Senior Actuarial Analyst

1 month ago

Kuala Lumpur, Malaysia WTW Full time
As a P&C actuarial analyst in ICT, you will work as part of a team on projects focused mainly on general insurance. You will be involved in a variety of projects including IFRS 17, pricing, statutory valuation, data science/analytics, capital management, merger and acquisitions etc for our clients across South East Asia. Many of the projects will involve using WTW's market leading actuarial software and techniques to produce customized solutions for our clients.

The Role
  • Producing, analyzing and explaining the results, and will work closely with other analysts/consultants and the project lead/manager to ensure timely delivery of projects.
  • In addition to project delivery, you will also be supporting the project manager on drafting project plan, managing assigned workstreams, and ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards. You will also be supporting on client communication, and business development activities.
  • Working with consultants and project managers on a variety of insurance-related client projects which includes:
    • IFRS 17
    • Pricing, underwriting and product design
    • Statutory reserving
    • Data science and predictive analytics
    • Merger and acquisitions
    • Regulatory solvency
    • Risk management and capital management
  • Developing actuarial models using WTW's market leading actuarial software and techniques to produce customized solutions for our clients
  • Deliver high-quality work in compliance with Excellence standards and proactively look to improve the process
  • Manage time effectively across multiple concurrent assignments
  • Support on research and Intellectual Property Development (IPD) work
  • Build strong relationships internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
  • Serve as mentor to junior team members
  • Deliver work in accordance to project deadlines and meet or exceed client expectations
  • Work as part of a multidisciplinary consulting team to analyze issues and develop value-added solutions for the clients
  • Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
  • Manage project budget efficiently
  • Contribute to sales activities by assisting on proposals, demos, presentations and pitches

The Requirements
  • Min. Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Engineering or any other related quantitative fields
  • Min. 3-7 years of experience in general insurance or consulting/regional roles. Less experienced candidates may be considered for more junior positions.
  • Good progress with actuarial exams from recognised International Actuarial Bodies
  • Strong analytical and problem-solving skills
  • Excellent communication, especially in presentation and report writing
  • Good time management skills, and able to manage multiple concurrent projects efficiently
  • Self-driven achiever, and able to work independently with minimal supervision
  • Excellent Microsoft Office skills, particularly in Excel
  • Good understanding of IFRS 17, reserving, M&A and/or pricing
  • Familiarity with WTW's actuarial modelling software (eg. Emblem, Radar, ResQ, ResQ Financial Reporter) is a plus

Equal Opportunity Employer

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