GI Pricing Senior Actuarial Analyst from a Direct Insurer (Malaysia)
Duties and responsibilities:
- Produce pricing analyses/rate level indications at a portfolio or individual account level within agreed timescales and work closely with underwriters. Ensure appropriate expenses is loaded as per global expense guidance and pricing methodologies are in accordance with global pricing guidance.
- Actively involved in business review exercise. Identify and communicate key trends and/or loss drivers to stakeholders and subsequently recommending and monitoring of remedial actions.
- Regular maintenance of Tableau dashboard and updating of mapping table as needed. Work closely with Axon team to rectify data problems or enhancement of dashboard as needed.
- Support the annual budget loss ratio exercise by engaging with local/regional business and underwriting team. Liaising with regional/international actuaries on the budget loss ratio exercise.
- Support regional input on global guidelines and data collection as needed.
- Provide the APAC business with ad hoc actuarial support as required to profitably grow their business and take remedial action where needed.
- Assist in researching and developing advanced pricing techniques/predictive modelling.
- Any other duties as required.
Communication:
- Ensure all contact and interactions are of the highest standards, communicating clearly and appropriately to all stakeholders
- Collaborate and provide regular reporting and updates with key stakeholders
Requirements:
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or related area preferred
- 5-8 years personal lines pricing experiences required, ideally with GLM modelling skillset
- Good progress in Actuarial Exams.
- Experience in SQL and/or R or other programming languages required.
- Comfortable in handling large set of data
- Strong analytical and problem-solving skills
- Excellent and timely communication, presentation, and interpersonal skills
- Willing and able to continuously learn and adapt in a dynamic and fast changing environment