Senior Actuarial Analyst
Kuala Lumpur, 14, MY
Your Job
- Conduct and complete experience studies via AXIS for agreed treaties/products, including coordination with regional actuarial teams for review and approval.
- Support Solvency II, IFRS and Local Statutory reporting to ensure accurate and timely submissions.
- Coordinate and perform regular experience monitoring, treaty performance analysis and assumption reviews.
- Coordinate and complete AXIS model conversions for selected treaties, including liaising with regional actuarial teams for review and approval.
- Maintain up-to-date valuation data, actuarial models, and processes with proper documentation
- Work closely with team members within the business unit to ensure treaties are accurately set up, valued and reported.
- Ensure annual surplus sharing calculation is done accurately and submitted to cedants on time.
- Provide support to Technical Accounting - Life (TA-L) on bordereaux and statement of accounts confirmation where necessary.
- Provide input to Technical Accounting - Life (TA-L) for quarterly closing and monitoring processes.
- Support client management in the analysis of business performance; reviewing quarterly prognosis and updating the prognosis figures in cooperation with the client managers.
- Undertake and complete ad hoc projects requiring actuarial insight, including client consulting, product development.
- Maintain knowledge of current actuarial developments for various valuation bases (e.g. IFRS17) and developments in the (re)insurance industry across various markets.
Your Profile
- Degree in Actuarial Science, Mathematics or Statistics with 4 to 5 years of actuarial experience.
- Progressing towards Fellowship with a recognized actuarial body (FSA, FIA, FIAA or equivalent).
- Strong technical and analytical skills, logical and concise in approach and demonstrate attention to detail.
- Strong MS Excel skills (can perform complex functions).
- Knowledge of VBA and AXIS would be advantageous.
- A pragmatic approach to business pressure and agility is essential.
- Self-motivated and able to work within a team environment, with a focus on outcome.
- An understanding of the products and insurance environment in at least one Takaful market is essential.
- Strong communication skills in English, both written and verbal.
Job Segment:
Consulting, Technology