Risk Consulting- Actuarial (General Insurance), Experienced Associate/Senior Associate

EY; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

An innovative firm is seeking a Senior Associate for their Actuarial Consulting team. This role offers the chance to work on high-impact projects in the insurance sector, focusing on M&A, valuation, and regulatory changes. You will collaborate with talented colleagues and mentors, building valuable relationships while contributing to diverse actuarial projects. The position promises professional growth through continuous learning and a supportive work environment, making it a perfect opportunity for motivated individuals eager to excel in a dynamic industry.

Benefits

Continuous learning opportunities

Flexible working arrangements

Transformative leadership coaching

Diverse and inclusive culture

Qualifications

• Minimum 2 years of experience in non-life actuarial or consulting.
• Good exam progress with recognized actuarial bodies.

Responsibilities

• Assist and lead client engagements in M&A and due diligence.
• Perform evaluations related to financial risk and product distribution.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Teamwork

Leadership

Education

Actuarial qualifications (Institute and Faculty of Actuaries, CAS, SoA, or Institute of Actuaries of Australia)

Job description

Risk Consulting- Actuarial (General Insurance), Experienced Associate/Senior Associate

Date: Mar 7, 2025

Requisition ID: 524741

We are the only professional services organisation who has a separate business dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated consulting, assurance, tax, and transaction services.

Join this team and you will provide clients with traditional actuarial services (e.g., reserving, pricing and mergers and acquisition support), as well as leading edge services such as financial reporting and measurement, financial risk management, modelling, hedging, reinsurance, securitization, economic capital and solvency.

The opportunity

As part of our non-life (GI) actuarial team, you’ll focus on high-impact opportunities to apply your knowledge and experience that will shape our services. You’ll build valuable relationships with clients and develop strong capabilities, through both formal training and working with senior mentors and talented colleagues. You will be at the forefront of issues that are shaping the insurance industry in Asia and gain a wide exposure to a diverse range of actuarial projects.

Your key responsibilities

As a Senior Associate in the Actuarial Consulting team, you will be assisting and leading the delivery of a wide range of client engagements, leading or working as part of a project team, relating to Merger & Acquisitions (M&A) and due diligence; valuation, pricing and product development and regulatory changes. You will also be performing evaluation in areas related to financial risk, product distribution and capital issues.

Skills and attributes for success

• Strong analytical and problem-solving skills
• Strong drive to excel professionally, and to guide and motivate others
• Advanced written and verbal communication skills
• Dedicated, innovative, resourceful, analytical and able to work under pressure
• Foster an efficient, innovative and team-oriented work environment

To qualify for the role you must have

• Minimum 2 years of experience in the non-life actuarial team or an actuarial consulting firm. Candidates with lesser experience will be considered for Associate position
• Good exam progress with either the Institute and Faculty of Actuaries (UK), Casualty Actuarial Society (CAS), the Society of Actuaries (SoA) or the Institute of Actuaries of Australia
• Good written and verbal communication skills

Ideally, you’ll also have

• Depth of experience in at least one of the following areas from a Non-Life perspective:
• financial and regulatory reporting
• reserving
• product pricing and distribution strategy
• ERM / solvency framework/ statutory capital
• IFRS 17

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player equipped with strong people management skills and a genuine passion to make things happen in a dynamic organization. If you’re ready to take on a wide range of responsibilities, and are committed to seeking out new ways to make a difference, this role is for you.

What working at EY offers

EY offers a competitive remuneration package commensurate with your work experience, where you’ll be rewarded for your individual and team performance. We are committed to being an inclusive employer and are happy to consider flexible working arrangements (FWA), where this may be needed, guided by our FWA Policy. Plus, we offer:

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

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