Life/Health Actuarial Consultant

WTW; Kajang; On-site; MYR 70,000 - 110,000; Full time

Job summary

WTW is seeking a Life Insurance Consultant to support business development and work on complex projects including financial modelling and M&A for life insurance firms. You will be part of a multidisciplinary team delivering client-ready solutions and mentoring junior staff.

Strong actuarial modelling skills and IFRS17 knowledge are essential. Candidates should have 5-8 years in life insurance, near-qualified actuary status, and willingness to travel as needed.

Qualifications

• 5-8 years of life insurance experience in a consulting firm, financial services organization or life insurance firm.
• Qualified/near qualified actuary or making strong progression.
• Familiar with Singapore RBC2.
• Good IFRS17 or Financial Reporting knowledge.
• Strong modelling using RAFM or Prophet actuarial modelling software.
• A track record of performing life insurance work.
• Strong client relationship, interpersonal and team skills.
• Well-developed verbal communication skills.
• Self-starter attitude and ability to work within ambiguity.
• Flexibility and proven ability to diagnose and resolve issues.
• Strong analytical and creative skills.
• Enjoy training/mentoring junior staff.
• The ability to see the "big picture," leveraging the resources of related practices to address the clients' business challenges.
• Availability to travel on an as needed basis.

Responsibilities

• Support business development and draft proposals and responses to RFPs.
• Deliver high-quality project management for life insurance assignments.
• Serve as primary daily contact to clients on delivery of services.
• Collaborate with cross-functional teams to analyze issues and develop value-added solutions.
• Mentor project team associates and develop junior staff.
• Interface with colleagues from other practices and regions on client assignments.

Skills

Strong modelling skills

Analytical thinking

Client relationship

Team collaboration

Verbal communication

Mentoring junior staff

Willingness to travel

Education

Actuary qualification or near-qualified

Tools

RAFM

Prophet

Job description

Description

As a Life Insurance Consultant you will take a strong role in supporting business development and work as part of a team on a wide variety of complex projects such as financial modelling, mergers and acquisitions for life insurance firms.

Description

As a Life Insurance Consultant you will take a strong role in supporting business development and work as part of a team on a wide variety of complex projects such as financial modelling, mergers and acquisitions for life insurance firms.

Clients

• Work with the team in developing go-to-market propositions.
• Deliver superior, consistent project management for assigned clients
• Draft statements of work, project plans and budgets involving multiple workflow streams and client teams
• Serve as primary, daily contact to clients on delivery of services
• Working as part of a multidisciplinary consulting or joint client-consultant team to analyze issues and develop value-added solutions
• Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
• Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects

Excellence

• Deliver high-quality work in compliance with Excellence standards and proactively look for process improvement.
• Develop a strong understanding of the Life Insurance industry in the Southeast Asia markets
• Manage your time effectively between multiple assignments at a time

Financial

• Contribute to sales and marketing efforts by drafting proposals and responding to RFPs
• Meet billable hours targets

People

• Build relationships internally and collaborate effectively on cross-functional teams
• Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
• Serve as mentor to project team associates

Qualifications

• 5-8 years of life insurance experience in a consulting firm, financial services organization or life insurance firm
• Qualified/near qualified actuary or making strong progression.
• Familiar with Singapore RBC2
• Good IFRS17 or Financial Reporting knowledge
• Strong modelling skill using RAFM or Prophet actuarial modelling software
• A track record of performing life insurance work
• Strong client relationship, interpersonal and team skills
• Well-developed verbal communication skills
• Self-starter attitude and ability to work within ambiguity
• Flexibility and proven ability to diagnose and resolve issues
• Strong analytical and creative skills
• Enjoy training/mentoring junior staff
• The ability to see the "big picture," leveraging the resources of related practices to address the clients' business challenges
• Availability to travel on an as needed basis

WTW is an equal opportunities employer and does not discriminate on any basis.