About the Job

You will be a key actuarial team member responsible for the valuation, review and analysis of IFRS17 reporting.

Support the end-to-end valuation and reporting of policy liabilities to ensure its compliance with IFRS Standard;
Support the analysis of the movement of liability for underlying and reinsurance contracts;
Support and ensure appropriate controls are in place for IFRS reporting process;
Constantly support and explore possibilities to improve existing processes;
Provide technical support to both internal and external stakeholders in the preparation of financial statement , auditing, and system development;
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 in order 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

Good progress in Actuarial examinations from a recognized International Actuarial body;
At least 2 years of working experience in actuarial field;
Familiar with RBC, EV, Solvency II, or IFRS 17 is an advantage;
Excellent communication and organizational skills;
Excellent technical, analytical, and problem solving skills;
Proficient at Actuarial work applications such as Prophet, DCS, VBA, SQL, or Python;
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.

Senior Actuarial Analyst

Senior Actuarial Analyst