Senior Actuarial Analyst, Asia

QBE Europe; Petaling Jaya; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading company in the insurance sector is seeking an Actuarial Consultant to provide critical actuarial services supporting various business operations. You will engage in detailed valuation, capital management, and technical analysis while ensuring compliance with reporting standards. This position is ideal for candidates with solid actuarial experience and skills in data analysis tools, offering a comprehensive benefits package and a collaborative work environment.

Benefits

Flex and hybrid working options

Work from home policy

Paternity leaves matching with maternity leave

Well-being programs

Pensions

Medical benefits

Access to online learning via LinkedIn Learning

3 additional days off for family care leaves

Study leave

Marriage leave

Qualifications

• 3-5 years relevant actuarial experience in General Insurance.
• Ability to apply simulation-based modelling for general insurance.
• Understanding of reserving methodologies and capital modelling techniques.

Responsibilities

• Support the Regional Actuarial team with reserve valuation reviews.
• Perform analysis on the capital needs of the business and develop capital stress tests.
• Produce accurate management information and provide technical insights.

Skills

Analytical Thinking

Business Management

Capital Management

Critical Thinking

Decision Making

Detail-Oriented

Financial Modeling

Reinsurance

Risk Management

Stakeholder Management

Education

Progress towards actuarial fellowship

Tools

Excel

SAS

Python

MS Access

Job description

Primary Details Time Type: Full time Worker Type: Employee The purpose of this role is to provide actuarial services to support business operations through reserving, reporting, portfolio management, technical analysis, economic capital modelling.

Your New Role :

• Support the Regional Actuarial team to review the reasonableness of the country's reserve valuation result and ensure all internal and external reporting requirements and deadlines are met.
• Demonstrate judgement in setting assumptions and understanding the impact on key profit drivers and performance metrics.
• Produce accurate management information and provide technical insights for stakeholders to make business decision.
• Support the implementation of ECM objectives to ensure appropriate linkage between ECM, risk and capital management and to enable delivery of overall business targets.
• Comply with Group ECM Policies and documentation of key processes to ensure QBE and its division: Comply with all legal and regulatory requirements; Adhere to relevant; Meet all internal reporting requirements; Has appropriate governance in place for ECM through the steering committee.
• Capital Management: Perform analysis on the capital needs of the business; Support the development of capital stress tests; Reporting on capital metrics.
• Build and maintain positive relationships with internal stakeholders.
• Provide technical advice and guidance to team members and stakeholders.

About You:

• 3-5 years relevant actuarial experience in General Insurance.
• Advanced excel, SAS and intermediate MS Access skills, Python.
• Ability to apply simulation-based modelling for general insurance including standard software (IGLOO, Prophet etc).
• Effective communication to technical and non-technical audience across time-zones particularly for model usage.
• Ability to priorities competing deadlines.
• Self driven & independent.
• Progress towards actuarial fellowship.
• Understanding of industry practice in actuarial analysis and modelling: Reserving methodologies for General Insurance, Capital modelling techniques & calibration; Catastrophe risk modelling; Reinsurance modelling; Reserve volatility modelling and stochastic modelling.
• General understanding of key drivers of complex model outputs and financial reporting for insurers.
• Fundamental knowledge of key risks to a general insurer and regulatory capital issues in different environment.
  

Benefits

Excited to share our comprehensive benefits package at QBE! ?

? Flex and hybrid working options

? Work from home policy

??? Paternity leaves matching with maternity leave

?️ Well-being programs

? Pensions

? Medical benefits

? Globally, access to online learning via LinkedIn Learning

? On top of annual leaves, 3 additional days off (Family care leaves)

? Study leave

? Marriage leave

? Internal Appreciation program with points to redeem nice merchandize and life experiences

Join us and enjoy a work environment that values your well-being and personal growth! ? #EmployeeBenefits #WorkLifeBalance #CareerDevelopment

Join us now, so you can be part of our success – and we can be part of yours.

Your career at QBE — Let’s make it happen.

Skills:

Analytical Thinking, Business Management, Capital Management, Critical Thinking, Decision Making, Detail-Oriented, Financial Modeling, Financial Products, Intentional collaboration, Managing performance, Process Improvements, Reinsurance, Risk Management, Stakeholder Management, Team Management Application Close Date: 29/06/2025 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.