Life/Health Actuarial Analyst
Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Life/Health Actuarial Analyst
- 202606498
- Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Description
In this role, your analytical work will go beyond traditional consulting advisory. You will apply insurance domain knowledge and actuarial judgement while leveraging on WTW’s market-leading actuarial software to produce tailored solutions to our insurance clients.
As part of our regional consulting team, you will gain broad exposure through working on a variety of projects across different actuarial domains, and with different insurance clients from different markets.
Work Arrangement: Hybrid
Key Responsibilities:
- Work with consultants and project managers on a variety of life/health insurance client projects, including financial modelling, valuation and capital, merger and acquisitions and IFRS 17 etc.
- Develop and build actuarial models using WTW’s market-leading software and apply actuarial techniques to deliver tailored, value-added solutions for our clients.
- Produce, analyse, explain and communicate results and findings, working closely with project managers/leads and other team members to ensure high-quality work is delivered efficiently within established timelines and budgets.
- Proactively identify opportunities to streamline processes, elevate work quality, and actively pursue continuous learning and professional development opportunities.
- Manage time and workload efficiently across multiple concurrent projects while meeting billable hour targets.
- Support client communications and build trusted advisor relationships through quality execution.
- Assist project manager with project management and workstream coordination, including project planning and tracking progress against agreed objectives, budgets, timelines, and deliverables, to meet or exceed client expectations
- Collaborate seamlessly as part of a multidisciplinary, cross-functional team to tackle complex client challenges and deliver insightful advice and solutions.
- Leverage AI-enabled tools, analytics and automation solutions to improve efficiency, quality and scalability of actuarial modelling, analysis, reporting and project delivery
Qualifications
- Degree in Actuarial Science, Mathematics, Statistics, Engineering, or a relevant quantitative field
- Fresh grads, or experienced hires of up to 2 years of actuarial experience.
- Good progress in actuarial exams with a recognised International actuarial body (e.g. IFoA, SOA, IOAA)
- Demonstrate a digital-first mindset and embrace emerging technologies, including AI, automation and advanced analytics, to support actuarial modelling, consulting and project delivery.
- Ability to critically assess, validate and appropriately apply outputs generated from AI and analytical tools while maintaining professional judgement and actuarial standards.
- Basic programming or data analytics skills (e.g. Python, R, SQL, Power BI, VBA or similar tools) would be advantageous.
- Strong analytical and problem-solving skills
- Self-driven, and able to work independently with minimal supervision
- Understanding of life/health insurance business and market landscape
- Prior experience with WTW’s software (eg. RiskAgility Financial Modeller, Unify, DataValidator) is a plus
- Good time management skills, and able to manage time effectively across multiple concurrent projects
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