Actuarial Modelling Specialist

4 days ago


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

The Role
We are seeking an experienced Senior Actuarial Analyst to join our team in ICT. As a P&C senior actuarial analyst, you will work on projects focused mainly on general insurance. You will be involved in various projects including IFRS 17, pricing, reserve valuation, data science/analytics, RBC/ICAAP, 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 customised solutions for our clients.

As a Senior Actuarial Analyst, your key responsibilities will include:
  • Producing, analysing and explaining 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 progress 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 various insurance-related client projects which includes but is not limited to: IFRS 17, Pricing, Reserve Valuation, 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 customised solutions for our clients.
  • Delivering high-quality work in compliance with excellence standards and proactively looking to improve processes.
  • Managing time effectively across multiple concurrent assignments.
  • 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.
Requirements

We are looking for a highly skilled and experienced candidate who possesses the following qualifications:

  • Degree in Actuarial Science, Mathematics, Statistics, Engineering or any other related quantitative fields.
  • Minimum 2 to 5 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 (e.g., Emblem, Radar, ResQ, ResQ Financial Reporter) is a plus.


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