Associate, Actuarial
5 months ago
As a LIFE company, our customers are at the heart of all that we do. Being one of Asia's leading insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement - from the way we treat every customer relationship with honesty and transparency, to our proactive approach of delivering the best possible solutions in both life and general insurance.
Integrity, Initiative, and Involvement is what guides us. It is what makes us do the right thing, take the lead, and choose 'we' over 'me'. Our mission is to make life great for our customers because we understand what matters most to them, and we know how to help them protect it.
If you are looking to grow in an enriching career filled with opportunities and potential, we are seeking a professional to join our team as Manager, Actuarial (FCM).
The Role:
- Perform IFRS 17 data testing and other related tasks
- Analyse valuation and financial results (profits, surplus arising, reserves, and capital requirements)
- Perform testing on valuation data from policy administration system
- Prepare and analyse solvency results for IAIS ICS computations
- Prepare and analyse solvency results required by MAS
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company
- Highlights any potential concerns /risks and proactively shares best risk management practices
- Other responsibilities entailed
- Possess Degree in Statistics, Mathematics, or Actuarial Sciences, with relevant professional qualifications
- Has at least 4 years of working experience in financial services industry
- Effective communication and interpersonal skills
- Good project management skills
- Proficient in MS Office, including Macro, VBA, and Excel
- Experience with Prophet for product modelling and projection
- High level of integrity, takes accountability of work and good attitude over teamwork
- Takes initiative to improve current state of things and adaptable to embrace new changes
Location: HQ, Kuala Lumpur
Entity: Great Eastern Life Malaysia
Employment Type: Permanent
To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
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