Assistant Manager – Actuarial

About the Job

You will support the development, maintenance, and enhancement of actuarial models, primarily within the Prophet environment, to meet business needs and regulatory requirements. You will work closely with team members to ensure model integrity, efficiency, and compliance with governance standards

• Assist in the development and maintenance of Prophet actuarial models, including updates for new products and changes in frameworks or methodologies.
• Drive model enhancement initiatives by improving model architecture, output quality, efficiency, and maintainability in collaboration with other actuarial teams.
• Help maintain and optimize data processes related to model inputs and outputs using SQL and Python.
• Ensure compliance with model governance policies and support audit processes.
• Provide support for strategic and ad-hoc projects, such as process automation.

We are looking for people with

• Bachelor's degree in Actuarial Science or an equivalent field.
• Demonstrated good progress in actuarial professional exams.
• Minimum 2 years of experience in relevant actuarial roles.
• Proficient in MS Excel, with knowledge of actuarial or programming tools (e.g., Prophet, SQL, Python) considered an advantage.
• Demonstrate strong analytical and problem-solving skills.
• Self-motivated, organized, and capable of working independently in a hybrid setup.
• 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.

How you succeed

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Who we are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.

The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

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.