Senior Pricing Actuarial Analyst, General Insurance

Labuan Reinsurance (L) Ltd - Official Page

Kuala Lumpur

On-site

MYR 120,000 - 180,000

Full time

4 days ago

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Job summary

Labuan Reinsurance (L) Ltd is seeking a Senior Pricing Actuarial Analyst for the Underwriting Department in Kuala Lumpur. The role focuses on pricing General Insurance products, pricing reviews for treaty and facultative contracts, and developing pricing tools.

You will support profitability analysis and data work for MFRS 17 reporting. The ideal candidate has a Bachelor’s degree in Actuarial Science or a professional actuarial qualification with at least 3 years of General Insurance pricing

Qualifications

Bachelor’s degree in Actuarial Science or professional actuarial qualification.
Minimum 3 years pricing experience in General Insurance.
Experience with Microsoft Excel (and Macros), Word; Programming using RStudio.

Responsibilities

Assist underwriter on new product pricing for General Insurance in a Reinsurance capacity.
Assist in pricing reviews for treaty and facultative contracts.
Review existing pricing tool and develop new pricing tools.
Conduct pricing for ad-hoc quotations from intermediaries or clients.
Review pricing profitability metrics including classification rate-making, excess, deductible, and individual risk rating.
Data extraction, transformation and assist in research.
Prepare dashboards and portfolio analyses for underwriters and Management Committee.
Understand reinsurance contracts and treaties.
Assist in data preparation for MFRS 17 software.