Actuarial, Analyst

Transform insights into action and impact.

About the Role

- Perform Prophet modelling and maintenance tasks.
- Support in other local statutory reporting such as Financial Condition Report (FCR) and Bank Negara Malaysia (BNM) submission.

Roles and Responsibilities:

1. Increased responsibility in actuarial modelling

• To perform model development, maintenance and enhancement for valuation, projections, capital assessment and business planning.
• To implement new products, product changes and regulatory requirements within actuarial models.
• To perform model validation, testing and reconciliation to ensure model accuracy and completeness.
• To prepare model documentation, methodologies and validation reports.
• To investigate and resolve model issues, data discrepancies and calculation anomalies.
• To support internal and external audits, peer reviews and regulatory examinations.
• To ensure compliance with actuarial standards, company policies and model risk management requirements.
• To mentor junior team members or interns, guiding them in their work related to modelling.
• To communicate actively with pricing team to understand the model requirement for new product features and campaign launched.

2. Coordinate and compile actuarial information and analyses required for the FCR and other regulatory submissions, ensuring compliance with BNM requirements and reporting timelines.

3. Perform other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements.

Minimum Job Requirements:

• Undergraduate degree in actuarial science.
• Have more than 2 years of working experience.
• Good exam progression with Actuarial Professional Exam in any actuarial professional body.
• Excellent analytical and problem-solving skills.
• Must have knowledge and experience using Prophet, Microsoft Visual Foxpro and Microsoft Excel.