Actuarial Product Development Manager

3 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia GREAT EASTERN Full time

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.

We are champions of Integrity, Initiative and Involvement, and 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.

Our sustainability approach around environmental, social, and governance (ESG) considerations plays 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.

We seek a professional to join our team as an Actuarial Product Development Manager, responsible for developing and implementing actuarial pricing strategies and solutions that meet the company's minimum requirements.

This role involves working closely with cross-functional teams to ensure the development of high-quality actuarial pricing models and solutions that meet internal and regulatory requirements.

  • Key Responsibilities:
  • Develop/ review best estimate pricing assumptions to provide pricing proposals.
  • Review of pricing methodology and models that meet internal and regulatory requirements.
  • Ensure compliance with internal product and pricing policies, processes, profit margins, external regulatory guidelines and country mandates.

The ideal candidate will have a Bachelor's Degree in Actuarial Science and knowledge on actuarial models, industry standards, regulations and policies, own job discipline, completed Preliminary actuarial exams in one of the actuarial associations recognised by BNM.

Skillsets & Competencies:

  • Good communication skills: Written and verbal.
  • Relevant computer skills: Macro, Visual Basic, Excel, Word, etc.
  • Skill in product modeling and projection, Data Analysis.
  • Actuarial Knowledge, Product Knowledge and Development, Microsoft Word, Excel & PowerPoint, Database, Actuarial Application.
  • 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.


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