Actuarial Analyst

16 hours ago

Kuala Lumpur, Kuala Lumpur, Malaysia Willis Towers Watson Full time

Insurance Consulting and Technology is the world's largest provider of insurance actuarial and technology solutions that includes leading software products and enterprise platforms. At ICT, we combine strategic and analytical skills to bring business solutions to our clients, while applying the latest techniques and our leading technology solutions. We work as trusted advisers and business partners to our clients to help grow and manage their business.

As a P&C actuarial analyst / senior 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, reserve valuation, data science/analytics, RBC/ICAAP, mergers 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 working closely with other analysts/consultants and the project lead/manager to ensure timely delivery of projects.
  • Supporting the project manager on drafting project plans, managing assigned workstreams, and ensuring the progress of the team against established objectives, budget, timeline, deliverables, and quality standards. You will also support client communication and business development activities.
  • Working with consultants and project managers on a variety of insurance-related client projects which include, but are not limited to:
    • IFRS 17
    • Reserve valuation
    • Pricing
    • Data science and predictive analytics
    • Merger and acquisitions
    • Risk management and capital management
  • Developing actuarial models using WTW's market-leading actuarial software and techniques to produce customized solutions for our clients.
  • Supporting research and Intellectual Property Development (IPD) work.
  • Building strong relationships internally and collaborating effectively on cross-functional teams.
  • Demonstrating natural ease and effectiveness when dealing with clients/colleagues at all levels.
  • Delivering work in accordance with project deadlines and meeting or exceeding client expectations.
  • Working as part of a multidisciplinary consulting team to analyze issues and develop value-added solutions for clients.
  • Developing a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects.
  • Contributing to sales activities by assisting with proposals, demos, presentations, and pitches.
Qualifications

The Requirements

  • Degree in Actuarial Science, Mathematics, Statistics, Engineering, or any other related quantitative fields. Fresh graduates and experienced hires with up to 6 years of relevant experience in general insurance or consulting/regional roles. Less experienced candidates may be considered for the analyst position.
  • Good progress with actuarial exams from recognized International Actuarial Bodies (e.g., CAS, IFOA, etc.).
  • Strong analytical and problem-solving skills.
  • Excellent communication skills, especially in presentation and report writing.
  • Self-driven achiever, able to work independently with minimal supervision.
  • Excellent Microsoft Office skills, particularly in Excel.
  • Good time management skills, able to manage multiple concurrent projects efficiently.
  • Basic understanding of the insurance landscape, IFRS 17, reserving, M&A, and/or pricing.
  • Familiarity with WTW's actuarial modeling software (e.g., Emblem, Radar, ResQ, ResQ Financial Reporter, Igloo) is a plus.

Equal Opportunity Employer


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