Associate Director, Actuarial Analyst

Aon Corporation; Kuala Lumpur; On-site; MYR 100,000 - 130,000; Full time

Job summary

A global consulting firm in Kuala Lumpur is seeking an Associate Director, Actuarial Analyst to join the Reinsurance team. The role involves utilizing actuarial pricing techniques and dynamic financial analysis for reinsurance optimization. Candidates should have a background in actuarial studies and at least 5 years of experience in the insurance industry. Strong interpersonal and presentation skills are essential. The company offers a supportive environment promoting diversity and ongoing learning.

Benefits

Global Wellbeing Days

Comprehensive benefits package

Continuous learning opportunities

Qualifications

• Minimum 5 years' experience in reinsurance or insurance industry.
• Working towards associate/fellowship qualification with a recognized Actuarial institute.
• Strong ability to analyze and present information to clients.

Responsibilities

• Establish actuarial best practices and conduct peer reviews.
• Manage client project objectives and outcomes.
• Deliver training sessions on actuarial methods.

Skills

Actuarial pricing techniques

Dynamic financial analysis

Reinsurance structures

Presentation skills

Mentoring junior analysts

Workflow management

Efficiency improvements

Computer skills in MS Office

Catastrophe models understanding

Interpersonal skills

Education

University graduate in Actuarial Studies or related fields

Tools

ReMetrica

Job description

We're hiring! We are looking for an Associate Director, Actuarial Analyst to join our Reinsurance team in Kuala Lumpur, Malaysia!

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Experience in various actuarial pricing techniques such as experience and exposure rating.
• High level of proficiency in dynamic financial analysis (DFA) for the purposes of reinsurance optimisation and reinsurance pricing.
• An understanding of the various reinsurance structures to manage risk and implementation of them within the modelling framework.
• Play a proactive role in establishing and upholding actuarial best practice including technical peer review with potential scope to participate on the regional Actuarial Practice Group (APG) Take on responsibility as actuarial territorial contact, liaising with clients and colleagues to establish client project objectives, outcomes, and manage these projects.
• Do presentations and conduct training sessions relating to actuarial work and methods, ensuring the effective and efficient communication of concepts and key outcomes to both colleagues and clients
• Peer review projects undertaken by other team members, and provide guidance and mentoring the junior analysts whenever required
• Provide support around workflow management for renewals including managing and delivering project outcomes for domestic and regional clients
• Assist in driving improvements in efficiency in actuarial projects aligned with commercial needs and help develop the articulation in delivery of actuarial outcomes.

How this opportunity is different

You will work closely with Aon Regional colleagues and have the exposure to work with other countries.

Skills and experience that will lead to success

• University graduate in Actuarial Studies or related fields such as mathematics, finance or statistical studies
• Working towards associate/fellowship qualification with a recognised Actuarial institute
• Minimum 5 years' experience in reinsurance or insurance industry working in actuarial analytical roles, direct insurance related experience on insurance pricing, reserving or capital modelling/management is required
• Experience in using our proprietary modelling software ReMetrica for reinsurance optimisation and reinsurance pricing viewed as advantageous
• Strong computer skills in MS Office suites (Excel, Word, PowerPoint, and Outlook)
• Experience with and understanding of Catastrophe models and their relevant outputs is required.
• Ability to use complex computer programs, to organize and cleanse data, to analyse primary company coverage and reinsurance contracts, and to present information to clients clearly
• Strong interpersonal skills and the ability to interface with all levels within the corporation and various business units.
• Ability to travel within the Asia region to facilitate client presentations, seminars and conferences as required.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ***************@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.