Associate, Actuarial Pricing

1 month ago


Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time
Job Description:
  • Ensure products are priced following the Pricing Policy.
  • Review product descriptions and evaluate product design.
  • Prepare product documentation and filing materials for Bank Negara Malaysia.
  • Create Group quotations.
  • Offer technical rationale, cost evaluation, and valuable insights to support in securing Group business.
  • Maintain the compilation of group scheme details on a monthly basis.
  • Conduct user acceptance testing and aid in various testing needed for system improvements.
  • Collaborate with the product/sales team to explore customized product designs.
  • Perform spontaneous calculations when required.
  • Develop presentation materials for the Product Development Committee.
  • Ensure product designs align with relevant regulations and guidelines.
  • Examine marketing content.
  • Assist in the launch and execution of new products.
  • Cooperate with other departments to guarantee equitable treatment of customers.
  • Coordinate with Retakaful operators to secure assistance.
  • Prepare quarterly product launch assessments and annual product evaluations.
  • Conduct annual experience studies and analyses.
Job Specification:
  • Degree in Statistics, Mathematics, or Actuarial Studies.
  • Passed Intermediate/Fellowship actuarial exams from Faculty of Actuaries, Scotland/ Institute of Actuaries, England/ Institute of Actuaries, Australia/ Society of Actuaries, US.
  • Strong communication skills - written and verbal.
  • Proficient in relevant computer skills - Macro, Visual Basic, Excel, Word, etc.
  • Sound grasp of Takaful principles.


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