Actuarial Product Pricing

11 hours ago

Kuala Lumpur, Kuala Lumpur, Malaysia BGC Group Full time

Actuarial Product Pricing (Open to Fresh Graduates | Highly Extendable Contract)


Jalan Ampang, Kuala Lumpur


Salary: RM2,800 – RM3,200

About the Role

We are looking for a motivated
Product Pricing (Finance/Actuarial)
professional to support end-to-end actuarial pricing activities. This role offers hands-on exposure to product pricing, premium rating, profitability analysis, and regulatory compliance—an excellent opportunity for fresh graduates or early-career actuarial talents to build a strong foundation in the insurance industry.

Key Responsibilities

  • Support the
    end-to-end product pricing process
    , including premium rating, to ensure product competitiveness and profitability.
  • Perform
    pricing and profit testing
    using established actuarial models.
  • Ensure compliance with
    internal pricing policies
    and
    external regulatory guidelines
    for product approval and filings.
  • Collaborate with internal stakeholders to integrate
    Individual Life / Accident & Health
    product features into daily operations.
  • Assist with
    actuarial pricing parameter setup
    for new products.
  • Support the setup and validation of
    benefit illustration programs
    .
  • Handle routine and standard queries from internal stakeholders.
  • Provide support in actuarial, pricing-related projects, and company-wide initiatives.
  • Analyse and interpret data to identify trends and generate insights that support informed business decisions.
  • Support pricing initiatives across various
    distribution channels
    through data analytics.

Requirements

  • Bachelor's Degree in Actuarial Science
  • Passed or exempted
    preliminary actuarial exams
    from actuarial associations recognised by
    Bank Negara Malaysia (BNM)
  • Strong analytical and numerical skills
  • Proficiency in
    Excel
    , including Macros and Visual Basic
  • Familiarity with
    Prophet
    for product modelling and projections is an advantage
  • Good communication skills and the ability to work collaboratively
  • Fresh graduates or candidates with 0–1 year of experience
    are encouraged to apply

Why Join?

  • Valuable exposure to
    real-world actuarial pricing and product development
  • Opportunity to work with experienced actuarial professionals
  • Strong potential for
    contract renewal
    based on performance
  • Ideal role to kick-start a long-term actuarial or insurance career

If you are detail-oriented, analytical, and eager to grow within the actuarial and insurance space, we'd love to hear from you.

Apply now and take the first step in building your actuarial career. You may also reach out to Lovina at or email for more info.

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