


• Strong analytical and problem-solving skills.


• Self-motivated with high learning agility, adaptability and work efficiency.


• Good verbal, written and communication skills.


• Exposure to actuarial projects, model development, system implementation or process improvement initiatives is an advantage.


• Proficient in the use of AI tools such as ChatGPT for tasks simplification

Allianz began in Germany over 120 years ago in 1889. Today, Allianz is one of the world's leading insurers and financial services providers. Allianz provides its over 78 million customers worldwide a comprehensive range of services in the areas of property and casualty insurance, life and health insurance, and asset management. Allianz Malaysia Berhad (AMB) is part of the Allianz Group. AMB, an investment holding company has two wholly-owned subsidiaries - Allianz Life Insurance Malaysia Berhad(“Allianz Life”) and Allianz General Insurance Company (Malaysia) Berhad(“Allianz General”).

Allianz began in Germany over 120 years ago in 1889. Today, Allianz is one of the world's leading insurers and financial services providers. Allianz provides its over 78 million customers worldwide a comprehensive range of services in the areas of property and casualty insurance, life and health insurance, and asset management. Allianz Malaysia Berhad (AMB) is part of the Allianz Group. AMB, an investment holding company has two wholly-owned subsidiaries - Allianz Life Insurance Malaysia Berhad(“Allianz Life”) and Allianz General Insurance Company (Malaysia) Berhad(“Allianz General”).