Senior Executive Pricing (Life and Health)

Allianz Malaysia Berhad; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance company in Kuala Lumpur seeks an Actuarial professional to provide support in reinsurance and pricing functions. Responsibilities include managing reinsurance strategy, delivering product pricing aligned with standards, and assisting in regulatory documentation. Ideal candidates hold a Bachelor's in Actuarial Science with strong leadership skills and familiarity with AI tools like ChatGPT. Join a diverse team committed to empowering each other and our customers.

Qualifications

• Proven ability to lead and develop teams in delivering product pricing and reinsurance initiatives.
• Experience with reinsurance strategy and administration including treaty management.
• Familiarity with regulatory product documentation and filings.

Responsibilities

• Assist in managing reinsurance strategy and administration.
• Deliver accurate pricing of products according to best practices.
• Support other departments on product pricing-related matters.
• Implement new regulatory guidelines and perform UAT.

Skills

Technical foundation in Life and Health actuarial pricing

Strong leadership and team development

Excellent communication and presentation skills

Familiarity with AI tools (ChatGPT, Copilot)

Education

Bachelor’s degree in Actuarial Science

Associate or Fellow of a recognized actuarial body

Job description

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Interested in being part of a team that believes everyone matters?

Your primary responsibilities include providing comprehensive support to the Reinsurance and Pricing functions to help achieve the company’s financial objectives.

You'll be responsible for:

• To assist the Manager and the HOD in managing reinsurance strategy, negotiation, and administration, including treaty management, statement of accounts and financial reporting processes.
• To deliver accurate pricing of products in accordance to best actuarial practice that meet internal, Allianz Regional and regulatory (BNM) standards/ requirement.
• To assist in preparing regulatory and regional office product and product documentation filings in high quality and timely manner.
• To assist and support other departments/ operations on product pricing related matters, including providing support for product development, testing of product illustration and system maintenance.
• To assist in implementation of new regulatory guidelines which includes preparing user requirement/test scopes and performing user acceptance test (UAT).
• Any other duties as and when deemed necessary.

Important to your success:

• Bachelor’s degree in Actuarial Science
• Associate or Fellow of recognized actuarial body preferred
• Strong technical foundation in Life and Health actuarial pricing and reinsurance management
• Proven ability to lead and develop teams in delivering product pricing and reinsurance initiatives
• Excellent communication and presentation skills to articulate complex concepts.
• Familiarity with AI tools like ChatGPT or Copilot is an added advantage.

Disclaimer: Thank you for your interest in joining our team. Due to the high volume of applications we receive, we are unable to provide individual feedback to every applicant. If you do not hear from us within 14 days of submitting your application, please assume that you have not been selected for this position.

Important: All updates regarding your application status will be communicated via email. Please ensure you frequently check your email for updates and further instructions.

Note: Allianz will not accept any forward unsolicited resumes from any source to our employees email other than directly from a candidate. We will not be responsible for any fees and charges imposed.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Great to have you on board. Let's care for tomorrow. For using data to design better products for our customers

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz‘ company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.