Assistant Manager, Actuarial – Financial Condition Management

Job Description - Assistant Manager, Actuarial – Financial Condition Management (220001A3)

Job Number:

220001A3

Position: Assistant Manager, 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 insurers 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.

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 Assistant Manager, Actuarial – Financial Condition Management.

The Role:

• Perform the following tasks based on Singapore Risk Based Capital 2 (RBC) reporting requirements with sufficient checking and analysis:
  • Monthly valuation (reserve, financial resources and risk requirements)
  • Stress Testing
  • Sensitivity testing on Capital Adequacy Ratio under Group prescribed scenarios
  • Business planning
  • Capital Contingency Plan
• Enhance existing Prophet coding to cater for RBC2 reporting requirements with audit trail for the abovementioned tasks.
• Work with supervisor to design process and reporting template for the abovementioned tasks.
• Collaborate with risk management, actuarial and finance teams in the Great Eastern Group on the requirements and timelines.
• Highlight any potential concerns / enhancements on Group reporting.
• Other responsibilities as assigned.

The Person:

• Degree in Actuarial Science with good progress in Actuarial examination.
• Minimum 2 years working experience.
• Good understanding of the insurance industry, preferably in life insurance.
• 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 for work, and has a good attitude towards teamwork.
• Takes initiative to improve current processes and is adaptable to embrace new changes.

Entity: Great Eastern Life Malaysia

Employment Type: Permanent

Great Eastern Malaysia is committed to Equal Employment Opportunity, and all qualified applicants shall receive fair and equal consideration for employment.