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    Actuarial Analyst / Senior Actuarial Analyst (P&C)

    Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

    Actuarial Analyst / Senior Actuarial Analyst (P&C)

    • 202500408
    • Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
    • Full time
    • Closing on: Feb 27 2025

    Description

    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 client, while applying the latest techniques and our leading technology solutions. We work as the 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, 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 customized solutions for our clients.

    The Role

    • Producing, analyzing and explaining the results, and will work closely with other analysts/consultants and the project lead/manager to ensure timely delivery of projects. 
    • Supporting the project manager on drafting project plan, managing assigned workstreams, and ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards. You will also be supporting on client communication, and business development activities.
    • Working with consultants and project managers on a variety of insurance-related client projects which includes, but 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 on research and Intellectual Property Development (IPD) work 
    • Building strong relationships internally and collaborate effectively on cross-functional teams 
    • Demonstrating natural ease and effectiveness when dealing with clients/colleagues at all levels
    • Delivering work in accordance to project deadlines and meet or exceed client expectations 
    • Working as part of a multidisciplinary consulting team to analyze issues and develop value-added solutions for the clients
    • Developing a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
    • Contributing to sales activities by assisting on proposals, demos, presentations and pitches
       

    Qualifications

    The Requirements

    • Degree in Actuarial Science, Mathematics, Statistics, Engineering or any other related quantitative fields
      Fresh grads, 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 recognised International Actuarial Bodies (e.g. CAS, IFOA etc)
    • Strong analytical and problem-solving skills
    • Excellent communication, especially in presentation and report writing 
    • Self-driven achiever, and able to work independently with minimal supervision 
    • Excellent Microsoft Office skills, particularly in Excel
    • Good time management skills, and 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 modelling software (eg. Emblem, Radar, ResQ, ResQ Financial Reporter, Igloo) is a plus

    Equal Opportunity Employer
     

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