FFP AMPO – Business Analyst

Prudential Group; Kuala Lumpur; On-site; MYR 120,000 - 160,000; Full time

Job summary

A prominent financial services company in Kuala Lumpur seeks an experienced professional for the actuarial process optimization team. The role involves developing automated workflows, analyzing existing processes, and enhancing global actuarial reporting solutions. Candidates should have 8-10 years of relevant experience, strong problem-solving skills, and familiarity with actuarial reporting cycles. This is a unique opportunity to contribute to innovative solutions that optimize efficiency and add value throughout the organization.

Qualifications

• 8-10 years relevant experience in actuarial roles.
• Ability to explain solutions clearly and effectively.
• Knowledge in insurance industry and actuarial systems preferred.

Responsibilities

• Automate core actuarial processes using workflows.
• Document and analyze existing actuarial processes.
• Deliver global actuarial reporting solutions across business units.

Skills

Problem-solving ability

Stakeholder management

Actuarial reporting cycles

Documentation skills

Technical skills (Macros, Python, VBA, Alteryx)

Education

Diploma / Degree or equivalent

Tools

PowerPoint

MS Word

Confluence

Job description

2mo ago , from Prudential Assurance Company Singapore

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Scope

Contribute to the delivery and implementation of the actuarial process optimization solutions, which aims to transform the Group’s actuarial reporting processes into highly automated and controlled processes, allowing more time for analysis and value adding work.

Background and Purpose

To standardize, modernize and centralize the Group’s finance and actuarial processes, the Future Finance Programme has been established, along with an operating model which delivers synergies and cost savings across the organization, releasing the inherent capacity of our workforce to concentrate on value‑add activities.

The role purpose is to contribute to the following team-wide responsibilities:

• Develop workflows in Unify to automate the Group’s core actuarial processes
• Analyze and document existing processes, building production‑ready solutions
• Implement design and build solutions across the group to alleviate pain points

Key Accountabilities

• Analyse requests and opportunities raised by BUs related to the actuarial ecosystem.
• Deliver reusable global solutions to actuarial reporting of all core metrics across all BUs
• Optimize actuarial processes before automation to enhance efficiency.
• Identify automation opportunities in other business units to leverage and reuse developed workflows
• Help implementing solutions and evaluating performance to ensure the business goals are met.
• Support testing activities in definition of test cases and test execution
• Assist in documentation of the solution for internal and external stakeholders
• Participate in team meetings and contribute ideas to improve actuarial processes and efficiency

Candidate Requirements

• 8-10 years relevant experience
• Ability to solve logical problems and explain solutions in a clear manner
• Experienced in actuarial reporting cycles (Embedded value, IFRS17, RBC)
• Meticulous documentation (PowerPoint, MS Word, Confluence, etc.)
• Good stakeholder management skills
• Good to have technical skills such as Macros, Python, VBA, Alteryx
• Relevant experience in a business analyst or similar role
• Knowledge in the insurance industry, especially in actuarial systems is advantageous
• Ability to work under pressure with multiple competing demands
• Diploma / Degree or equivalent, or equivalent professional qualifications

Equal Opportunity Employer

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part‑time / fixed‑term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third‑party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.