P&C Actuarial Analyst

WTW; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Willis Towers Watson in Kuala Lumpur is seeking an entry- to early-career actuary to join our regional consulting team. You will work across a variety of general insurance projects including pricing, data science, IFRS 17, reserve valuation, and M&A, collaborating with consultants and project managers to deliver high-quality results.

You will develop actuarial models using WTW software, apply techniques to provide tailored solutions, and communicate findings to clients.

Qualifications

• Degree in Actuarial Science, Mathematics, Statistics, Engineering, or a relevant quantitative field.
• Fresh grads or up to 2 years actuarial experience.
• Progress in actuarial exams with a recognised actuarial body (e.g. CAS, IFoA).
• Strong analytical and problem-solving skills.
• Self-driven and able to work independently with minimal supervision.
• Excellent written and verbal communication skills.
• Good time management and multi-project delivery capabilities.
• Understanding of general insurance, reserving, IFRS 17, M&A or pricing is a plus.
• Experience with WTW software (ResQ, Emblem/REA, Radar) is a plus.

Responsibilities

• Work with consultants and project managers on general insurance client projects (pricing, data science, IFRS 17, reserve valuation, M&A).
• Develop actuarial models using WTW software and apply techniques to deliver tailored solutions.
• Produce, analyse, explain and communicate results to project leads and clients.
• Identify opportunities to streamline processes and pursue professional development.
• Manage time and workload across multiple projects while meeting billable targets.
• Support client communications and build trusted advisor relationships.
• Assist with project management, planning and progress tracking against objectives.

Skills

Analytical thinking

Communication skills

Time management

Self-motivated

Education

Actuarial/Math/Stats degree

Tools

Microsoft Excel

Job description

Description

As part of our regional consulting team, you will gain broad exposure through working on a variety of projects across different actuarial domains, and with different insurance clients from different markets.

Key Responsibilities

• Work with consultants and project managers on a variety of general insurance client projects, including pricing, data science, predictive analytics, IFRS 17, reserve valuation, mergers and acquisitions (M&A), and risk and capital management etc.
• Develop and build actuarial models using WTW’s market-leading software and apply actuarial techniques to deliver tailored, value-added solutions for our clients.
• Produce, analyse, explain and communicate results and findings, working closely with project managers/leads and other team members to ensure high-quality work is delivered efficiently within established timelines and budgets.
• Proactively identify opportunities to streamline processes, elevate work quality, and actively pursue continuous learning and professional development opportunities.
• Manage time and workload efficiently across multiple concurrent projects while meeting billable hour targets.
• Support client communications, build trusted advisor relationships through quality execution,
• Assist project manager with project management and workstream coordination, including project planning and tracking progress against agreed objectives, budgets, timelines, and deliverables, tomeet or exceed client expectations
• Collaborate seamlessly as part of a multidisciplinary, cross-functional team to tackle complex client challenges and deliver insightful advice and solutions.
• Assist with business development activities such as proposal drafting and software demos, or proposition development, where required at times

Qualifications

• Degree in Actuarial Science, Mathematics, Statistics, Engineering, or a relevant quantitative field
• Fresh grads, or experienced hires of up to 2 years of actuarial experience.
• Good progress in actuarial exams with a recognised International actuarial body (e.g. CAS, IFoA)
• Strong analytical and problem-solving skills
• Self-driven, and able to work independently with minimal supervision
• Advanced proficiency in Microsoft Excel
• Excellent written and verbal communication skills
• Good time management skills, and able to manage time effectively across multiple concurrent projects
• Understanding of general insurance business and market landscape, reserving, IFRS 17, M&A and/or pricing will be an advantage
• Prior experience with WTW’s software (eg. ResQ, ResQ Financial Reporter, Emblem/REA and/or Radar) is a plus