(Actuarial) Intern – Kuala Lumpur

Company Overview

NMG Consulting is a leading multinational insurance, reinsurance and investments consultancy, integrating consulting, insights and analytics. Our consultants provide strategy consulting, insights, analytics and actuarial services to financial institutions including banks, insurers, reinsurers and fund managers.
We are constantly evolving and the range of work that we do challenges and expands our peoples’ knowledge at lightning speed. Our flat, team-based structures encourage participation from all experience levels – everyone is encouraged to contribute, regardless of their role. We advocate hearing different points of view, collaboration and constructive debate.

The Data & Analytics Practice has been providing actuarial, financial, strategy, management, and distribution consulting services to (re)insurance companies/ (re)takaful operators in Asia since its inception over 25 years ago. During this time, we have been valuing the loss reserves, performing pricing studies and various capital/ reinsurance optimisation analyses for companies throughout the region for their compliance with increasingly sophisticated local insurance regulations.

Summary Statement

NMG Consulting is offering an internship within our Data & Analytics Practice based in Kuala Lumpur. It is an exciting opportunity for individuals seeking to advance their knowledge and expertise in a consulting environment. By being involved in a broad array of projects within our actuarial consulting business, you will obtain local and international market knowledge, along with experience in project planning and execution across a variety of client engagements. You will support the team with tasks including (but not limited to); data analytics, exploration of data patterns and trends, insurance liability valuation, and conducting market research.

Learning Outcomes
 Exposure to the fast-paced environment of the consulting sector
 A solid foundation for careers in the general insurance industry
 Hybrid working model that encourages autonomy and efficient communication
 Development of analytical and critical thinking abilities
 Application of learned actuarial knowledge to real world scenarios under the guidance of experienced actuaries

Role

(Actuarial) Intern - Kuala Lumpur

Location:

Kuala Lumpur

Industry:

Key Responsibilities

  • Aiding senior colleagues across a variety of potential projects ranging across liability valuation, financial modelling, pricing and strategy development with:

  • Analytical frameworks;

  • Financial modelling;

  • Market research;

  • Developing reports and presentations;

  • Support on an ad-hoc project basis, as required

Competencies, Qualifications & Experience

  • Final year students studying for a bachelor’s degree in actuarial studies with excellent academic performance

  • Proven quantitative abilities and analytical skills; Strong attention to detail

  • Strong interpersonal and communication skills, both written and verbal

  • Highly proficient in Microsoft Word, Excel (advanced level preferred) and PowerPoint

  • Knowledge of statistical software such as SAS, SQL, R/ R-Shiny, Python is desirable

  • Highly motivated to learn and contribute. Curious, flexible and learning-oriented

  • Self-managing with the ability to work independently

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