Portfolio Analyst

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

Job summary

A reputable insurance company is seeking a data analyst to manage portfolio performance, focusing on data analysis and reporting. The ideal candidate will have a Bachelor’s or Master’s degree, at least 3 years of experience in the insurance industry, and familiarity with statistical software. Responsibilities include monitoring KPIs, analyzing portfolio data, and collaborating with underwriting teams to improve pricing strategies and address market trends.

Qualifications

• 3+ years of insurance industry experience, preferably with Motor portfolio.
• Strong analytical capabilities in data interpretation and market research.
• Familiarity with statistical programming languages is an advantage.

Responsibilities

• Analyze large datasets to extract insights into production and claims trends.
• Monitor key performance indicators (KPIs) for portfolio management.
• Collaborate with underwriting teams for risk factor analysis.

Skills

Data analysis

Reporting

Statistical software

Education

Bachelor’s or Master’s Degree in Actuarial Science/Stats/Mathematics/Data Science

Tools

MS Access

SAS

R

SQL

Job description

Purpose of Role

The position is responsible for creating and maintaining monitoring processes to track the portfolio performance in order to provide business recommendations to optimise profitability and production.

Responsibilities:

• Data analysis and reporting:
  • Gather, clean, and analyze large datasets to extract insights into production and claims trends, customer behavior and market conditions.
  • Create comprehensive reports and presentations to communicate findings to stakeholders, including senior management.
• Performance Monitoring:
  • Regularly monitor key performance indicators (KPIs) for the portfolio.
  • Identify anomalies or emerging patterns in the data and propose actionable strategies to address them.
• Portfolio Analysis and Management:
  • Analyze portfolio to assess performance, profitability, and risk exposure.
  • Develop and maintain portfolio models to simulate outcomes based on varying scenarios.
• Underwriting Support:
  • Collaborate with underwriting and pricing team to analyze risk factors and refine pricing strategies based on portfolio performance.
  • Provide recommendations for policy adjustments and coverage improvements.
• Market Analysis:
  • Monitor and analyze competitor pricing, industry trends and competitive landscape.
  • Provide summary and key insights to Manager to identify opportunities for growth.
• Regular reporting:
  • Ensure timely submission of monthly and quarterly internal and regulatory reports.

Qualifications

Requirements:

• Bachelor’s or Master’s Degree in Degree in any discipline, preferably Actuarial Science / Stats / Mathematics / Data Science
• At least 3 years of insurance industry working experience preferably covering the Motor portfolio.
• Experience in portfolio monitoring and analysis is preferred.
• Familiarity with statistical computer program languages. MS Access, SAS / R, SQL would be an advantage.
• Strong analytical capabilities in performing analysis, data interpretation, and conducting market research.
• Understanding of motor insurance industry, including underwriting, products, market trend and regulatory requirements is preferred.
• Ability to plan and execute to ensure timely delivery of results.
• Positive work attitude with focus on continuous improvement.