Pricing Actuarial Associate – Group Insurance

Great Eastern; Kuala Lumpur; On-site; MYR 90,000 - 150,000; Full time

Job summary

Great Eastern Malaysia is seeking an actuarial pricing professional to support group pricing decisions and ensure pricing complies with policy and regulatory expectations. You will prepare quotations for new business and renewals, develop pricing materials, and participate in UAT and model enhancements.

The role involves actuarial calculations, data validation, and collaboration with stakeholders across CTB and product teams to sustain pricing accuracy and regulatory compliance.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Good progress in actuarial professional exams.
• Fresh graduates or up to 3 years of actuarial experience, with pricing exposure in insurance/takaful company.
• Knowledge of insurance/takaful products and financial markets, and understanding of Takaful Principles.
• Knowledge of Excel, Word, Macros and Visual Basic.

Responsibilities

• Ensure group quotations are priced in accordance with GETB's Product Pricing Policy and SLA.
• Prepare and review Group Quotations for New Business and Renewal.
• Compile pricing development materials and related documents.

Skills

Actuarial skills

Data analysis

Education

Bachelor's degree in Actuarial Science/Math/Statistics

Tools

Excel

Macros

Visual Basic

Job description

Great Eastern Malaysia is seeking an actuarial pricing professional to support group pricing decisions and ensure pricing complies with policy and regulatory expectations. You will prepare quotations for new business and renewals, develop pricing materials, and participate in UAT and model enhancements.

The role involves actuarial calculations, data validation, and collaboration with stakeholders across CTB and product teams to sustain pricing accuracy and regulatory compliance.