Assistant Manager, Actuarial Modelling,Centre of Competence

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

Job summary

Allianz Malaysia is seeking an actuarial professional to support the development, enhancement and governance of the Regional Model used across the Asia Pacific region. You will work closely with regional actuarial stakeholders to deliver modelling initiatives, implement model changes, perform testing and analysis, and drive continuous improvements in governance, controls and automation.

The role requires a degree in actuarial studies or related discipline, 4–7 years of relevant actuarial

Qualifications

• Degree in actuarial studies or related discipline.
• 4–7 years of actuarial experience in life insurance, modelling, valuation or related functions.
• Progress in actuarial professional exams.
• Strong analytical and problem-solving abilities.
• Excellent verbal and written communication.
• Experience with actuarial projects, model development or process improvement is a plus.
• Familiarity with AI tools such as ChatGPT to simplify tasks.

Responsibilities

• Coordinate and support 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

Analytical skills

Problem-solving

Communication skills

Learning agility

Self-motivation

Adaptability

Education

Actuarial degree or related discipline

Tools

ChatGPT

Job description

Job Summary

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.

Key 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.

Requirements

• 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 Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us . Let's care for tomorrow.