Sr. Actuarial Analyst

Location MALAYSIA
Experience level Experienced Hire
Job details sector Information Technology
  • Develop best practice and support the actuarial development and process improvement in modeling across the regions.

  • Assist the Senior Manager in leading the team and develop the Prophet models (deterministic and stochastic), data conversion systems (DCS) and the corresponding processes/guidelines

  • Ensure Prophet systems are kept in a controlled environment and can be readily used to support various valuation, reporting and strategic planning projects across the region

  • Act as a service provider to the region by providing timely support on Prophet model development 

Assist the Senior Manager in leading the team and develop the Prophet models (deterministic and stochastic), data conversion systems (DCS) and the corresponding processes/guidelines

  • Centrally manage all deterministic Prophet models within the team and respond to change requests from the region in a timely manner

  • Ensure Prophet models are frequently updated to reflect changes in regulatory requirements such that models can be readily used for valuation reporting and product pricing

  • Ensure timely release of new Prophet model versions for production of valuation and strategic planning results

  • Develop new functionalities within and around the Prophet model to enhance the usability of the model across various Actuarial functions

Establish and implement standards and guidelines to the CAMP models and DCS to ensure good quality control within the region:

  • Ensure all cashflow projections are accurate, complete and meet AXA standards

  • Ensure adequate documentation is in place for all model developments and modifications for a good control framework

  • Develop best practices in Prophet development to ensure efficiency and consistency in variable naming, coding and model structure

  • Ensure the model is properly checked and validated before using for production

Assist in implementing change requests from entities:

  • Lead junior staffs in carrying out change requests, provide them technical assistance when needed

  • Review technical specifications prepared by analysts and make

  • sure their correctness. Assist the preparation for more complex projects

  • Recommend priorities for consideration when necessary

  • Ensure the entities changes are integrated into the Regional Prophet model

Support various AXA stakeholders (eg local actuarial teams, Regional Life Actuarial, Inforce and Capital Management, Finance, Risk and Compliance teams) on Prophet modeling capabilities:

  • Assist Risk Management team to ensure all risks covered

  • Assist Corporate Finance team on due diligence work when require

Ensure team produces high quality analysis according to agreed timetables:

  • Monitor progress and recommends re-allocation of resources as necessary to meet agreed timetable

  • Check accuracy and completion of model development with specifications agreed with users

Ensure that user requirements are fully understood, documented, and implemented for Prophet model development.

  • Review end user change request to ensure high quality deliverables met users’ requirements

  • Discuss requirements with users and ensures that specifications are complete

  • Obtain sign-off on requirements from the user

  • Set up standard reports and checks to be communicated with users

Provide high quality, timely consistent, standardized services to customers:

  • Continually provide quality and timeliness of work products upon requests to ensure customer needs are met

  • Maintain good working relationships with customers through frequent communication

  • Provide professional analytical support to local country’s actuaries

 

  • At least 2 years financial services industry experience and preferably a Fellow of a recognized actuarial institute

  • Good experience in actuarial Prophet model

  • Good understanding of actuarial basis, in particular MCEV calculations, economic capitals and Solvency II

  • Asian regional experience desirable

  • Excellent English verbal and written communication skills required.

Would you like to wake up every day driven and inspired by our mission of acting for human progress by protecting what matters? Here at AXA we strive to be a responsible employer, placing employee engagement at the heart of its business strategy. Achieving this means creating a workplace built on AXA's Values that foster diversity and equal opportunities for all, promotes employee participation, encourages professional development, and supports employee well-being.

We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.

In a fast-evolving world and with a presence in 57 countries, our 160,000 employees anticipate change to offer services and solutions tailored to the current and future needs of our 108 million customers.


AXA is becoming a sustainable tech-led company and at AXA Group Operations we are one of the major catalysts for this transformation. 

We set the tone by triggering and empowering the evolution of our insurance business model through technology and innovation, driving its concrete implementation globally at speed, with a high quality of advisory and execution.

We are present across 17 countries with committed, highly qualified teams. We leverage technology, data, sourcing, security and investment allocation in a global way, but also achieve economies of scale and synergies when necessary.

At AXA Group Operations, we want to be recognized in three fields of action:

  • State-of-the-art Data Technology to drive customer experience
  • State-of-the-art Procurement & Sourcing to drive efficiency and better manage risks
  • High-Performing Global Team for stronger partnerships with AXA entities 

We bring together the expertise, cultural diversity and creativity of over 8,000 employees worldwide and we’re committed to equal opportunities in all aspects of employment (gender, LGBT+, disabled persons, or people of different origins) and to promoting Diversity & Inclusion by creating a work environment where all employees are treated with dignity and respect, and where individual differences are valued.