Analyst jobs in Malaysia

Associate Analyst / Analyst of General Insurance and Domestic Capacity unit in Financial Development and Innovation Department (FDI)

Assist in the formulation and execution of policies, strategies and solutions involving general insurance and reinsurance industry, ecosystem infrastructure and legislations to build domestic capacity, promote resilience, innovation and competitiveness among industry players to meet the current protection gaps and changing needs of the economy as well as preserve the orderly development of the financial sector

Assist in the formulation, recommendation and execution of policies and strategies related to the development of financial institutions, intermediaries, technology players, delivery channels, infrastructure, and systems to improve efficiency and support the long-term development of the insurance sector in line with economic needs and financial stability objectives.

Conduct research and analysis on strategic areas and emerging developments in the general insurance sector, including large and specialized risks and prepare recommendations that would enhance the overall development of an efficient and effective financial system.

Monitor and conduct assessments on domestic and global trends in the insurance market as inputs for policy formulation to develop new or enhance existing general insurance infrastructure, delivery channels and systems.

Conduct research and provide insights on emerging areas in the general insurance and reinsurance sectors, including initiatives to support the growth of digital insurers.

Collaborate with other Government agencies to undertake initiatives aimed at elevating the financial system architecture in the areas of legal framework, market infrastructure and use of financial services.

Collaborate and coordinate with internal teams and external stakeholders to assist in implementing initiatives that enhance the effectiveness and efficiency of financial services in alignment with industry needs.

The role of a First Level Executive (FLE) is largely operational, with some tactical role for senior FLEs supporting the Manager in the development and implementation of strategic initiatives, policy frameworks, and actionable plans aligned with the Bank’s objectives and mandates. An FLE’s role involves actively addressing both structured and semi-structured problems under the guidance of a supervisor. This includes executing tasks in alignment with established procedures and applying problem-solving techniques alongside data-gathering methods to support effective decision‑making. The role also involves conceptual and innovative thinking in proposing policies or strategies to resolve identified issues.

An FLE may be expected to demonstrate ownership and accountability within his/her scope of work by leading small initiatives or workstreams. Effective stakeholder management is important as the role involves regular interactions with internal team members, project stakeholders and external parties based on needs. This includes providing routine updates and operational coordination in assignments.

Bachelor’s Degree or professional qualification in accounting, economics, banking, risk management, law, actuarial science, computer science or finance

Preferably 1 year of working experience in banking and finance, economics or insurance with good understanding of central bank functions and the insurance sector.

Advocacy and Advisory: Supports advocacy through research and policy briefs.

Analysis and Policy Development: Supports policy development through data analysis and literature review.

Diagnosis and Risk Assessments: Conducts preliminary risk assessments and supports diagnostics.

Knowledge of Financial System and Interlinkages: Applies foundational knowledge in financial system to support analysis.

Project Stewardship: Supports project execution and documentation.

Legal and Regulatory Requirements: Understands legal frameworks and regulatory requirements relevant to assigned work.

People Management: Ability to customise different approaches to managing diverse stakeholders effectively (e.g. Government agencies, financial institutions, other regulators)

Foresight: Ability to identify and draw upon emerging trends to anticipate the next stage of development or emerging risks, or undertake scenario analysis.

Communication: Ability to communicate and engage in discussions with various stakeholders both internally and externally, to achieve intended outcome.

Data Science: Applies data analytics and visualization to support decision‑making.

Change Management and Agility: Able to apply understanding of new technologies to improve project delivery, keeps abreast of technological developments relevant to financial innovation.