Risk Consulting- Actuarial (General Insurance), Experienced Associate/Senior Associate

Ernst & Young Advisory Services Sdn Bhd; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading consulting firm in Kuala Lumpur is seeking a Senior Associate for their Actuarial Consulting team. This role involves assisting in and leading client engagements, particularly in areas such as mergers and acquisitions, valuation, and regulatory compliance. Candidates should possess a minimum of two years of experience in an actuarial role, along with strong analytical and communication skills. The firm offers a competitive remuneration package and a commitment to continuous learning and development.

Benefits

Competitive remuneration

Continuous learning opportunities

Transformative leadership

Diverse and inclusive culture

Qualifications

• Minimum 2 years of experience in an actuarial role or consulting.
• Good exam progress with UK or US actuarial institutes.
• Strong written and verbal communication skills.

Responsibilities

• Assist and lead the delivery of client engagements.
• Focus on Merger & Acquisitions and due diligence.
• Lead project teams in regulatory changes.

Skills

Analytical skills

Problem-solving skills

Verbal communication

Written communication

Team-oriented work

Education

Progress with actuarial exams

Job description

We are the only professional services organisation who has a separate business dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective.

Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated consulting, assurance, tax, and transaction services.

Join this team and you will provide clients with traditional actuarial services (e.g., reserving, pricing and mergers and acquisition support), as well as leading edge services such as financial reporting and measurement, financial risk management, modelling, hedging, reinsurance, securitization, economic capital and solvency.

With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning.

The Opportunity

As part of our non-life (GI) actuarial team, you’ll focus on high-impact opportunities to apply your knowledge and experience that will shape our services. You’ll build valuable relationships with clients and develop strong capabilities, through both formal training and working with senior mentors and talented colleagues.

Key Responsibilities

As a Senior Associate in the Actuarial Consulting team, you will be assisting and leading the delivery of a wide range of client engagements, leading or working as part of a project team, relating to, Merger & Acquisitions (M&A) and due diligence; valuation, pricing and product development and regulatory changes.

Skills and Attributes for Success

• Strong analytical and problem-solving skills
• Strong drive to excel professionally, and to guide and motivate others
• Advanced written and verbal communication skills
• Dedicated, innovative, resourceful, analytical and able to work under pressure
• Foster an efficient, innovative and team-oriented work environment

Qualifications

To qualify for the role you must have:

• Minimum 2 years of experience in the non-life actuarial team or an actuarial consulting firm. Candidates with lesser experience will be considered for Associate position
• Good exam progress with either the Institute and Faculty of Actuaries (UK), Casualty Actuarial Society (CAS), the Society of Actuaries (SoA) or the Institute of Actuaries of Australia
• Good written and verbal communication skills

Ideally, You’ll Also Have

• Depth of experience in at least one of the following areas from a Non-Life perspective:
• Financial and regulatory reporting
• Reserving
• Product pricing and distribution strategy
• ERM / solvency framework/ statutory capital
• IFRS 17

What We Look For

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player equipped with strong people management skills and a genuine passion to make things happen in a dynamic organization.

What Working at EY Offers

EY offers a competitive remuneration package commensurate with your work experience, where you’ll be rewarded for your individual and team performance.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

EY is an equal opportunities employer and welcomes applications from all candidates. We are committed to being an inclusive employer and are happy to consider flexible working arrangements.