Manager - Actuarial (PwC Acceleration Center Kuala Lumpur)

Description

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Job Description & Summary

A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company’s balance sheet or you could be revising businesses’ projections and making sure they have adequate reserves.

You will play an integral role in supporting our life, annuity, and health clients in a variety of ways which includes the following but are not limited to:

• Supporting the audits of several of the largest insurers in the world. This includes public, private and mutual insurers. It also includes the insurance operations of several banks and private equity firms.
• Performing a variety of consulting projects that include financial reporting, capital reporting, product pricing. We also perform operational and organizational consulting for our clients.
• Supports buyers and sellers in merger and acquisition activities. This includes analysis of the underlying products and services as well as potential risks and other elements that affect the price of the deal.
• Performing detailed model validations of underlying reserves and other actuarially determined balances across multiple reporting and regulator bases. This work supports audits and consulting engagements.

Specific responsibilities include but are not limited to:

• Participating in a wide range of projects and collaborating across multiple work streams or teams; consistently demonstrating creative thinking, individual initiative and timely completion of assigned work.
• Consistently demonstrating teamwork dynamics by working as a team member: understanding personal and team roles; contributing to a positive working environment by building solid relationships with team members; proactively seek guidance, clarification and feedback.
• Ability to prepare deliverables within stringent deadlines.
• Keep up to date with local, national and international business and economic issues.
• Contribute to the development of your own and team’s technical acumen.
• Serve as participant on communications with numerous Engagement teams

A career in this practice will provide you the opportunity to help organizations by providing actuarial and insurance services. You will have the opportunity to specialize in some of the following:

• Demonstrating proven extensive knowledge of, and/or success in managerial roles involving, technical actuarial subject matter specialization, especially in Life or Non-Life industry and regulatory developments.
• Demonstrating proven extensive knowledge of, and/or success in roles involving, directing efforts to identify and address client needs for a global network of professional services consulting firms, emphasizing the following areas:
• Developing and sustaining extensive client relationships using networking, negotiation and persuasion skills to identify and sell potential new service opportunities;
• Preparing and presenting complex written and verbal materials; and,
• Defining resource requirements, project workflow, budgets, billing, collection.
• Demonstrating proven extensive level abilities and/or success with using spreadsheets, database and/or other actuarial software-related technologies.
• Demonstrating proven extensive level abilities and/or success with managing and performing as a team leader: leading teams to generate a vision, to establish direction and motivate members, as well as create an atmosphere of trust, leverage diverse views, coach staff, to encourage improvement and innovation.
• Demonstrating proven extensive level abilities and/or success with writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients and internal staff and management.

Requirements:

• Bachelor’s in Actuarial/Finance/Economics/Mathematics/ Statistics (B. Com, B.A (Economics) B.Sc. with Economics / Mathematics / Statistics Hons) with focus on actuarial methods and principals along with following certifications / degree:
• Associateship of the Institute and Faculty of Actuaries / Society of Actuaries (or equivalent)
• Certification requirement may be waived if the candidate has more experience in the relevant field
• Work Experience required - 5 years and above for the members / associate of Actuarial Institutions
• Advance knowledge on Microsoft Office especially Excel
• An additional knowledge of either of the following would be preferred: Data Analytics – Python, SQL, Visualization Tools (Tableau, PowerBI, QuickSight), VBA programming
• Proficient written and verbal English communication skills
• Commitment to continuous training and to proactively learn new processes
• Team player – committed to providing high quality and maintaining timeliness
• Demonstrated self-motivation and a desire to take responsibility for personal growth and development.

Additional application instructions

Please attach the following documents along with your CV when you submit an online application:

• Academic Certificates and Transcripts, from SPM onwards (or equivalent)
• A copy of your NRIC or passport
• Recent passport size photo

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For further information, and to apply, please visit our website via the “Apply” button below.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.