Internship, Actuarial /Pricing, General Insurance Department

Allianz Malaysia; Kuala Lumpur; On-site; MYR 22,320 - 39,060; Full time

Job summary

A leading insurance and asset management firm in Kuala Lumpur is offering an internship where you'll learn about actuarial science, pricing, and data analytics. The role involves supporting various actuarial projects, assisting in regulatory compliance, and tasks such as data analysis and Python coding. Ideal candidates should have an undergraduate degree in Actuarial Science or a related field, strong analytical skills, and proficiency in Excel. This position offers hands-on experience in a collaborative culture, starting January onwards.

Qualifications

• Proficient in using Excel and Visual Basic for data tasks.
• Familiarity with programming languages like Python and SQL is beneficial.
• Strong analytical skills to interpret data and improve processes.

Responsibilities

• Support actuarial and pricing projects, focusing on product development.
• Assist with regulatory guidelines and UAT preparation.
• Engage in data analysis and coding tasks to automate processes.

Skills

Proficient in Excel

Familiarity with Visual Basic

Knowledge of Python

Knowledge of SQL

Strong analytical skills

Attention to detail

Education

Undergraduate degree in Actuarial Science, Mathematics, Statistics, or related fields

Job description

Do you want to work in a high-trust culture where you’ll feel empowered to make decisions that result in impact?

Are you ready to gain hands-on experience in actuarial science, pricing, and data analytics? Join our high-trust, collaborative culture where you’ll learn, contribute, and make an impact.

What You’ll Learn & Contribute To

• Support actuarial and pricing projects, including product development and reinsurance processes.
• Assist in implementing new regulatory guidelines, including preparing user requirements, test scopes, and performing UAT.
• Opportunities to assist in data analysis, coding tasks (Python/SQL), and process automation.
• Contribute to regulatory compliance activities, testing, and documentation.
• Assist in actuarial model enhancements and other pricing-related matters.
• Participate in projects that enhance your understanding of insurance products and risk management.
• Any other duties as needed.

(Specific tasks will be assigned based on business needs and your skills.)

Important To Your Success

• Undergraduate degree in Actuarial Science, Mathematics, Statistics, or related fields.
• Proficient in Excel and Visual Basic; familiarity with Python and SQL is a plus.
• Ability to leverage AI tools like ChatGPT for automating routine tasks and enhancing productivity.
• Strong analytical skills and attention to detail.

Internship Intake: Jan Onwards

Location: Menara Allianz Sentral

What To Expect During The Process

• Application Submission: Begin by submitting your application through our online portal and include your resume.
• Video Recording Screening: After reviewing your application, you may be invited to participate in a video recording screening. This step allows us to learn more about your skills, experiences, and motivations for applying. You will receive instructions on how to complete this recording.
• Shortlisting: Based on the video recordings, we will shortlist candidates who best match the qualifications and requirements of the internship.
• Interview: Shortlisted candidates will be invited for an interview with our team. This is an opportunity for you to discuss your experiences and aspirations in more detail and for us to answer any questions you may have about the internship.
• Final Selection: After the interviews, successful candidates will be notified and offered a position in our internship program.

Disclaimer: Thank you for your interest in joining our team. Due to the high volume of applications we receive, we are unable to provide individual feedback to every applicant. If you do not hear from us within 14 days of submitting your application, please assume that you have not been selected for this position.

Important: All updates regarding your application status will be communicated via email. Please ensure you frequently check your email for updates and further instructions.

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. For challenging business as usual.

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz’s company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.