Pricing Analyst

Zurich Insurance; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

A leading insurance company is looking for a Mid-Senior level Actuarial professional in Kuala Lumpur. This full-time role involves performing statistical analyses, model development, and providing basic actuarial services under supervision. Candidates should have a bachelor's degree in a relevant field and at least 2 years of experience. This position offers a great opportunity for career advancement within the actuarial field.

Qualifications

• 2 or more years of experience in a related field.

Responsibilities

• Provide basic actuarial services to fulfill routine business requirements.
• Perform statistical analyses and monitor data.
• Compile and categorize increasingly complex data and documents.

Education

Bachelors degree (or equivalent) in Computer Science, Economics, Engineering, Mathematics/Statistics, Other, Sciences

Job description

Overview

Job Summary: Acts under direct supervision, performing actuarial duties in order to provide highly accurate data and analyses for use by more senior actuaries in relation to reserving, reporting, quantitative risk management or the pricing of business.

Responsibilities

• Provide basic actuarial services under direct supervision to fulfill routine business requirements and to solve problems with a limited level of complexity diversity.


• Perform statistical analyses, model, monitor and analyze data and develop models or programs for model building and analyses; interpret results of models and analyses.


• Perform more complex analyses as assigned.


• Compile and categorize increasingly complex data and documents, and verify factors and assumptions used in computations.


• Assist in the development of risk based capital models as well as parameterization and allocation activities to support actuarial services.


• Participate in the evaluation and review of new proposed processes and systems.


• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures, and apply this knowledge to achieve business objectives.


• Work with actuarial colleagues to continue to develop understanding of company operations, business objectives and actuarial methodologies.


• Assist in training less experienced actuarial personnel.


• Demonstrate consistent progress towards local actuarial qualification.

Business Accountabilities

• Provide basic actuarial services in order to fulfill routine business requirements.


• Monitor and analyze data according to tools, methods and formats and recommend appropriate action to mitigate risk and optimize business benefits.


• Perform more complex analyses as assigned.


• Compile and categorize increasingly complex data, documents and verify factors and assumptions used in computations to ensure robust output.


• Assist in the development of risk based capital models as well as parameterization and allocation activities to support actuarial services.


• Participate in the evaluation and review of new/proposed processes and systems, where analysis is conducted to support the implementation of upgraded systems.


• Leverage actuarial skills and knowledge to provide specialist advice to address specific technical queries from internal clients in order to provide first class customer service.


• Demonstrate further increasing knowledge of relevant actuarial disciplines and procedures, and apply this knowledge to achieve business objectives and deliver first class customer service.


• Continue to advance in pursuit of local actuarial qualification and demonstrate consistent progress towards designation in order to maintain the talent pipeline for Actuarial.


• Train less experienced actuarial staff.

Qualifications

• Bachelors degree (or equivalent) in Computer Science, Economics, Engineering, Mathematics/Statistics, Other, Sciences and 2 or more years of experience in related field

Additional Education / Experience

• Preferred: Experience in multiple functional areas (pricing, reserving, capital management, etc.)

Details

• Seniority level: Mid-Senior level


• Employment type: Full-time


• Job function: Accounting/Auditing


• Industries: Insurance and Financial Services