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Actuarial Analyst / Senior Actuarial Analyst

Employer
Great Eastern Life Assurance Co Ltd
Location
Singapore, Singapore
Salary
Competitive
Closing date
Jul 22, 2024

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Job Function
Insurance
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Purpose
You will be a key actuarial team member responsible for the valuation, review and analysis of IFRS17 reporting.

The Job
• 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.

Our Requirements
• 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.

About Great Eastern
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.

We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.

We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.

Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.

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.

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