About the Job

To prepare and review reporting and analysis on Financial results (e.g. IFRS17 profit arising, return on shareholder equity, CSM balance etc); and work with relevant stakeholders on initiatives that can optimize the Financial results.

Review and analyze IFRS17 profit arising, return on shareholder equity, CSM balance etc.
Analyze profit arising and share the findings with key stakeholders.
Perform and review business planning and forecast analysis of company's KPIs and provide timely updates to key stakeholders on the outcome, including strategies/ plans on how to close the gaps.
Review user acceptance test for Prophet modelling.
Coordinate with stakeholders from various departments, e.g. Strategy, Actuarial, Investment and etc, in identifying and implementing strategies that optimize company's KPIs.
Assist Head of Department in any other assignments as and when required.
Provide guidance to junior team members.
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 to understand the risk and better safeguard the company.
Highlights any potential concerns /risks and proactively shares best risk management practices.

We are looking for people with

Tertiary – Bachelor in Statistics/ Mathematics/ Actuarial Studies
Near qualified or good progress in actuarial exams in one of the actuarial associations recognized by BNM
More than 6 years of actuarial related experience.
Knowledge on: (i) Actuarial models (Advance); (ii) Actuarial theories, practices and procedures.

Key Competencies:

Developing others
Teamwork
Exploring possibilities
Business Planning
Financial Modelling
Valuation Approaches and Methodologies
Valuation Conclusion and Reporting
Scenario Planning and Analysis
Information seeking
Analytical thinking
Problem solving
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.

Manager, Actuarial Financial Planning & Analysis (IFRS17)