Executive, Actuarial Pricing

Hong Leong Assurance Berhad; Petaling Jaya; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance company in Malaysia is seeking an Actuarial Executive to assist in product development and pricing model formulation. The ideal candidate will hold a degree in Actuarial Science and be working towards a professional qualification. In this role, you will ensure compliance with regulations and help with product launches. Fresh graduates are encouraged to apply.

Qualifications

• Possess a Degree in Actuarial Science and working towards a professional actuarial qualification.
• Candidate with insurance product knowledge will be added-advantage.
• Good analytical and time-management skills.
• Fresh graduate is encouraged to apply.

Responsibilities

• Assist on new product development and ad-hoc projects.
• Formulate pricing assumptions and review sales material.
• Ensure compliance with Company and Regulatory policies.
• Perform other duties as assigned.

Skills

Actuarial Science knowledge

Microsoft Office proficiency

SQL experience

Analytical skills

Education

Degree in Actuarial Science

Tools

SQL

Excel

Word

Power Point

Access

Job description

Job Overview

Assist on new product development and ad-hoc projects. Assist on pricing model development, formulate pricing assumptions, review sales material and perform profit test. Support the development of product illustration system and administrative system to ensure successful product launch as scheduled. Ensure timeliness and accuracy in reporting and submission to BNM submission (e.g., Product Documentation / Addendum). Ensure proper documentation on the work performed. Ensure compliance with Company and Regulatory policies and regulations. Perform other duties as assigned by supervisor / manager / Head of Department.

Responsibilities

• Assist on new product development and ad-hoc projects.
• Assist on pricing model development, formulate pricing assumptions, review sales material and perform profit test.
• Support the development of product illustration system and administrative system to ensure successful product launch as scheduled.
• Ensure timeliness and accuracy in reporting and submission to BNM submission (e.g., Product Documentation / Addendum).
• Ensure proper documentation on the work performed.
• Ensure compliance with Company and Regulatory policies and regulations.
• Perform other duties as assigned by supervisor / manager / Head of Department.

Qualifications

• Possess a Degree in Actuarial Science and working towards a professional actuarial qualification with one of the relevant international professional bodies (e.g., SoA, IFoA or AI).
• Candidate with insurance product knowledge will be added-advantage.
• Proficient in Microsoft Office (Excel, Word, Power Point, Access, etc.) and SQL.
• Good analytical and time‑management skills.
• Fresh graduate is encouraged to apply.

Application Questions

• How many years' experience do you have using SQL queries?
• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as an Actuarial Executive?
• Which of the following Microsoft Office products are you experienced with?
• Have you worked in a role which requires a sound understanding of service-oriented architecture (SOA)?

About the Company

Hong Leong Assurance Berhad (HLA) is one of the largest insurance companies in Malaysia, offering financial planning and protection solutions. It is a subsidiary of HLA Holdings Sdn Bhd and wholly‑owned by Hong Leong Financial Group Berhad.