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Actuarial System Specialist

3 weeks ago

Kuala Lumpur, Kuala Lumpur, Malaysia GREAT EASTERN Full time
About the Role

GREAT EASTERN is seeking a highly skilled and motivated individual to join our team as an Assistant Manager/Manager, Actuarial (System Support). This role involves setting up products in the product factory, coordinating with business subject matter experts, and delivering timely and accurate information for internal and external reporting.

Key Responsibilities:

  • Work closely with business SMEs to define business requirements, scope, and objectives.
  • Set up products in the product factory, including formula coding and product table setting.
  • Conduct thorough product testing in the product factory.
  • Establish reinsurance arrangements for new product launches, including user acceptance testing.
  • Manage reinsurance data to ensure accurate and timely information for internal and external reporting.
  • Responsible for reinsurance reporting to senior management and regulatory bodies.
  • Takes accountability for considering business and regulatory compliance risks and mitigating them effectively.
  • Maintains awareness of industry trends on regulatory compliance, emerging threats, and technologies.
  • Highlights potential concerns/risks and shares best risk management practices.