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Actuarial jobs in Malaysia

Senior Actuarial Analyst

Munich Reinsurance

Kuala Lumpur
On-site
MYR 80,000 - 120,000
Today
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Associate Director, Actuarial Analyst

Aon Corporation

Kuala Lumpur
On-site
MYR 100,000 - 130,000
Today
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Senior Manager, Group Actuarial IFRS17

FWD Group

Kuala Lumpur
On-site
MYR 120,000 - 160,000
Today
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Senior Analyst, TIM Actuarial IFRS17

FWD Group

Kuala Lumpur
On-site
MYR 80,000 - 120,000
Today
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Executive, Actuarial Professional

Prudential Group

Kuala Lumpur
On-site
MYR 70,000 - 90,000
Today
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Senior Manager, GI Actuarial

FWD Group

Kuala Lumpur
On-site
MYR 150,000 - 200,000
Today
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AVP, Actuarial (Reinsurance and System)

Great Eastern

Kuala Lumpur
On-site
MYR 90,000 - 120,000
Today
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Senior Executive/ Executive, Actuarial (Valuation)

Tokio Marine General Insurance

Kuala Lumpur
On-site
MYR 80,000 - 100,000
Today
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Senior Consultant, Actuarial

Michael Page

Kuala Lumpur
Hybrid
MYR 84,000 - 144,000
Today
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Senior Actuarial Analyst

Chubb Insurance

Kuala Lumpur
On-site
MYR 50,000 - 70,000
Today
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Analyst, Actuarial Analytics

Aon Corporation

Kuala Lumpur
Hybrid
MYR 40,000 - 60,000
Today
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Senior Actuarial Valuation Executive — IFRS17 & Capital

Tokio Marine General Insurance

Kuala Lumpur
On-site
MYR 80,000 - 100,000
Today
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Senior Actuarial Consultant - Flexible Career Growth

Michael Page

Kuala Lumpur
Hybrid
MYR 84,000 - 144,000
Today
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Senior Actuarial Analyst: Global Valuation & Reporting, KL

Munich Reinsurance

Kuala Lumpur
On-site
MYR 80,000 - 120,000
Today
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Senior Actuarial Analyst, Reinsurance & DFA

Aon Corporation

Kuala Lumpur
On-site
MYR 100,000 - 130,000
Today
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Senior Actuarial Lead - Capital & Retakaful

FWD Group

Kuala Lumpur
On-site
MYR 200,000 - 250,000
Today
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Actuarial, Executive

Tokio Marine Life Insurance

Kuala Lumpur
On-site
MYR 40,000 - 60,000
Today
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Senior Pricing & Actuarial Analyst (Product)

Tokio Marine Life Insurance

Kuala Lumpur
On-site
MYR 60,000 - 80,000
Today
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Actuarial Modelling & Optimisation Lead (Prophet)

Prudential Group

Kuala Lumpur
On-site
MYR 70,000 - 90,000
Today
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Senior Actuarial Analyst: Reserving & Data Insights

Chubb Insurance

Kuala Lumpur
On-site
MYR 50,000 - 70,000
Today
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Junior Actuarial Pricing Analyst — Growth & Impact

Prosple

Kuala Lumpur
On-site
MYR 40,000 - 60,000
Today
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Pricing Specialist – Actuarial Analytics (Hybrid)

QBE Insurance

Selangor
On-site
MYR 150,000 - 200,000
Today
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AVP, Actuarial Systems & Product Administration

Great Eastern

Kuala Lumpur
On-site
MYR 90,000 - 120,000
Today
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Actuarial Specialist: Prophet Modeling & Pricing

Prudential Group

Kuala Lumpur
On-site
MYR 70,000 - 90,000
Today
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Prophet Modeling Lead – Actuarial Stress & Planning

Great Eastern

Kuala Lumpur
On-site
MYR 80,000 - 110,000
Today
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Senior Actuarial Analyst
Munich Reinsurance
Kuala Lumpur
On-site
MYR 80,000 - 120,000
Full time
Today
Be an early applicant

Job summary

A leading reinsurance firm is seeking a Senior Actuarial Analyst to join the valuation team in Kuala Lumpur. The ideal candidate will have a degree in Actuarial Science, with 4 to 5 years of actuarial experience. This role involves conducting experience studies, supporting financial reporting, and maintaining valuation data. Strong technical skills, especially in MS Excel and AXIS, are essential. An understanding of Takaful markets is necessary, and strong communication skills in English are required.

Qualifications

  • 4 to 5 years of actuarial experience required.
  • Progress towards Fellowship with a recognized actuarial body essential.
  • Ability to work under business pressure.

Responsibilities

  • Conduct experience studies using AXIS for treaties/products.
  • Support Solvency II, IFRS and Local Statutory reporting.
  • Maintain up-to-date valuation data and actuarial models.

Skills

Technical and analytical skills
Strong MS Excel skills
Knowledge of VBA
Communication skills in English

Education

Degree in Actuarial Science

Tools

AXIS
Job description
Senior Actuarial Analyst, Munich Re Retakaful

Munich Re Retakaful, part of Munich Re, the world’s largest reinsurer, is looking for a Senior Actuarial Analyst to join the valuation team. This team oversees valuation, reserving and financial reporting for Family Retakaful, covering global valuation bases including Solvency II, IFRS, and Local Statutory. You should be interested in technical actuarial work, enjoy working across multiple markets and work closely with Client Managers and actuaries (and non‑actuaries) within Munich Re and with clients.


You will report to the Manager, Actuarial Valuation, Munich Re Retakaful and will be based in Kuala Lumpur.


Your Job


  • Conduct and complete experience studies via AXIS for agreed treaties/products, including coordination with regional actuarial teams for review and approval.

  • Support Solvency II, IFRS and Local Statutory reporting to ensure accurate and timely submissions.

  • Coordinate and perform regular experience monitoring, treaty performance analysis and assumption reviews.

  • Coordinate and complete AXIS model conversions for selected treaties, including liaising with regional actuarial teams for review and approval.

  • Maintain up‑to‑date valuation data, actuarial models, and processes with proper documentation.

  • Work closely with team members within the business unit to ensure treaties are accurately set up, valued and reported.

  • Ensure annual surplus sharing calculation is done accurately and submitted to cedants on time.

  • Provide support to Technical Accounting – Life (TA‑L) on bordereaux and statement of accounts confirmation where necessary.

  • Provide input to Technical Accounting – Life (TA‑L) for quarterly closing and monitoring processes.

  • Support client management in the analysis of business performance; reviewing quarterly prognosis and updating the prognosis figures in cooperation with the client managers.

  • Undertake and complete ad‑hoc projects requiring actuarial insight, including client consulting and product development.

  • Maintain knowledge of current actuarial developments for various valuation bases (e.g. IFRS17) and developments in the (re)insurance industry across various markets.


Your Profile


  • Degree in Actuarial Science, Mathematics or Statistics with 4 to 5 years of actuarial experience.

  • Progressing towards Fellowship with a recognized actuarial body (FSA, FIA, FIAA or equivalent).

  • Strong technical and analytical skills, logical and concise in approach and demonstrate attention to detail.

  • Strong MS Excel skills (can perform complex functions).

  • Knowledge of VBA and AXIS would be advantageous.

  • A pragmatic approach to business pressure and agility is essential.

  • Self‑motivated and able to work within a team environment, with a focus on outcome.

  • An understanding of the products and insurance environment in at least one Takaful market is essential.

  • Strong communication skills in English, both written and verbal.

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* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.

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