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Actuarial Analyst/ Senior Actuarial Analyst

2 months ago


Malaysia Zurich 56 Company Ltd Full time
Actuarial Analyst/ Senior Actuarial Analyst (General Insurance)

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:

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

Your skills and experience:

  1. Bachelor’s Degree in Actuarial Science or Mathematics.
  2. Good exam progress from an internationally recognized actuarial association.
  3. At least 2 years of working experience in a related role.
  4. Able to manage multiple stakeholders across the business and contacts at the regional or head office.
  5. A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
  6. Excellent team-working, communication and interpersonal skills are also required.
  7. Able to manage and meet deadlines and work under pressure.
  8. Fresh graduates 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.

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