Updating Results

WTW

3.9
  • 1,000 - 50,000 employees

Life Actuarial Analyst (Start ASAP)

Location details

On-site

  • Malaysia

    Malaysia

    • Selangor

Location

Selangor

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryMYR 36,000 - 72,000 / Year
  • Additional benefitsAnnual bonusSupport for actuarial exams and study
  • Number of vacancies2 vacancies
  • Application open dateApply by 29 Mar 2024
  • Start dateStart date ASAP

The Role

  • Data preparation, as well as producing and analysing the initial results. You will work closely with consultants and project managers across the region who will help you to increase your insurance knowledge and sharpen your actuarial skills, all while providing a blend of client-facing exposure as well.
    Working with consultants and project managers on a variety of insurance-related client projects which includes:
    • IFRS 17
    • Statutory reserving
    • Data science and predictive analytics
    • Automation
    • Embedded Value
    • Merger and acquisitions
    • Regulatory solvency
    • Risk management and capital management
  • Developing actuarial models using WTW’s market leading actuarial software and techniques to produce customised solutions for our clients
  • Experienced associates will often begin to play an extended role in supporting the project manager on drafting a project plan, managing assigned workstreams, and ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards
  • Deliver high-quality work in compliance with excellence standards and proactively look to improve the process
  • Build strong relationships internally and collaborate effectively on cross-functional teams
  • Deliver work to project deadlines and meet or exceed client expectations
  • Work as part of a multidisciplinary consulting team to analyse issues and develop value-added solutions for the clients
  • Contribute to sales activities by assisting on proposals, demos, presentations and pitches

The Requirements

  • Degree in Actuarial Science, Mathematics, Statistics, Engineering or any other related quantitative fields
  • Recent graduates, or up to 4 years of experience in life insurance or consulting/regional roles. More experienced candidates may be considered for more senior positions.
  • Pursuing actuarial exams from recognised international Actuarial bodies
  • Strong analytical and problem-solving skills
  • Excellent communication, especially in presentation and report writing 
  • Good time management skills, with the ability to manage multiple concurrent projects efficiently
  • Self-driven achiever, and able to work independently with minimal supervision 
  • Excellent Microsoft Office skills, particularly in Excel 
  • Understanding of IFRS 17, EV, Prophet, reserving and/or pricing is a plus
  • Familiarity with WTW’s actuarial modelling software (eg. Risk Agility FM, DataValidator, and Unify) is a bonus!
  • Appropriate working rights for Malaysia

Equal Opportunity Employer

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Malaysia
Malaysian CitizenMalaysian Permanent Resident

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Malaysian Citizen
  • Study fields
    Engineering & Mathematics
  • Degree typesBachelor or higher
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Reviews

user
Graduate
Melbourne
2 years ago

Helping team with getting insurance quotes for clients, whether its a renewal or new business and writing reports

user
Graduate
Melbourne
2 years ago

Varied and interesting.

user
Graduate
Sydney
2 years ago

My role as an analyst see me assisting the senior team members with all day-to-day tasks. I get to experience a range of tasks which means everyday can be different.

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About the employer

WTW

WTW

Rating

3.9

Number of employees

1,000 - 50,000 employees

Industries

Banking & Financial Services

We’re WTW - a leading global advisory, broking and solutions company.

Pros and cons of working at WTW

Pros

  • Welcoming place to work, and very understanding superiors when it comes to taking a little extra time to learn processes and the work. Legitimate incentives to continue study with pay rises and study leave.

  • Extremely welcoming and friendly people and team culture. Everyone is very approachable, easy to talk to and understanding of each other's circumstances.

  • I believe the best thing about working here is close knit client teams and the inclusivity of these teams.

  • Having an employer who wants to invest in you and help your professional development.

  • Flexibility, hybrid working, company social events - celebrating things like wear it purple day

Cons

    • Nature of the business, but work tends to clump a touch through the year, some months are crazily busy whereas others are quiet.

    • The inconsistent nature of consulting and meeting client deadlines. Can have the occasional lull of work with little to do, and other times have multiple competing jobs requiring many extra hours to complete.

    • I think the worst thing can be the technology at times. IT systems or devices not working.

    • Team with no set office days which mean it's difficult to create connections with co-workers.

    • Environment can be too quiet at times.