Actuarial, Analyst

Posted Yesterday
Be an Early Applicant
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Mid level
Insurance • Financial Services
The Role
Perform actuarial model development, maintenance, validation, testing, and reconciliation using Prophet. Support valuation, projections, capital assessment, business planning, product changes, regulatory requirements, and model documentation. Compile actuarial analyses for Financial Condition Reports and Bank Negara Malaysia submissions, support audits and regulatory examinations, investigate data discrepancies, and collaborate with pricing teams. Mentor junior staff and interns while ensuring compliance with actuarial standards and model risk requirements.
Summary Generated by Built In

Transform insights into action and impact.


At AIA, your skills, perspective and ideas can help us protect customers, balance risk and opportunity, and contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on real-world challenges, collaborate with talented colleagues and bring together data, technical expertise and commercial understanding to strengthen customer solutions and support sustainable growth.


Join us to shape better decisions, grow through new experiences and extend your impact across Asia.


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.

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Skills Required

  • Undergraduate degree in actuarial science
  • More than 2 years of working experience
  • Good exam progression with Actuarial Professional Exams in any actuarial professional body
  • Excellent analytical and problem-solving skills
  • Knowledge and experience using Prophet
  • Knowledge and experience using Microsoft Visual FoxPro
  • Knowledge and experience using Microsoft Excel
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Hong Kong
25,938 Employees
Year Founded: 1919

What We Do

AIA Group Limited is a multinational insurance and financial services corporation headquartered in Hong Kong, providing life insurance, savings, and health protection products across the Asia-Pacific region.

Similar Jobs

In-Office
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
3164 Employees

Manulife Logo Manulife

Actuarial Analyst

Fintech • Insurance • Financial Services
In-Office
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
32427 Employees
In-Office or Remote
2 Locations
25938 Employees

AIA Group Limited Logo AIA Group Limited

Actuarial, Analyst

Insurance • Financial Services
In-Office
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
25938 Employees

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account