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

Mental health and wellbeing resources

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

Sports & Recreational Club

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

Flexible work hours:

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

Hybrid working arrangement

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: <a href="https://my.linkedin.com/company/zurich-insurance-company-ltd" target="_self">Zurich</a>

Who We Are

Diversity
We are one team and value the diversity and potential of every individual.

Adaptability
We embrace new ideas to exceed our customers expections.

Accountability
We deliver our promises and stand up for what is right.

Our Values

Summary &nbsp; Actuarial Service Centre Asia Pacific (ASCAP) is an APAC regional Centre of Excellence for Zurich Insurance Group, providing actuarial modelling, reporting and consulting services to the Zurich APAC regional office and Business Units in the APAC region. &nbsp; We are looking for Life Insurance valuation and modelling actuaries at manager level (Manager, Executive Manager) for the development of financial models, SST AFR &amp; NBV and IFRS17 analysis and reporting, calculation of insurance reserves and risk analysis (e.g. economic capital), etc. as well as projects for the Business Units, region and the group.&nbsp; &nbsp; This is an excellent opportunity to collaborate with a spirited and highly capable team, working closely with other actuarial teams and Chief Actuaries in the APAC region within Zurich Insurance Group. Additionally, it provides valuable exposure to the full spectrum of actuarial work and project experience across the APAC region, encompassing business units at various stages of maturity. &nbsp; KEY ACCOUNTABILITIES &nbsp; Leadership <ul> <li>A people manager who leads and develops a team of 2-4 actuaries including senior executive and executive</li> <li>Provide guidance, coaching and training to junior actuaries</li> </ul> &nbsp; Financial Modelling&nbsp; <ul> <li>Develop, enhance, and review Prophet Models in accordance with the Prophet Development Framework&nbsp;</li> <li>Produce documentation for the Prophet developments.&nbsp;</li> <li>Provide guidance to junior actuaries for Prophet modelling activities</li> </ul> &nbsp; Financial Reporting <ul> <li>IFRS17: Analysis and reporting, provide forecast and management insights based on long-term financial reporting&nbsp;</li> <li>Swiss Solvency Test Available Financial Resources (SST AFR) &amp; New Business Value (NBV): Analysis and reporting&nbsp;</li> <li>Support Business Units with local regulatory financial reporting&nbsp;</li> <li>Analyse results and provide business insight to stakeholders in both the Asia Pacific business units and Corporate Centre, taking into account relevant business context</li> </ul> &nbsp; Advisory and Consulting <ul> <li>Provide ad hoc support to Business Units in the region on business planning, experience studies and assumption setting, capital modelling etc.&nbsp;</li> <li>Provide project (e.g. M&amp;A) support to Business Units and APAC regional office&nbsp;</li> <li>Assist in methodology developments&nbsp;</li> <li>Identify areas for improvement in modelling and reporting processes and drive improvement initiatives</li> </ul> &nbsp; RELATIONSHIPS Internal&nbsp; <ul> <li>Actuarial and finance colleagues in Asia Pacific business units&nbsp;</li> <li>Actuarial and finance colleagues in Zurich Corporate Centre and APAC Regional Management of the Zurich Group &nbsp;</li> </ul> External <ul> <li>Actuarial auditors</li> </ul> &nbsp; TRAVEL &amp; OTHER REQUIREMENTS <ul> <li>Some travel possible to the Business Units being supported, as well as in support of short-term secondments in the Asia Pacific region.</li> </ul> &nbsp; QUALIFICATIONS/EXPERIENCE <ul> <li>Degree qualified, preferably in Actuarial studies&nbsp;</li> <li>Qualified or nearly qualified actuary of an internationally recognised actuarial institution (IFoA, SOA, IA, IAA)&nbsp;</li> <li>Minimum 6 years of relevant working experience in the life insurance industry</li> </ul> &nbsp; KNOWLEDGE <ul> <li>Strong actuarial technicality&nbsp;</li> <li>Experience in Prophet modelling is essential, additional programming skills (e.g. VBA, SQL, Python) are an added bonus&nbsp;</li> <li>Familiarity with IFRS17, embedded value and economic capital or market consistent valuation concepts&nbsp;</li> <li>Knowledge of accounting concepts, including an understanding of revenue accounts and balance sheet&nbsp;</li> <li>Knowledge of statistical and actuarial tools and techniques&nbsp;</li> </ul> &nbsp; SKILLS &amp; COMPETENCIES <ul> <li>Risk identifier with strong attention to detail&nbsp;</li> <li>Strong leadership skills&nbsp;</li> <li>Able to work effectively individually and as a team&nbsp;</li> <li>Ability to meet deadlines and work under pressure, in accordance with regulatory, compliance and professional requirements&nbsp;</li> <li>Excellent written communication and ability to produce deliverables that demonstrate structured thought and clearly present the business issues and outcomes&nbsp;</li> <li>Strong verbal communicator with the ability to explain complex concepts in a simple manner</li> </ul> &nbsp; SOFT SKILLS <ul> <li>Analytical, innovative and transformative mindset&nbsp;</li> <li style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Customer centric </li> <li style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Pragmatic &amp; efficient </li> <li style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Relationship builder, team player</li> </ul> &nbsp;<div></div>&nbsp; At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers, and we want our employee base to reflect that. &nbsp; Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics. &nbsp; With the above in mind, we accept applications from everyone regardless of your background, beliefs, or culture. &nbsp; We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. &nbsp; So, make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us. &nbsp; Location(s): MY - Kuala Lumpur Schedule: Full Time Recruiter name: Caroline Louis Closing date: &nbsp;

This job is for an Actuarial Manager at Zurich Insurance, where you’ll lead a dynamic team in building financial models for life insurance and analyze key reports. You might like this job because it offers great team collaboration and project variety across APAC!

Summary   Actuarial Service Centre Asia Pacific (ASCAP) is an APAC regional Centre of Excellence for Zurich Insurance Group, providing actuarial modelling, reporting and consulting services to the Zurich APAC regional office and Business Units in the APAC region.   We are looking for Life Insurance valuation and modelling actuaries at manager level (Manager, Executive Manager) for the development of financial models, SST AFR and NBV and IFRS17 analysis and reporting, calculation of insurance ...

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Company Profile

Zurich Services Malaysia Sdn. Bhd.