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Actuarial Analyst/ Senior Actuarial Analyst (General Insurance)

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This job is for an Actuarial Analyst/Senior Actuarial Analyst in General Insurance. You might like this job because you will analyze insurance liabilities, collaborate on financial planning, and support compliance efforts.('@/u')

Undisclosed

Kuala Lumpur, MY

Full-Time

Job Description

Job Summary:

This role supports the Chief Reserving Actuary in delivering a wide range of responsibilities. The role is expected to perform more complex actuarial analyses, in relation to reserving, reporting and quantitative risk management:

Key Responsibilities:    

This role supports the Chief Reserving Actuary in delivering a wide range of responsibilities. The role is expected to perform more complex actuarial analyses, in relation to reserving, reporting and quantitative risk management:

  • Supervise annual and quarterly valuations of general insurance liabilities in accordance to generally accepted actuarial principles and local/group requirements
  • Prepare the Financial Condition Report (“FCR”)
  • Collaborate with Finance team for the yearly planning cycle and the Full Year Forecast exercise throughout the year
  • Perform stress test and Internal Capital Adequacy Assessment Process (ICAAP) in accordance with the relevant internal and Bank Negara Malaysia (BNM) guidelines
  • Support IFRS17 implementation
  • Provide recommendation on surplus distribution to participants and shareholders
  • Identify key trends in portfolio’s experience and provide recommendations to the business
  • Perform independent review on product pricing

Your skills and experience:

  • Bachelor’s Degree in Actuarial Science or Mathematics
  • Good exam progress from an international recognized actuarial association
  • At least 2 years of working experience in a related role
  • Able to manage multiple stakeholders across the business and contacts at the regional or head office.
  • A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
  • Excellent team-working, communication and interpersonal skills are also required
  • Able to manage and meet deadlines and work under pressure
  • Fresh graduate are encouraged to apply and will be considered for the Analyst position

 

You are the heart & soul of Zurich! 

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? 

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step. 

Let’s continue to grow together!

 

  • Location(s):  MY - Kuala Lumpur 
  • Remote working:
  • Schedule: Full Time
  • Recruiter name: Tarenjit Kaur
  • Closing date:


Job Requirements


Company Benefits

Mental health and wellbeing resources

We host accessible webinars for employees on topics like healthy eating, mindfulness, resilience, parenting, finances, work relationships, and more.

Sports & Recreational Club

We organize regular sports events like badminton and bowling tournaments, fostering teamwork and spirit through our Sports Club.

Flexible work hours:

We offer flexible working hours to help our employees manage their work and personal commitments.

Hybrid working arrangement

We offer hybrid work arrangements, allowing employees to work from the office or remotely, promoting flexibility, adaptability, and collaboration.


Additional Info

Company Activity

Last active - few days ago

Experience Level

0 - 10 Years of Experience

Job Specialisation

Actuarial / Statistical Science, Data Science & Analytics, Pre-Sales / IT Business Analyst / Business Intelligence


Company Profile

Zurich Services Malaysia Sdn. Bhd.-logo-image

Zurich Services Malaysia Sdn. Bhd.

Zurich is a leading multi-line insurer that serves its customers in global and local markets.

With about 60,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872.

ONE TEAM, ONE PURPOSE

We are Zurich, one global company, with one mission, one ambition, one set of shared values and a clear commitment to our stakeholders: our customers, our people, our shareholders, and the communities in which we live and work.

Source: Zurich