Sn. Business Analyst - FS - Risk Transformation

Oliver James Associates Asia; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

A prominent consulting firm in Kuala Lumpur is seeking a Business Analyst to enhance risk management strategies. This role involves collaborating with stakeholders to develop predictive risk models, analyzing data, and ensuring alignment with business objectives. The ideal candidate should have experience within the Insurance or Financial Services industry, strong analytical skills, and familiarity with Agile methodologies. The firm offers a competitive salary, a dynamic work environment, and clear career progression opportunities.

Benefits

Competitive salary and benefits package

Innovative project opportunities

Dynamic work environment

Clear career progression pathways

Qualifications

• Proven experience as a Business Analyst in Insurance or Financial Services.
• Hands-on experience with predictive risk models and risk assessment.
• Excellent communication skills to interface with technical and non-technical teams.

Responsibilities

• Gather and analyze requirements for risk management initiatives.
• Develop predictive risk models to identify and mitigate risks.
• Ensure project compliance with regulatory and industry standards.

Skills

Predictive risk modeling

Data analysis

Risk assessment methodologies

Agile methodologies

Stakeholder communication

Problem-solving

Education

Degree in Business, Finance, Risk Management, Data Science or related field

Tools

Python

R

SQL

JIRA

Confluence

Job description

Sn. Business Analyst - FS - Risk Transformation

As a Business Analyst, you will act as a critical bridge between stakeholders and technical teams, ensuring the successful delivery of risk management solutions that align with business objectives. You will play a pivotal role in designing and implementing predictive risk models while driving data-driven decision‑making processes.

Key Responsibilities:

• Collaborate with stakeholders across Risk, Actuarial, and Analytics teams to gather and analyze requirements for risk management initiatives.
• Work on the development and enhancement of predictive risk models to identify, assess, and mitigate risks effectively.
• Translate business requirements into functional specifications and ensure alignment with technical teams.
• Conduct data analysis and provide insights to support risk management strategies, leveraging tools such as Python, R, or SQL.
• Create and maintain detailed documentation, including business requirements, process flows, and user stories.
• Support the testing and validation of predictive models and risk management tools.
• Partner with cross‑functional teams to ensure compliance with regulatory standards and industry best practices.
• Facilitate workshops and stakeholder meetings to drive consensus on project goals and deliverables.
• Provide input into the design and execution of strategies to improve existing risk management frameworks.

Key Requirements:

• Proven experience as a Business Analyst within the Insurance or Financial Services industry.
• Hands‑on experience with predictive risk models and familiarity with risk assessment methodologies.
• Strong analytical and problem‑solving skills, with the ability to interpret complex data sets.
• Solid understanding of risk management practices, including regulatory requirements
• Excellent communication and interpersonal skills, with the ability to interact effectively with both technical and non‑technical stakeholders.
• Experience with Agile methodologies and tools such as JIRA or Confluence.
• Strong organizational skills with the ability to manage multiple priorities and deliverables.
• A degree in Business, Finance, Risk Management, Data Science, or a related field is preferred.
• Exposure to Machine Learning or AI techniques for predictive modelling.
• Experience working on large‑scale insurance transformation projects.
• Certifications such as CBAP, FRM, or equivalent would be advantageous.

What's on Offer:

• Competitive salary and benefits package.
• Opportunity to work on innovative projects with a market‑leading insurance client.
• A dynamic, collaborative, and inclusive work environment.
• Clear pathways for career progression and professional development.