Share this Job
Apply now »

Senior Pricing Analyst


Job Summary

Acts in an actuarial capacity while in pursuit of an actuarial qualification, performing duties which are of a mathematical and/or financial nature, in order to provide highly accurate data analyses recommendations for use by Actuaries, typically in the evaluation of loss reserves or the pricing of business. Train less experienced personnel.

Job Qualifications

• Bachelors Degree in Mathematics/Statistics or Actuarial Sciences

• Successful completion of 5 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 2 or more years actuarial experience

• Successful completion of 3 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 3 or more years of actuarial experience

Job Accountabilities

Key Accountabilities:
• Supports reserving, portfolio profitability analysis, reinsurance analysis, or market-facing business units in support of business objectives.
• Coordinate, prepare, and perform actuarial analyses including loss and premium projections, consultations on actuarial models, or capital modeling.
• Support Finance, market-facing business units, Claims, Risk, Capital Management, and other functions on reserving and make recommendations towards strategic business decisions.
• Support loss reserve calculations for general insurance business under various bases.
• Ensure that the claims provisioning processes for assigned tasks are appropriately governed in accordance with Group, Regional, and Local regulatory policies.
• Supports the pricing of new/renewal business, make recommendations for developing effective pricing/rating structures and developing effective rating and pricing/rating structures and develop strategies in support of business objectives.
• Provide support for management of profit margins on new and renewal business, and the monitoring of portfolio performance.
• Coordinate, prepare and perform actuarial analyses including trend analyses, reinsurance analyses and analyses of loss and expense reserves, as it relates to pricing adequacy and strategic direction.
• Provide consultation and technical expertise on actuarial models and risk issues, make recommendations in support of Market Facing and Product Underwriting on pricing decisions.
• Prepare premium rate filings, schedules of statistics/statistical analyses, and financial statements.
• Assist in the design, testing and maintenance of pricing models and tools.
• Assists in calculation of actuarial reserves and new business value reporting, capital and solvency monitoring, preparation of input data for internal capital modeling calculations, planning, profitability and experience analyses for defined segments of life insurance business.
• Implement minor actuarial cash flow model developments with considerable support and guidance.
• Assists in the development, running and testing of pricing models.
• Deconstruct and analyze competitor products and inputs to the design of new and revised products.
• Support the development of product business cases including the calculation of key profitability metrics.
• Review aspects of the emerging business experience as part of the actuarial control cycle and make recommendations in this regard.
• Review the wider proposition and technical aspects of the sales process, including illustrations, sales tools, terms & conditions etc., and make recommendations in this regard.

Add. Job Functions:
• Solve problems on portfolios with a limited level of complexity / diversity.

Business Accountabilities

• Provide basic actuarial services in order to fulfill routine business requirements.
• Monitor and analyze data according to tools, methods and formats and recommend appropriate action to mitigate risk and optimize business benefits. Perform more complex analyses as assigned.
• Compile and categorize increasingly complex data, documents and verify factors and assumptions used in computations to ensure robust output.
• Assist in the development of risk based capital models as well as parameterization and allocation activities to support actuarial services.
• Participate in the evaluation and review of new/proposed processes and systems, where analysis is conducted to support the implementation of upgraded systems.
• Leverage actuarial skills and knowledge to provide specialist advice to address specific technical queries from internal clients in order to provide first class customer service.
• Demonstrate further increasing knowledge of relevant actuarial disciplines and procedures, and apply this knowledge to achieve business objectives and deliver first class customer service.
• Continue to advance in pursuit of local actuarial qualification and demonstrate consistent progress towards designation in order to maintain the talent pipeline for Actuarial.
• Train of less experienced actuarial staff.


You are the heart & soul of Zurich! 
Together we are committed to delivering on our purpose - Let’s Create a Brighter Future Together!

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas. You can expect to work on challenges that will help you grow and to collaborate with a diverse and inclusive team. 
People are Zurich’s most important asset. Their varied skills, perspectives and experiences drive innovation. And they reflect the breadth and diversity of our customers, suppliers, communities and investors around the world. We are committed to attracting and retaining talented individuals from a variety of backgrounds and experiences. Zurich does not discriminate based on race, ethnicity, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. 



  • Location(s):  MY - Kuala Lumpur 
  • Remote working: Yes
  • Schedule: Full Time
  • Recruiter name: Kavitha Vijayaratnam
  • Closing date:

Apply now »