Associate, Actuarial

4 months ago

Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time
Position: Associate, Actuarial - Financial Condition Management

Discover the GREAT in your career.

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 exciting career filled with opportunities and potential, we are seeking a professional to join our team as Associate, Actuarial - Financial Condition Management.

The Role:
  • Perform asset share and bonus reserve valuation study.
  • Prepare bonus recommendations for Participating policyholders and necessary regulatory submissions.
  • Perform user acceptance test (UAT) for Prophet modelling.
  • Assist with system set-up and perform UAT in the relevant life systems for bonus revision and interest rate updates.
  • Prepare and submit relevant reports to internal parties (e.g. Monthly Expense Allocation and Quarterly Expense Monitoring).
  • Provide technical support for policy miscellaneous calculation.
  • Perform annual review of internal policies.
  • Ensure that standard operating procedure (SOP) are up-to-date.
  • Analyse and monitor experience of life insurance portfolio (e.g. Claims, Persistency).
  • Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
  • Highlight any potential concerns /risks and proactively shares best risk management practice.
  • Other responsibilities entailed.
The Person:
  • Degree in Actuarial Science.
  • Fresh graduate to approximately 2 years working experience.
  • Good understanding of the insurance industry.
  • Good communication, project management and time management skills, and possess good problem solving ability.
  • Proficient in Microsoft Office and programming language.
  • 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.
Great Eastern Malaysia is committed to Equal Employment Opportunity, and all qualified applicants shall receive a fair and equal consideration for employment.

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.

About Great Eastern

Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.

We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.

We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.

Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.

  • Associate, Actuarial

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Associate, Actuarial (Financial Condition Management) Discover the GREAT in your career.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,...

  • Associate, Actuarial Pricing

    1 week ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Job Summary:As part of the Actuarial System Support team, you will be responsible for setting up products in the company's life systems, coordinating and collaborating with Business Subject Matter Experts (SMEs) to define user requirements and objectives, and working with various stakeholders to deliver the product on time. Additionally, you will support the...

  • Associate / Assistant Manager, Actuarial (Financial Management and Modelling)

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Associate / Assistant Manager, Actuarial - FCM (Actuarial Modelling) At Great Eastern Malaysia, we're seeking a talented professional to join our team as Assistant Manager, Actuarial - FCM (Actuarial Modelling). This role is a fantastic opportunity to grow your career in a dynamic and exciting industry. The Role: • Maintain, modify and enhance...

  • Associate / Assistant Manager, Actuarial (Financial Management and Modelling)

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Associate / Assistant Manager, Actuarial - FCM (Actuarial Modelling)At Great Eastern Malaysia, we're seeking a talented professional to join our team as Assistant Manager, Actuarial - FCM (Actuarial Modelling). This role is a fantastic opportunity to grow your career in a dynamic and exciting industry.The Role: Maintain, modify and enhance the...

  • Associate / Assistant Manager, Actuarial (Financial Management and Modelling)

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Associate / Assistant Manager, Actuarial - FCM (Actuarial Modelling)Discover the GREAT in your career.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...

  • Manager, Actuarial

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Discover the GREAT in your career.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...

  • Executive, Actuarial Professional

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our...

  • Director, Analytics Actuarial Leader

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Aon Hewitt Full time

    About the RoleWe are seeking a highly skilled and experienced Actuarial Reinsurance Strategist to join our team at Aon Hewitt. As a key member of our analytics team, you will play a critical role in shaping our reinsurance strategies and driving business growth.Key ResponsibilitiesDevelop and implement actuarial pricing techniques, including experience and...

  • AVP, Actuarial

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: AVP, System SupportDiscover the GREAT in your career.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...

  • Senior Analyst, TIM Actuarial Services

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia FWD Group Management Holdings Limited Full time

    About FWD Group FWD Group is a pan-Asian life insurance business with over 13 million customers across 10 markets. Established in 2013, the company focuses on changing the way people feel about insurance. FWD's customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products, and a simpler insurance...

  • Associate, Actuarial

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Discover the GREAT in your career.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...

  • Director, Analytics Actuarial

    2 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Aon Corporation Full time

    Director, Analytics Actuarial ReinsuranceAon is in the business of better decisionsAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.What the day will look...

  • Associate Reinsurance

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Associate, Actuarial (Reinsurance) Discover the GREAT in your career.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...

  • Actuarial Manager, Valuation Shared Service Center

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Manulife and John Hancock Full time

    Job Title: Actuarial Specialist About the Role: We are seeking a highly skilled Actuarial Specialist to join our team in Asia. As an Actuarial Specialist, you will play a key role in providing timely and accurate liability system solutions and analytics to our Asia Business Units. You will be responsible for executing, assembling, and analyzing IFRS and...

  • Associate - Strategy, In Force Analytics

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Associate, Finance (Management Reports) At Great Eastern Malaysia, we are seeking a talented professional to join our team as an Associate, Finance (Management Reports). This role is a fantastic opportunity to grow in an exciting career filled with opportunities and potential. The Role: • Assist in formulating the Asset Liability Matching (ALM)...

  • Assistant Manager, Actuarial

    2 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Assistant Manager, Actuarial - Financial Condition ManagementDiscover the GREAT in your career.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...

  • Associate - Strategy, In Force Analytics

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Associate, Finance (Management Reports)At Great Eastern Malaysia, we are seeking a talented professional to join our team as an Associate, Finance (Management Reports). This role is a fantastic opportunity to grow in an exciting career filled with opportunities and potential.The Role: Assist in formulating the Asset Liability Matching (ALM) Optimisation in...

  • Actuarial Manager, Valuation Shared Service Center

    3 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Manulife and John Hancock Full time

    Job Title: Actuarial SpecialistAbout the Role:We are seeking a highly skilled Actuarial Specialist to join our team in Asia. As an Actuarial Specialist, you will play a key role in providing timely and accurate liability system solutions and analytics to our Asia Business Units. You will be responsible for executing, assembling, and analyzing IFRS and local...

  • Associate, IFRS Valuation

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Discover the GREAT in your career.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...

  • Associate - Business Finance

    4 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Great Eastern Malaysia Full time

    Position: Associate, Business Finance - CFOs OfficeDiscover the GREAT in your career.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...